In overall good condition considering the age. There is some wear to the metal frame which is scratched and worn but it revolves smoothly and this is merely superficial. The paper is slightly peeling in some areas and has small crazing throughout although this does not detract from the aesthetics of the object.
There is one area of repair where it has been torn at some point but this is minor and only apparent with careful inspection.
It does not appear to have been revarnished.
There are small nicks to the wooden base.
Please see additional images, available upon request.