Please keep in mind that Colt has been going out of business or going bankrupt practically sense the first day Sam Colt opened the place
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That is a heck of a deal on a 1991. If I didn't just buy a new Series 70, I might have picked that one up. Someone here probably already has
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A few weeks ago I paid $880 for my new Mk IV Series 70 "reproduction." It needs a little tweaking though. The trigger is so-so (typical of most 1911s in this price range, including Colt), but that's easy enough to remedy. And the ejector needs a little attention as it tosses brass back over my head. Its improving with break-in, though in the first 15 rounds out of the box (I did clean it of course) I had 3 cases ding me in my right side safety glass lense
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No worries, it did run perfectly and feels great to shoot. It looks really nice too
. God help me, I'm a sucker for bluing and wood stocks!
I really like the new barrel ramp design Colt is using, well, I'm not sure how new it really is. The Series 70 repros use it, and I'm assuming other Colt 1911s do as well. More info here:
http://www.m1911.org/prodte26.htm
"There is another internal change in the new pistols, and it's definitely a welcome one. The barrel ramp/chamber entry throat is a new style designed to allow reliable feeding of all bullet shapes, yet at the same time not allow an excessive amount of case brass to be left unsupported. It looks like two ramps in one, first a large sweeping ramp then a much smaller "dimple" right at the 6 O'clock position. The new setup works perfectly in ensuring reliability, yet is much safer than the older and more common method of creating a huge, sweeping entry throat that would often leave unsupported brass at the bottom. Many new Colt owners unaware of this new setup have incorrectly assumed that their new pistol isn't "throated for hollowpoints", and have sent their guns off to a gunsmith for a "reliability package". Trust me, the new setup works much better than the old one. I don't know if Colt has patented it, but if not I think the other 1911 makers should follow Colt's lead."
I'll have to get a picture of the feed ramp in my Series 70 reproduction sometime. For now though, enjoy ...