The paper fabric looks like a solid F-VF to me but based on what is visible, or is not visible, in the scan I would suggest that it has been pressed because I don't see any of the natural three-dimensionality that would be expected on a circulated folded note (raised fold lines, wrinkles, counting creases, etc.). However, I realize that scans can sometimes be deceptive.
In my book, and I'm not talking about this note in particular, pressing is "the kiss of death". I avoid pressed notes like the plague although sometimes we don't have a choice. A pressed note, and especially a heavily washed & pressed limp lifeless note, is akin to a coin that has been harshly cleaned with an abrasive substance or steel wool, but that's only my personal opinion.
Logged
" Buy the very best notes that you can afford and keep them for at least 10 years. " (Richard D. Lockwood, private communication, 1978).