The
magnetic signal reproduction system comprises a magnetic recording medium comprising a
magnetic layer comprising a ferromagnetic
powder and a binder on a nonmagnetic support and a
reproduction head, wherein a number of protrusions equal to or greater than 10 nm in height on the
magnetic layer surface, as measured by an atomic force
microscope, ranges from 50 to 2500 / 10,000 μm2, a quantity of
lubricant on the
magnetic layer surface, denoted as a surface
lubricant index, ranges from 0.5 to 5.0, a surface
abrasive occupancy of the magnetic layer ranges from 2 to 20 percent, the
reproduction head is a magnetoresistive magnetic head comprising a spin-valve layer, the spin-valve layer comprises a
magnetization free layer, a
magnetization pinned layer and an antiferromagnetic layer, and the antiferromagnetic layer is comprised of
alloy comprising
iridium and
manganese, and the reproduction head comes in
sliding contact with the magnetic recording medium during
signal reproduction.