Blue Cheer's vinyl LP "Vincebus Eruptum" (Stereo version) released in 1968 on the Philips label SBL 7839.
Disc: Very Good (VG) Disc plays well but album is in general very bass-heavy and may sound muddy if bass isn't reduced on playback. The disc is at the higher end of VG rating but there are a couple of clicks and occasional surface noise so I've erred on the side of caution by not rating it VG+. 
Sleeve: Very Good (VG) Sleeve intact, some ringwear but pretty good for fifty years old.

Playbacktested on:

Audio-TechnicaLP5 Turntable, NAD C320BEE Amplifier, Wharfedale Diamond 121Speakers.

TheGoldmine Standard for Grading Vinyl

Mint (M)

Absolutely perfectin every way. Certainly never been played, possibly even stillsealed. Should be used sparingly as a grade, if at all.

NearMint (NM or M-)

A nearly perfect record. A NM-record has more than likely never been played, and the vinyl willplay perfectly, with no imperfections during playback. Many dealerswon't give a grade higher than this implying (perhaps correctly) thatno record is ever truly perfect. The record should show no obvioussigns of wear. A 45 RPM or EP sleeve should have no more than themost minor defects, such as any sign of slight handling. An LP covershould have no creases, folds, seam splits, cut-out holes, or othernoticeable similar defects. The same should be true of any otherinserts, such as posters, lyric sleeves, etc.

VeryGood Plus (VG+)

AVery Good Plus record will show some signs that it was played andotherwise handled by a previous owner who took good care of it.Defects should be more of a cosmetic nature, not affecting the actualplayback as a whole. Record surfaces may show some signs of wear andmay have slight scuffs or very light scratches that don't affectone's listening experiences. Slight warps that do not affect thesound are "OK". The label may have some ring wear ordiscoloration, but it should be barely noticeable. Spindle marks maybe present. Picture sleeves and inner sleeves will have some slightwear, slightly turned-up corners, or a slight seam split. An LP covermay have slight signs of wear, and may be marred by a cut-out hole,indentation, or cut corner. In general, if not for a couple of minorthings wrong with it, this would be Near Mint.

VeryGood (VG)

Manyof the defects found in a VG+ record will be more pronounced in a VGdisc. Surface noise will be evident upon playing, especially in softpassages and during a song's intro and fade, but will not overpowerthe music otherwise. Groove wear will start to be noticeable, as withlight scratches (deep enough to feel with a fingernail) that willaffect the sound. Labels may be marred by writing, or have tape orstickers (or their residue) attached. The same will be true ofpicture sleeves or LP covers. However, it will not have all of theseproblems at the same time.

Good(G), Good Plus (G+)

Arecord in Good or Good Plus condition can be played through withoutskipping. But it will have significant surface noise, scratches, andvisible groove wear. A cover or sleeve will have seam splits,especially at the bottom or on the spine. Tape, writing, ring wear,or other defects will be present. While the record will be playablewithout skipping, noticeable surface noise and "ticks" willalmost certainly accompany the playback.

Poor(P), Fair (F)

Therecord is cracked, badly warped, and won't play through withoutskipping or repeating. The picture sleeve is water damaged, split onall three seams and heavily marred by wear and writing. The LP coverbarely keeps the LP inside it. Inner sleeves are fully split,crinkled, and written upon.