It is in used condition, but the teeth are NOT excessively worn, pointed, or shark-finned.
You can see the condition in the pictures. On the largest sprocket, there is a scratch in the middle where the cassette sits on the freehub.
The plastic spacers are without any defects.
The matching original Campagnolo lockring is included in the sale. This is also in good condition and without scratches.
The product condition can be seen in the pictures.