I got 2 rack grade Greeks several months ago.
One is a '43 SA and the other is a '54 HRA. Both had servicable wood, which after some more work may turn out really great, but as of now they just show a bit of history. The '43 even has the original stock cartouches and all. Both had muzzles that were a bit beat up, but that was fixed by Hook Boutin with one turn of a tool he happened to have handy.
The throat erosion on both is a 2!!!!
, bright clean rifling, and the Springer still has the original barrel. I have no idea how it's in such good shape. Also the SA has all the right numbers for a correct grade, including an uncut op-rod.
I have set that op-rod aside and have gotten another to use in the gun, lest it develop a stress crack.
Needless to say I'm tickled with my Greek Rackers. They both shoot well and will be worthy of passing on to my daughters.
That being said... rack grade rifles are a crap shoot, from all that I've read. I guess all I can say is that I got lucky.
Cabby