In a punch and die set, the punch (54) includes an inner section (58) and an outer section (56), wherein the inner section is higher than the outer section, a cutting die (71) for receiving the punch, and a stripper die (73) movable within the cutting die. Because the inner section (58) is higher than the outer section (56), the stripper die engages a workpiece first as the punch enters the cutting die, producing a kiss cut. The punch can further enter the die to provide a blanking cut. A pressure pad (75) within the stripper die (73) holds a workpiece (60) in place for cutting.