Preowned.  It does have a tiny nick on one tray

Keep all your jewelry and keepsakes safe in the Spindle storage box by Umbra. Made of wood, Spindle has a magnetic closure and three levels of storage boxes which can hold jewelry, postcards and any other mementos. Measures 7-1/2 in. x 4-1/2 in. x 5 in. Designed by Tom Vincent for Umbra original, modern, casual, functional, and affordable design for the home.

• High gloss wood pivoting storage box
• Magnetic closure
• 3-levels of storage boxes
• Extra storage space provided
• Measures 7-1/2 in. x 4-3/4 in. x 5 in.