Condition is very good with no chips or cracks to the Bakelite. There are a couple of scratches on the back, from the hardware, which are perfectly normal. The clip itself is a little loose but absolutely functional. I have worn it myself many times. I also just noticed that the metal itself has what looks like a crack in the plating, at the very top of the clip, running horizontally. It may have been dropped at some point, but I see no sign of damage anywhere else on the clip. I wouldn't be too concerned about it as the clip is structurally sound.