Banpresto has produced numerous versions of Gintoki. I believe this was the first version.
By Banpresto's standards, this figure is pretty high quality because there are only few faults on painting. The let-down for this figure is face sculpting. He doesn't really look like Gintoki. Additionally, a clear seam is seen on shoulder-sleeve.
Finally, his white kimono is too dirty. It should be more white.
P.S. Watch out for the hair. The pointy parts are quite sharp.