The stela was discovered in 1858 at Giza by the French archaeologist Auguste Mariette, during excavations of the Isis temple, next to queen's pyramid G1-c.

To the scholars it is obvious that the stela was a purposeful fake, created by the local priests with the attempt to certify the Isis temple an ancient history it never had.

Such an act became common when religious institutions such as temples, shrines and priests' domains where fighting for political attention and for financial and economic donations.

But Isis' name does not verifiably occur before king (pharaoh) Nyuser-Rê of the 5th Dynasty and she never had the title "mistress of the pyramid(s)".

[2][4] Despite these scholarly conclusions, people who adhere to the hypothesis that the Great Sphinx and the pyramids are much older than Egyptologists want to believe, consider the stela as a proof supporting such claims.