That's right! This is in absolute pristine MINT Condition! You're receiving a toy that has been sealed since Fall 2003.
I was lucky enough to secure two of these back in 2007 from a now defunct website in Hollywood that sold old stock of promotional movie and television items.
I've only opened the box to confirm that there are no issues with this toy. I've also remove my original shipping invoice and address label taped to the outside of the box.
I've included a video of the toy functioning properly.
This is a Genuine, Officially Licensed Studio Product.
Elf (2003) "In Theatres November 2003."
This toy depicts Will Ferrell as Buddy The Elf as his iconic Jack In The Box toy!