It's the former White's entry level machine. They've had the replacement Prizm 2 for about 3 years now.
White's always built a lasting machine and is a good bet to start with. I think you have a fine beginning machine.
Recently, people have been jumping on the Garrett 250 machine for a little over $200 because it has ID screen and pinpointing (both good features).
However, a few years back, when I was a White's dealer, I tried to get people on a limited budget to try the non-ID machines and learn the sounds of different items. While, the ID is a nice item, it isn't as necessary as having the sound. I think people forget that.
Either way, if your interest grows after finding some good stuff, you'll probably be wanting a new machine in a little while. If you can afford to don't trade this one iin, but hang on to it so you can take your kids, grandkids, friends, wife or preacher with you. Everyone likes to get involved once they see you finding stuff.
Good luck and good hunting.
Burt