This is a 1998 Merge Records pressing with pale yellow labels, which makes it the second pressing. It's in absolutely gorgeous condition, only flaw I can really see is a little minor wear to the labels but the wax and cover are both gorgeous. This copy plays quietly and sounds correct to me. I don't have enough of these on hand to make a value judgement about this pressing but it certainly sounds like the way I want to hear this music. It's not a super high-fidelity affair and that's just fine -- make this album sound differently and you would lose something in the process.
5 stars Allmusic: "Perhaps best likened to a marching band on an acid trip, Neutral Milk Hotel's second album is another quixotic sonic parade; lo-fi yet lush, impenetrable yet wholly accessible, In The Aeroplane Over The Sea is either the work of a genius or an utter crackpot, with the truth probably falling somewhere in between."
Vinyl: EX (a little wear to labels but super clean overall)
Cover: EX (super nice!)
Play notes: A super clean copy, nicest I've seen in ages.