This items was in storage for a long time. The top portion of the box was left open for a while, the only blemish that I see is on the flip lock, see the picture. A thin board inside is still wrapped in factory plastic.
Very similar to the one on Michael's web site, just google the below, it's selling between $120 - $170.
55" French Sketchbox Wood Floor Easel by Artist's Loft™