Here is one that I do not own but is a good one for studying I think. It's a late 60s/very early 70s Gracy. It has lugs that are identical to Teisco snares of that era- very not Pearl. Also, the internal muffler is identical in the set up of it's mounting screws to Teisco- again, distinctly not Pearl. But look at that bizarre strainer switch. I thought Pearl acquired Gracy at some point but from this it doesn't look like it. I have a 20/12/16 from this same badge era and again the shells are different from Pearl luan shells. Looks like Gracy was still it's own company into this late badge era and was buying parts from Teisco or somehow linked up with them or the same parts manufacturer- I think.
[IMG]http://i302.photobucket.com/albums/nn87/Osakabop/snowbell1012-img449x600-12982952088qi1wu53171-1.jpg[/IMG]
[IMG]http://i302.photobucket.com/albums/nn87/Osakabop/snowbell1012-img449x600-1298295209imofbm53171.jpg[/IMG]
[IMG]http://i302.photobucket.com/albums/nn87/Osakabop/void0.jpg[/IMG]