The company that we purchase many of our exotic woods from recently accepted a container of wood from Central America. The container contained mostly Cocobolo and Bloodwood. As they tallied the wood into their inventory, they identified a crate of pieces that they called seconds or #2 stock. Some of this stock is cut slightly out of square or has very minor surface checks, some is slightly under size, some has more sapwood than what they consider acceptable. To be honest, they are VERY picky.