I am an experienced eBay seller, 10 years on this account but over 20 years in total, and will ensure the record is securely packaged. I am not experienced in grading shellac records, but I have play tested everything that I have listed and although on some existing listings have used Record Collector grading, I have started to observe the VJM record grading system. The grading is as follows:

 

N (78) M (LP). As new and unplayed (there are virtually no 78s that can categorically be claimed to be unplayed).

N- (78) M- (LP). Nearly Mint, but has been played. No visible signs of wear or damage.

E+ (78) VG+ (LP). Plays like new, with very, very few signs of handling, such as tiny scuffs from being slipped in and out of jackets.

E (78) VG (LP). Still very shiny, near new looking, with no visible signs of wear, but a few inaudible scuffs and scratches.

E- (78) VG- (LP). Still shiny but without the lustre of a new record, few light scratches.  LP: Some wear, scratches and scuffs, but no skipped or repeat grooves.

V+ (78) G+ LP. V+ is an average condition 78 in which scuffs and general use has dulled the finish somewhat. Wear is moderate but playing is generally free from distortion. Surface noise not overly pronounced. LP: Below average with scuffs and scratches on fewer than half the tracks. No skips or repeat grooves.

V (78) G (LP). Moderate, even wear throughout, but still very playable. Surface noise and scratches audible but not intrusive.

V- (78) G- (LP). Quite playable still, but distortion and heavy greying in loud passages. Music remains loud in most passages. Surface noise and scratches well below music level. LP: Lowest Grade. Audible scratches, etc. on more than half the tracks. Listening uncomfortable.

G+ (78). Grey throughout but still serviceable. Music begins to sound muffled. Heavy scratches.

G (78). Quite seriously worn and scratched, but music level is still higher than surface noise.

G- (78). Music still prominent, but wear and scratch damage extensive.

F (78). Most of music remains audible over surface noise, but listening now uncomfortable.

P (78). Unplayable.

NB: Damage to labels and jackets (LP) should be noted whenever present.