The grading system I use when determining the condition of the vinyl is The 'Record Collectors' Grading System, taken from the Rare Record Price Guide book.
Mint (M) The record itself is in brand new condition with no surface marks or deterioration in sound quality. The cover and any extra items such as the lyric sheet, booklet or poster are in perfect condition. Records advertised as Sealed or Unplayed should be Mint.
Near Mint (NM) The record looks brand new with no scuffing or any deterioration in sound quality and only the smallest hint that its ever been played. The cover and any additional extras are clean, crisp and with no wear whatsoever.
Excellent (EX) The record shows some signs of having been played, but there is very little lessening in sound quality. The cover and packaging might have slight wear and/or creasing.
Very Good (VG) The record has obviously been played many times, but displays no major deterioration in sound quality, despite noticeable surface marks and the occasional light scratch. Normal wear and tear on the cover or extra items, without any major defects, is acceptable.
Good (G) The record has been played so much that the sound quality has noticeably deteriorated, perhaps with some distortion and mild scratches. The cover and contents suffer from folding, scuffing of edges, spine splits, discolouration, etc.
Fair (F) The record is still just about playable but has not been cared for properly and displays considerable surface noise; it may even jump. The cover and contents will be torn, stained and/or defaced.
Poor (P) The record will not play properly due to scratches, bad surface noise, etc. The cover and contents will be badly damaged or partly missing.
I will not refund you if have not read and understood the grading system I use.
To illustrate my point: if I describe a record as Good (G), it's not brand new or excellent - sound quality has noticeably deteriorated and the cover may be damaged with splits or discoloration.