This is the Sony licensed controller “The Glove” from Reality Quest.
Except for the controller and the instruction booklet, a VHS tape is also included. The white label on the cassette says: “PLAY THIS DEMO TAPE FIRST. PAL VERSION. Learn about “The GLOVE” for Playstation Games”.
I was really suprised when I found this boxed copy of the Sony licensed “2 Way Fighting Commander” controller from Hori. I thought that it never was released in Europe, but as you can see on the flags and languages that adorns the box, it definitively was.
Official white-coloured “Memory Card” in a blister pack. There are tons of these in different colours on ebay, but make sure you get a European version if you are a PAL collector like me. On most official hardware you can often see this on the letter “E” that is printed after the product number, in this case “SCPH-1020 EW”. The “E” stands for Europe and the “W” stands for white which is the colour of the card.
The official Playstation “Analog Controller” is the predecessor of the later “Dual Shock” controller. It lacks the vibration function, got longer handles and is missing the rubber cover on the analog sticks.
It is not particularly rare, but can be quite tricky to find boxed.