This poster is in

 Very Good to Fine condition and was Linenbacked.

The poster looks very good and I believe most collectors would be happy to display it on their wall, but you be the judge from the picture above.

Prior to Linen-backing the poster had small paper loss at the bottom crossfold and minor wear along the foldlines. There was paper loss in the extreme right of the bottom border and some minor border defects. Overall, the poster was in very good condition prior to linenbacking. The poster was well backed, but the restorer did not repair the missing paper in the right of the bottom border, likely assuming that it would not show when the poster is framed. 

This poster was nicely linen-backed and displays wonderfully.

Linen-backing is used to preserve movie posters which makes the movie poster much easier to display.  Linenbacking adds to the value of the movie poster and makes the quality more visible.