Using the study of comparative writing styles (palaeography), it has been assigned to the late 2nd century CE.

[1] The papyrus is written on both sides, indicating this was likely a codex (the precursor to the modern book).

[2][3] The Greek text of this codex is considered a representative of the Alexandrian text-type.

Due to its early date, Biblical scholar Kurt Aland placed it in Category I of his New Testament classification system.

...basileia ē emē oi upēretai oi emoi ēgōnizonto an ina mē paradothō tois ioudaiois nun de ē basileia ē emē ouk estin enteuthen eipen oun autō o peilatos oukoun basi- leus su ei apekrithē o ise su legeis oti basileus eimi egō eis touto gegennēmai kai eis touto elēluth- a eis ton kosmon ina marturē- sō tē alētheia pas o ōn ek tēs alētheias akouei mou tēs phōnēs legei autō o peilatos ti estin alētheia kai touto eipōn palin exēlthen pros tous ioudaious kai legei autois egō oudemian euriskō en autō aitian estin de sunētheia umien ina ena ap- olusō umien en tō pascha boule- sthe oun ina apolusō umin ton basilea tōn ioudaiōn ekraug- asan oun palin legontes mē touton alla ton barabban ēn de o barabbas lēstēs tote oun labōn o peilatos ton ise kai ema-

...stigōsen kai oi stratiōtai ple- xantes stephanon ex akanthōn epethēkan autou tē kephalē kai imation porphuroun perieba- lon auton kai ērchonto pros au- ton kai elegon chaire o basileu- s tōn ioudaiōn kai edidosan au- tō rapismata exēlthen palin o peilatos kai legei autois ide agō umin auton exō ina gnō- te oti aitian en autō ouch euris- kō exēlthen oun o ise exō phor- ōn ton akanthinon stephanon kai to porphuroun imation kai legei autois idou o anthrōpos ote oun eidon auton oi archeireis kai oi upēretai ekrazan legon- tes staurōson auton legei au- tois o peilatos labete umeis auton kai staurōsate egō gar ouch euriskō en autō aitian apekrithēsan oi ioudaioi ēmeis nomon echomen kai kata ton