This poster is in

 Very Good 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 tiny paper loss at the crossfolds. There was a 1 1/2" tear near the right of the middle foldline just at the edge of the girl's foot. There was minor wear on the foldlines and minor border defects. Overall, the poster was in very good condition prior to linenbacking. The poster was nicely backed, and displays well.

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.