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NRA Condition Grading Scale Flashcards

7 cards from real CFA practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 NRA Condition Grading Scale flashcards as text
  1. Under the NRA grading system for modern firearms, what percentage of original finish must remain for a gun to qualify as 'Very Good'?

    Answer: At least 80%

    NRA 'Very Good' for modern firearms requires at least 80% original finish remaining.

  2. A revolver shows sharp lettering on all markings, no pitting, and about 97% bright original bluing. Which NRA modern grade applies?

    Answer: Excellent

    NRA 'Excellent' applies to modern firearms with 95–99% original finish and sharp, clear markings.

  3. Which NRA antique condition grade describes a firearm that is mechanically sound but shows heavy wear, scratches, and very little original finish?

    Answer: Fair

    NRA 'Fair' for antiques describes guns that are functional but show heavy wear with little original finish remaining.

  4. The NRA 'Perfect' grade for modern firearms requires the gun to be in what specific condition?

    Answer: 100% original finish, new or near-new in every respect

    NRA 'Perfect' means the firearm is in 100% original condition, as new in every respect.

  5. On the NRA antique firearms scale, a gun graded 'Good' must show evidence of what?

    Answer: Average wear consistent with use but mechanically sound

    NRA 'Good' antiques show average wear from normal use but remain mechanically sound with safe functionality.

  6. An appraiser evaluating a modern semi-automatic pistol notes the finish is approximately 65% original. What is the correct NRA grade?

    Answer: Good

    NRA 'Good' for modern firearms applies when 60–79% original finish remains.

  7. Which statement correctly distinguishes the NRA grading scales for 'modern' vs. 'antique' firearms?

    Answer: Modern grades use percentage thresholds while antique grades rely on descriptive condition terms

    NRA modern grades are defined by specific percentage thresholds of remaining finish, while antique grades use descriptive qualitative terms.