Here's one I think most of you should know. This is one of the first punk records I ever bought when I was a kid. I really played the hell out of it, and blew out a speaker or two in the process. The Nosebleeds formed in 1976 in Wythenshawe, Manchester, England. This was the only record they put out, it sold 10,000 copies. Here's a Wikipedia page with a more in depth history of the band, as well as some great links.
Rabid Records 1977
1 Ain't Been To No Music School
2. Fascist Pigs