Re: 12 1/4?
12-1/4 is very likely the diameter of the prop -- not the pitch (which would be a very rare measurement since fractional pitches are indeed rare). You can verify that using a trusty device called a ruler. Measure from the tip of a blade to the exact center of the prop shaft and multiply by 2 if the prop is a three blade. If it's a four blade, measure across two opposite blade tips. When buying props, look at those for your engine make, year, and HP. Diameter will then take care of itself. You only need to be concerned with pitch.