not for sale, but wanting to know its value....

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Nice pistol, but first look is that it seems to be refinished and needs some original grips.
No question about it.
That "idiot mark" makes my eyes water......
I would be inclined to have the original finish restored, by someone who knew what they were doing. What was the original finish, a dull oxide? (This would also remove the "idiot mark.")

This situation is analogous to the many early flintlock muskets that were converted to percussion, and then reconverted back to flint when they became collectors' items.
 
That's still an original 1911 Military model, even with 70s-80s Colt medallion stocks and being blues over the original black finish.
Replacement value probably in the $2200-2500 range.
Pawn value about $400, maybe; might get a grand on consignment.
Pick a value for insurance purposes and go with that.

I'd go find a set of walnut "double diamond" grips for it; a set of Herrets will be $40 plus s&h. Save the Colt grips, they are slightly historical.
 
No question about it.

I would be inclined to have the original finish restored, by someone who knew what they were doing. What was the original finish, a dull oxide? (This would also remove the "idiot mark.")

This situation is analogous to the many early flintlock muskets that were converted to percussion, and then reconverted back to flint when they became collectors' items.
No, it was about that color, but not as shiny. I agree on the worth, $1000. A nice shooter or placeholder in a collection until an original unrefinished one can be had.
It reminds me of the one 1918 Colt manufactured M1911 I had in my Arms Room. The other 7 were WWII manufacture (mostly Remington Rands) A1's.
 
I would buy that, put some grippy grips on it and shoot the hell out of it, lol
 
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