Key chain itself is in excellent, like-new condition and comes in original packaging – but box is damaged, please see all photos for condition. If you squeeze it, the plastic separates from the card, but it doesn't look cut to me - just unglued over time I think. However the top of the plastic part where it usually would hang does look cut or torn. Comes from smoke-free home and I always package carefully. Reach out with any questions :)