M = Mint. Absolutely perfect in every way--has never been played and record is in truly excellent condition. No tears or seam splits. Record may still have sleeve dust. Label stickers, writing, fading, wrinkling, color wear all detract from an M grading.
NM = Near Mint. A nearly perfect record. Some dealers use M- = Mint Minus. The record shows no obvious signs of wear. The album cover may have signs of slight handling, but no creases, folds, seam splits or any other noticeable similar defect.
VG+ = Very Good plus. The record should have a only a minimum amount of foreign or surface noise which does not detract from the recorded sound. The VG+ record may show some label wear, but it would be minimal. The album cover may have slight signs of wear and may be marred by a cut-out hole, indentation or corner cut. Shows signs it was played, but was well cared for. The record will have most of it's original shine.
VG = Very Good. Surface noise will be evident, may have light scratches that will be audible. Label, picture sleeve or album cover will show wear and may be marred by writing, or have tape or stickers (or their residue) attached.
G = Good. A record in "Good" condition shows signs of wear. It will have an audible amount of surface noises. There may be scratches, and it may be obvious the record was never cared for. Even so, it plays good enough to enjoy. A album cover will have seam splits, especially at the bottom or on the spine and will also have tape, writing, ring wear or other defects.
Grading notation is album cover/record.
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