It is a PT quality gun which translates to Plain Twist barrels on a grade-0 gun. Generally speaking, a grade-1 or P grade would have the designation T or T1, L or L1. Laminated Steel was considered superior to Plain Twist though a handful of grade-1 guns were made with Twist Steel barrels. In the 71XXX range scant few grade-1 guns were made. Though the Serialization book lists your gun as a PT it could still be a grade-1 considering the level of engraving and the fact that it was checkered. Nevertheless you can't make a grade-1 gun from something legitimately identified as a grade-0.
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"I'm a Setter man.
Not because I think they're better than the other breeds,
but because I'm a romantic - stuck on tradition - and to me, a Setter just "belongs" in the grouse picture."
George King, "That's Ruff", 2010 - a timeless classic.
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