Of all items, phonograph records/sound recordings are the most subjective concerning condition. I have tried to the best of my ability to give an accurate grade. The majority of my records are used (and look used) unless stated otherwise.
Mint (M): This is a perfect record. Pristine and in most cases, unplayed.
Near Mint (NM, M-): A near mint record has been played, but has been handled with utmost care and has no obvious signs of wear.
Very Good Plus (VG+): A record in Very Good Plus condition has been carefully played and handled. The record might have some very minor defects, but these defects will not affect the listening experience.
Very Good (VG): A record in very good condition has been played and handled, but still provides a pleasant listening experience. Records in this condition might have some surface noise present and may have audible and visual scratches that are noticeable.
Good and Good Plus (G and G+): A record in Good or Good Plus condition will have surface noise, and visual scratches, but the record will play all the way through without skipping. They might also have noticable groove wear.
Fair and Poor (F and P): Records in fair and poor condition are generally not sought after. Heavy wear, heavy groove wear and/or skipping. Deep scratches might also be present.