An LP jacket should have no creases,
folds, seam-splits or any other noticeable similar defect.
No cut-out holes, either. And of course, the same should be
true of any inserts, such as posters, lyric sleeves, and the like.
Basically, an LP in Near Mint condition looks as if you just got it home
and removed the shrink wrap.
Near Mint is the highest price listed in all Goldmine price guides. Anything that exceeds this grade, in the opinion of both buyer and
seller, is worth significantly more than the highest Goldmine book value.
Generally worth about 25 percent of the Near Mint value.
Many of the defects found in the VG+ record will be more pronounced in a VG disc.
Surface noise will be evident upon playing, especially in soft passages and during a song's intro and
fade, but will not overpower the music otherwise. Groove wear will start to be noticeable, as well as
light scratches (deep enough to feel with a fingernail) that will affect the sound.
Goldmine price guides with more than one price will
list Very Good as the lowest price. This, not the Near Mint price,
should be your guide when determining how much a record is worth, as that is the price a dealer will
normally pay you for a Near Mint record.
Generally worth 10-15 percent of the Near Mint value. Good does not mean Bad!
A record in Good or Good Plus condition can be put on a turntable
and will play through without skipping. But it will have significant surface noise and scratches and
visible groove wear (on a styrene record, the groove will be
starting to turn white).
A jacket or sleeve will have seam-splits, especially at the
bottom or on the spine. Tape, writing,
ring wear or other defects will start to overwhelm the object.
If it's a common item, you'll probably find another copy in better shape eventually. Pass it up.
But, if it's something you have been seeking for years, and the price is right, get it...but keep
looking ot upgrade.