Ovaltine 1942 premium with mailer 3.75x5-5/8". End flap has clear tape repair but most of the tape is on the reverse flap and just below. Front displays Fine. The folder titled "The Story Of The United States Marines By Capt. Midnight" is 3.25x5.5" and opens to 5.5x9.75". This pictures the ring and has interesting facts about the Marine Corps. Center panel has .5" paper break caused by the ring during mailing. Rest is clean. The ring itself, with the Marine Corps emblem on the top, is brass with adjustable bands. Most luster off but all a deep golden brown tone. The mailer and folder are actually scarcer than the ring. Rarely found complete.