The pictures say it all ...
The inside embroidery is intact, the whole item is nice, but there is a missing part of leather, 7cm high x 27 cm large on the outer face, representing about 20 % of this side, where it meets with the back, and the leather in general is a bit "tired".
No damage which cannot be repaired, of course, but it is certain that to regain all its brilliance and its integrity, this object would need to pass into the hands of a restorer.
It is also very possible to make no expense, and to keep it in its actual state, and to expose it open, as most of the sabretaches of this type are presented in museums and collections.
.The modest price obviously takes into account the condition of the object. I offer the shipping costs.