The train is dirty, and has a few minor cracks, including at the nose, and possibly some glued repairs. There are four green wood couplers, which appears to be how these were originally shipped, as Holgate #777 "Holgate Cherry Railroad" has four of them, as well. The two supports on the caboose roof are missing.
The box is a poor example of their play-type boxes, where the box itself is printed to look like a train depot, and can be used in play. It is made of thick corrugated cardboard, and is stapled together. There are additional folds, which enable it to be folded into a building shape, where the top flaps meet in the center as a pointed roof. The box appears to be complete, but is separated in multiple places. Conservation is required.