Overall, for its price, it is a good purchase. It is beautiful. It is practical. Everything depends on how you will use it.

It is obviously plastic. So:
a) You definitely need to handle it accordingly so it doesn't break. So no clumsy movements when hanging/taking down your jewelry. It can withstand some drops from height (it has elasticity) but it's better to avoid them since with every fall the likelihood of breaking some branches is high.
b) It is not expected to handle a lot of weight. It will withstand the weight of the jewelry. That is not an issue. But since it is tall and has no weight at its base, it will be sensitive to tipping over if you accidentally bump it.

It has a large plastic base on which you can place various larger or heavier jewelry or even watches. Convenient for two reasons. First for the available space and second to weigh down the base so you don't have tipping over of the tree from above.

The shiny hard plastic is beautiful and gives a good visual feel but it is definitely sensitive to scratches from use, which will cloud it in the future and ruin its appearance. Also, it is certainly not the most jewelry-friendly. However, this is something you can easily solve by placing a soft cloth at its base.

It comes in 2 pieces. One is the base, and one is the top part. Their assembly is not the best. The top part does not fit completely into the base below. It requires quite a bit of pressure and care not to break it. Due to the black color, it is not visually noticeable, of course.

The store from which it was purchased unfortunately sent it with poor packaging. It was just a matter of luck that it was received intact and not broken. A minimal wrapping with bubbles inside a plastic bag does not guarantee that such a fragile item will arrive without issues in our hands. I don't know what the other stores do and how they send it.

Would I buy it again now that I've seen it up close? YES.
Will it withstand the test of time? Unknown (depends on the handling)

Note:
There is exactly the same one in a shorter and wider design for those who do not want it so tall or want it to be somewhat more stable. But the tall one is more convenient for some hanging jewelry.