What do the letters mean in sandpaper grading?
According to this site:


  The weight of the backing is usually designated by a letter. For paper backings, the weight ratings range from "A" to "F," with A designating the lightest and F the heaviest. Letter nomenclature follows a different system for cloth backings, with the weight of the backing rated J, X, Y , T, and M, from lightest to heaviest.