C185XXX was made in 1937.
If the slide is original this would be a first model National Match target pistol.
The "60" is an inspectors stamp. There should also be a tiny "VP" in a triangle on the left side of the trigger guard, usually on the rear web of the guard.
This is Colt's "Verified proof" stamp.
Value depends on how much original finish is left and the actual condition.
Also, that it's in the original configuration it left Colt in, (Grips, etc).
Colt only made 4,813 National Match pistol pre-war.
3,339 had fixed sights, 1,474 had adjustable sights.
These per-War NM Colt's have significant value.
Values can range from $2,000 for a fixed sight model in 60% condition to over $10,000 for a 98% adjustable sight version.
You have to watch out for fixed sight guns that have been converted to adjustable sights.
You can get a Colt Archive letter from Colt for $100. The letter will tell you what configuration the gun was in when it left Colt, and who it was shipped to, among other info.