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Pre-WWI, 1911 Colt, What's it worth?

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4.9K views 31 replies 12 participants last post by  stan2  
#1 · (Edited)
I just came across a pre-WWI 1911 manufactured by Colt in 1914. With the exception of a few spots on the hammer and thumb safety, all the finish is gone. All the parts are original. There is no rust or pitting. My guess is it is a commercial model that was purchased by the army. It is stamped US ARMY but I couldn't find any inspector marks.

Surprisingly, everything is pretty tight. Not custom 1911 tight but surprisingly tight for an old pistol, as tight or tighter than many new 1911s My guess is that it was carried a lot and shot very little.

There is absolutely no evidence that anyone fudged with this pistol.

Unfortunately, for several reasons, I could not take any photos.

My question is, with the sketchy info I've provided, assuming everything is legit, and this isn't some fantastic forgery, what would this pistol be worth? It is coming up for sale shortly and I'm tempted.

I'm a long-time, 50+ year, shooter and reloader. I know a lot about firearms and love doing research. But I'm not a "collector" and this is kinda' outside my comfort zone.

I'd appreciate some help.
 
#3 ·
My guess is it is a commercial model that was purchased by the army. It is stamped US ARMY but I couldn't find any inspector marks.
Why guess? How do you know it was made in 1914? What is the serial number? Is it a "No" or a "C"?
What are all the roll marks?

Even a commercial Government Model has company inspector marks, look at the left root of the trigger guard on tsv's gun for the VP triangle.

They are probably asking a stout price for it in the old Shotgun News style of "5% original finish in protected areas" and you need to know what you are getting into.
 
#5 ·
You asked what it might be worth. At auction, based on my involvement, a WW1 era U.S. 1911 .45 acp can sell for upwards of $2000.00 depending on it's overall condition. Can't say exactly, but based on your description I'd say that amount is a fair bet.
 
#7 ·
All good questions and suggestions. I will have more information shortly. Unfortunately when I did have a chance to look at and handle it I didn't have the chance to really look closely and take notes.
This pistol is coming up for auction along with a ton of other guns, reloading equipment & components and miscellaneous related items. The auction house will sell everything that has a bid and there are no minimums. Essentially, if a bid is placed it's sold, If the is no bid it goes back to the current owner.
This is not really my "cup of tea" since I am a shooter, not a collector. But if can pick it up for a very good price I will be tempted.
And yes, I realize that a 1914 1911 is not intended to be a "shooter".
 
#9 ·
I went to the auction house to help a friend drop off a load. He is ill, not going to recover, and giving up his shooting & reloading hobby. That was the load we were dropping off. I did not go with any intention of shopping for a gun to add to my modest collection.

824tsv's 1911 was obviously refinished, either that or almost never saw a range or holster. Stan2's has seen some use but is still in much better condition, cosmetically, than what I'm looking at.

In a week or so, when they post the catalog for the auction, I will post the photos of the 1911 along with more info.

As I said already, I'm a shooter and not a collector. So I'm doubtful the bid price will be low enough to really tempt me.

Have any of you actually fired your early 1911s? If I do acquire this pistol I will have to give it a little time on the range; after a thorough inspection, clean & lube, and new springs. I know, blasphemous, right?
 
#12 ·
Have any of you actually fired your early 1911s? If I do acquire this pistol I will have to give it a little time on the range; after a thorough inspection, clean & lube, and new springs. I know, blasphemous, right?
Yep, I have put about 500 rounds through my 1913 Colt 1911. Had a newer RemRand slide (as I got it from the CMP), but like you, I own guns to shoot not just look at.

However, most here definitely do not approve of this.
 
#20 · (Edited)
I did not have the time to disassemble it myself. But the older gent (retired from his own gun shop) who comes in when needed to disassemble, clean, inspect & catalog firearms for the auction house, was there and we talked for while. He said he was amazed that the pistol was all original and in such good mechanical condition. The finish is mostly gone but mechanically the pistol is tighter than many new 1911s; not a single "rattle". The serial # (86490) puts the date of manufacture as 1914 on Colt's website and between 1912 & 1913 on another website.

The auction house has been in operation for almost 100 years and has a good reputation.

I've been a fan of the 1911 since the early 70s, own a few and shoot & maintain them regularly. I'm not an expert in antique firearms but this 1911 appears to me to be the real deal.

UPDATE: The current bid is over $1500 and climbing. Interesting.
 
#25 ·
For anyone who may be interested, the firearms included in the auction were available for inspection today. The top bid on the 1914 vintage 1911 jumped to $2500. I'm told that tomorrow, the last day, is when the bidding gets fast & furious.
Never participated in an auction before. This is interesting and kinda' fun.
I did bid on some primers, power and bullets (3 items). I let myself be outbid on the primers and powder when it exceeded my "good deal" point. Still high bidder on the bullets. We'll see tomorrow.

This can become addictive, kinda' like gambling.
 
#26 ·
Yup, auctions can pull you in when you get caught by the FOMO (fear of missing out) bug. Always set a limit as to what you're willing to bid and hold yourself to it, otherwise you'll be the guy who ends up winning a Hi-Point for $800.
 
#27 ·
"Spending $800 for a Hi-Point"!! That's the kind of nightmare that wakes you up in the middle of the night in a cold sweat.

I did pretty much what you suggest. I determined what today's prices would be and then bid up to about 50% of that. Surprisingly I'm seeing others continue to bid up to, or even beyond, today's prices.
 
#28 ·
The bidding for that vintage 1911 topped out at just under $3,000.

Interesting to see what some of this stuff goes for. For example, a Dillon Square Deal B in 100% condition, with dies for 5 calibers sold for $225 when the current price is $585 with 1 caliber. Caliber conversion kits are $145 each. BTW, Dillon Square Deal B presses have been unavailable/out-of-stock for a long time.