Unused item. I purchased it nearly 30 years ago, but it's been kept in a bag and is still in pristine condition. The grooves were cut when I bought it, so it's ready to use immediately. I don't remember the exact price, but I bought it at a major musical instrument store like Shimamura Music. As expected of a genuine product, the plating has a deep color and a luxurious feel. I've sold the Les Paul that this would fit, so I hope someone can use it. There may be some fine scratches if you look closely, so please be aware of that. Considering its age, I think it's in miraculous condition. Thank you.