New with tags. Package is listed as 1 Roll of Black Velvet Ribbon 3⁸ inches @ 20 yards, but I put another roll in the bag, bringing it to 40 yards. Velvet decoration ribbon is completely waterproof, and the color is not easy to fade. Can be used for many occasions. Can be applied for gift wrapping, scrapbooking, decorating , making bows, wreath, floral arrangement, jewelry, home, party, wedding decorations and other DIY craft projects. This ribbon can be cut into the different bows and other shapes.