Finally checked out my friends copy of the Psalms For I which sparked this whole thread...
Definitely brand new but made to look exactly like the old ones as far as I could tell. Had the Excelsior Press written in the corner. Had a red Carib Gems label. same catalogue number: CGLP 1002. Looks like a replica or something.
I'm sure there is some small detail that was different but none that I noticed. This will cause massive confusion in 20 years or so.
"No guns. No bayonets. Strictly telepathic."
-Brigadier Jerry
Could be that remaining original stock was discovered. This happens a lot. You produce 10000 LPs, and have 1000 left that no one wants anymore, as new albums "take over". 20 years go buy and then you find out the remaining stock is mint and...wanted again!