Sealed: Still sealed.
EX (Excellent): Like new.
VG+ (Very Good +): May have light corner wear or a sticker.
VG: Rougher corners and seams, may have some light splitting.
VG-: Some splitting or wear.
G+: Rougher overall appearance with heavier splitting.
EX: Pretty much like a new LP but it isn't sealed
VG+: Looks relatively flawless, with only superficial signs of use.
VG: May exhibit minor surface marks with some mild surface noise.
VG-: May have numerous light scratches or marks that will affect music quality some, but quite readily playable.
G+: Heavier wear, usually from improper storage. This record will definitely have some noise due to its markings, but could be worthwhile buy for sentimental reasons.