The item is nearly perfect. Near Mint (NM) media has more than likely never been played, and if it has, there will be no imperfections during playback. The item should show no obvious signs of wear. The cover or container can have very minor defects., but it should have no folds, seam splits, scratches, or other noticeable similar defects. The same should be true of any other inserts, such as posters, lyric sleeves, etc. Many dealers won’t give a grade higher than NM, implying (perhaps correctly) that no item is ever truly perfect.