The item is New and Factory Sealed, but the packaging shows moderate shelf wear. This includes visible softening and small 'dings' on the corners, some light edge-wear (minor fraying), and surface scuffing on the plastic blister. The card remains unpunched, though it may have a slight curve or wave from storage. Perfect for an 'opener' or a casual displayer, but may not meet the standards of a high-grade mint collector.