The condition rating is based solely on the condition of the shaft and does not correspond to the condition of the grip. The grip could be labeled as a "Demo" grip and the condition may vary from good condition to worn. In some cases, the grip may be in need of replacement.
The price was right. The product was all I had hoped for. The shaft was used, but I couldn't tell. The grip was still in plastic. I changed from a stiff to regular shaft on all my clubs, and I wanted the original equipment on my hybrids. My only complaint was that they didn't have the other shaft for my 2-3 hybrid. I had to buy that from Cobra, and not only did I pay much more, but it took much much longer to get it.