I don't know about first edition, but it's OLD. You might be able to clean up those edges, with some very careful wiping and a soft cloth, like a microfiber cloth - I did similar with a pack of Classic Twins from Expert and they came surprisingly clean. Not perfect, mind you, but far better looking and they even handled better.
I could be mistaken here, but it looks like a deck that predates the letter dating system - and is certainly an early deck, based on the Ace of Spades mentioning Russell & Morgan. Tom Dawson would know that far better than I do and can probably better pinpoint the approximate year of manufacture.