The Fine Tool Journal condition classification for antique hand tools (Revised Edition (c) 1991)
Category	Useable	Finish	Wear	Repair	Surface	Misc
New (N)	Totally	Metal - 100% Wood - as mfg'd	None	None	Metal - No rust Wood - Surface Smooth, edges smooth	'+' indicates original pkg
Fine (F)	Totally	Metal - 90-100% Wood - 80% original or old finish	Minimal	None	Metal - trace of rust, some dark patina OK Wood - surface smooth, edges slightly rounded	Makers mark, if present, clear and easily legible
Good + (G+)	Yes - may need tuning	Metal - 75%-90%. Well patinated appearance	Normal	Minor or none	Metal - light rust Wood - minor surface stress, edges good	A few dings and/or scratches are OK
Good (G)	Yes - may need serious tuning	Metal - 50-75% Wood - pleasing patination, may have some stains	Normal to moderate	Minor but correct	Metal - light rust, some minor pitting Wood - minor chips, shrinkage cracks	This category represents average, as found condition
Category	Useable	Finish	Wear	Repair	Surface	Misc
Good - (G-)	Probably	Metal - 30-50% Wood - some patination, staining or discolouration prominent. Refinished	Moderate to heavy	Correct	Metal - moderate rust, moderate pitting Wood - warping, chips, minor splitting	This category definitely indicates a problem, although the general integrity is OK
Fair	Probably not	Metal - 0-30% Wood - extreme discolouration. Poor refinishing	Excessive	Major improper or missing parts	Metal - moderate to heavy rust, serious pitting Wood - warped, split, large chunks out, major cracks	Normally not suitable to add to a collection, may be good for parts
Poor	No	n/a	Excessive	Damaged, missing major parts	Metal - heavy rust, major pitting Wood - rot, rough surface, glued spilts	Only useful for parts or raw materials for the repair of better condition tools
Any deviation from the model parameters is to be described, whether positive or negative. All tools 'Good -' or better are assumed to be useable unless specific problems are pointed out.