NEW Brand new. Never mounted. No flaws on front or back of wheel.
LIKE NEW Looks brand new but has been mounted. No flaws on face of wheel. What you would expect if you bought a new car from the dealer. May have some brake dust on the back or mounting residue on rim flange.
VERY GOOD Looks new from a 10' (ten foot) distance. Minor scratch on lip at worst such as a barely noticeable wheel weight mark. Typical new take-off.
VERY GOOD Looks new from a 10' (ten foot) distance. A few very minor scratches. Imperfections on the center area and or lip area.
GOOD Noticeable scratches at a 10' (ten foot) distance, but just a few. Good at first glance. No major scrapes. Bright uniform finish.
GOOD Has minor curb scrape, but no missing metal. Otherwise "B" grade. OK for chrome plating with no repair work.
BAD Many scratches and or scrapes and or pits. Bad finish. Very worn wheel. OK for chrome plating, but may not re-chrome well.
DINGED Indented metal up to .5" (one half inch). Otherwise "B" grade or better. Safe for use. No damage to bead area. Would need repair before chrome plating.
TERRIBLE Indented metal greater than .5" (one half inch). Bad finish as "C" grade. Safe for use. No damage on bead area. Would need repair before chrome plating.
Raw or stripped, No paint on wheel
Paint is no match at all to OEM finish. Could even be a different color.
Bent but can be repaired.
Cracked but can be repaired.
Junk or Scrap