IMHO the quality of the components and finish for each "Grade" was at a price point

c. 1890 Factory Hammerless List Price Comparison

L.C. Smith........Ithaca...............Parker............Lefever

…………….....……...No. 1 - $50

………................No. 2 - $60….…….PH/1 - $65…...….G - $65

No. 2 - $80…..…….No. 3 - $80….…….GH/2 - $80….…….F - $80

No. 3 - $100……...No. 4 - $100……...DH/3 - $100……...E - $100

No. 4 - $150……...No. 5 - $150……...CH/4 - $150……...D - $125

No. 5 - $200……...No. 6 - $200……...BH/5 - $200……...C - $150



1902 The Pacific Hardware & Steel Co., San Francisco, CA

...................Parker..................L.C. Smith..............Remington

$70...............VH........................No. 1 ($60)..............BO ($75)

$80...............GH........................No. 2.....................BEO

$100.............DH........................No. 3......................CE ($95)

$150.............CH........................No. 4......................D

$200.............BH........................No. 5......................E ($225)

(AE on Smith guns add $15)