The original Browning superposed were field,pigon,Diana,pointer,and midas grades. In that that order.
That's pretty close. The naming convention changed over the years, but the order, from low to high, was Field, Pigeon, Pointer, Diana, and Midas during the 1960's. During the 1950s the naming convention and order was Grade I (Field equivelent), II (Pigeon equivelent), III (later replaced by the pointer), IV (later discontinued), V (Diana equivelent), and VI (Midas eqvivelent).
The value of a Diana will various dramatically based on a whole gamit of issues. Below is a rough price range depending on what exactly you're holding:
A 1971, short tang, Broadway trap, skeet/skeet chokes, aftermarket recoil pad, unsigned, in average shape will be on the low end...maybe $4000-$5000.
If you have a 1955 Grade V, 20 ga, lightening, long tang, 28" barrels, mod/ic chokes, Funken signed, original horn buttplate, excellent shape, original hard case, you will be looking more in the $13000-$16000.
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