This copy of Gaucho is a first Japanese pressing, released in 1980, pressed on the original MCA "rainbow" label.
The cover is M-, with a couple of tiny corner dents. The obi is M-.
The lyric insert is VG, with no wear, tears, or writing, but with uniform discoloration from age. The disc is M- with one or two spindle marks on the labels, but no marks on the vinyl. Clean disc!