It is a plastic matte black palette with MIB professional makeup written over it. At first I thought those letters are engraved in the palette but to my despair those letters where just like alphabet stickers and I just had to swipe my finger off them with some pressure, for them to come out easily!
The palette has 18 colours containing powder and shimmer based. There are 7 powder based colours and the rest are shimmer based. The colors range from vivid red, green, yellow, lime to dark shimmery blue, purple, bronze etc. As far as the colors are concerned, the palette does give you a variety of them to play with.