Used, but looks like its in decent shape. I'll have the inside inspected by a gunsmith before shooting it, but it looks like its in good condition, and the cylinder felt reasonably tight. I don't know enough about the inner details to inspect the gun myself though. Its a .357 magnum with a 6.5" barrel. Although I like the looks of the Vaquero much better, I like the usefulness of the Blackhawk as well (adjustable sights gives me more flexibility).