From the wiki page on The Phantom Edit (not a great image - but you get the gist of it):-

Some more info about The Phantom Edit can be found in the ‘An Index Thread for Star Wars Fan Edits and Other Projects…’ thread - it has it’s own section there too, mate.
Below is a ‘cover’ image is from the ‘Star Wars – The Fandom Editors – A Real New Hope’ article at GeekDad.com - though I am not sure if it is an alternative or later cover from the DVD or VHS - a fan made cover - or just a promo poster / cover for TPE…
(I’m guessing at a fan-made DVD cover image)

Edit: This youtube video shows an image of the VHS cassette label for The Phantom Edit:-
‘The Phantom Editor Responds To Ahmed Best - Steele Wars ep 183’ - from the Steele Wars youtube channel
Rikter has some quality DVD covers based on it (there is a link to Rikter’s collection of early Star Wars covers in the DVD Covers Index thread) - he may have, or know of, some VHS covers too?
It has been a long time - but may be worth asking him (a fountain of knowledge, Star Wars rarities and a great guy too)…
Let us know if you do find a hi-res or decent quality cover images, and please post them up here 😃