I didn't read through the entire thread, but I think this depends on the market. There are a handful of shops I frequent in Chicago and most of the records are VG to NM. It's very rare that I see an LP I want and it's in unsuitable condition and I'm very picky about condition. However, I went to a shop in north central Wisconsin a few months ago and the records were in very poor condition and overpriced. Even their 45s were overpriced compared to Chicago, but I bought a few just to support the shop. Similarly, I bought probably 20 records at a Half Priced Books in Iowa months ago, all in great condition and priced very modestly. All the locations of that I've visited in Illinois and Wisconsin are selling VG condition commons for $5-10, things that would be in the $1 bin at any respectable shop. I know that HBP doesn't really count, but it was interesting to me see have hit the jackpot in Iowa and be skunked at every other location.