What is the first thing you do when you unwrap a new vinyl record?

I carefully cut plastic wrap at the access side and tape plastic wrap over the edges to inner side of the album jacket, so album will stay in its original wrapping but the disc is actually reachable. It’s actually helps to preserve album jacket for long time and keep nice fresh look of the album over the years. 

Clean it (Degritter Mk II, DW only), give it a fresh inner sleeve and a 5mil outer sleeve (for single/gatefold LPs), then I play it, and within a few days I catalog it.

Provisional answer to my own follow-up question - I think the P sticker might come from Cecil E Watts manual record cleaning system, the Manual Parastat.  It would have been all I could afford at the time.  There's a manual on vinylengine but I am not a member and new memberships are disabled ...

@richardbrand ....yes, I recall something to that effect....Parastat may be a name similar to a solution that I spray applied to a couple of Mobil Fidelity LP’s back when.....It sounded as if the content of the cuts became ’silken’ and damped out some hf detail....mho, of course.....
I used it on 3~4 albums, then stopped.
Ought to dig them out and hit replay.....

I throw the wrapper in the trash.