Using the study of comparative writing styles (palaeography), it has been assigned to the early 3rd century.

It has survived in a very fragmentary condition, which has resulted in differing ways of transcribing the text.

[1] In John 1:38 "οι δε" was added superlineary; αυ was deleted by dots above the letters.

Grenfell & Hunt remarked that there is no space for the ordinary reading ο λεγεται διδασκαλε because a line should have 34 letters, which is too long.

[3] Grenfell & Hunt rejected another possible reading κε διδασκαλε, which is found in Codex Bezae (possible conflation), and proposed κε alone, because Domine is found in Codex Vercellensis and in Codex Usserianus I,[3] but in the reconstructed text of the manuscript they did not decide to include this proposed variant to the text: All the editors agree that the space is insufficient for ο λεγεται διδασκαλε (John 20,16) but κε alone is too short and it is not supported by any Greek manuscript.

[2]: 405  Comfort proposed κε μου though this reading is not supported by any known Greek manuscript.

Biblical scholar Kurt Aland ascribed it as a "Normal text", and placed it in Category I of his New Testament manuscript classification system.

Biblical scholar Caspar René Gregory classified it under number 5 on his list.