Value of Colt 1911

[Skidsteer1]

Some years ago I purchased a first year production 1912 Colt 1911 117XX. it is 90%. According to my 2014 S P Fjestad Blue Book of gun values it rates $6000 in prospective value. I have Clawson's book and have gone through it in close detail with this pistol. I am happy to report it is all original. Me not knowing what the market bears today, I am wondering what it might bring IF I were to sell it. I welcome any and all insight. Thanks.

 

[NIGHTLORD40K]

No pictures????? Thats just cruel!

 

[Skidsteer1]

OK, where on this site can I learn how to download from my Iphone? Thanks

 

[243winxb]

Sold at auction for $3300. Condition is everything. View attachment 1029221 https://www.horstauction.com/gun-auctions/featured-guns/colt-1911-us-army/

 

[Nature Boy]

At the bottom of the reply box there’s a “upload a file” button.

Hit that button then select the picture you want to upload from your picture library

 

[Skidsteer1]

 

[Nature Boy]

View attachment 1029373

I can’t help you with value but I will say that I’m jealous

 

[NIGHTLORD40K]

Gorgeous!

 

[Howland937]

While the Blue Book is the standard when it comes to valuation, guns regularly sell at prices that in no way reflect "book value". Some sell significantly lower because of weird things, like there's suddenly an abundance in the market. Some fetch quite a bit more. Things like panic buying, or overpaying because it's something a person wants, even if it's priced higher than the condition should dictate.

Since your book is obsolete by about 8 years, I'd consider investing the $40 in a new one. If you decided to sell, it would be a shame to let an $8k Colt go for $6k...but when you're talking that kind of money though, you'd need a better (in person, qualified) appraisal than you'll get here.

Feel free to post more pics though. We never get tired of seeing beautiful guns...and gun envy isn't really a sin.

 

[Jim Watson]

I think the Blue Book is only useful for setting up a trade, Cash numbers had just as well be in Slobbovian rasbuckniks.

The 1911 board has collectors willing to guess resale values.

 

[Skidsteer1]

These are two Union Switch and Signals I have. The darker one was my Dad's from WWII. It is a long story but I had to have it restored by Doug Turnbull in NY. The other has the original finish. Just thought you all might like to see them. Thanks

 

[Skidsteer1]

Full image.

 

[Skidsteer1]

Full image of 1912 Colt 1911.

 

[Skidsteer1]

While the Blue Book is the standard when it comes to valuation, guns regularly sell at prices that in no way reflect "book value". Some sell significantly lower because of weird things, like there's suddenly an abundance in the market. Some fetch quite a bit more. Things like panic buying, or overpaying because it's something a person wants, even if it's priced higher than the condition should dictate.

Since your book is obsolete by about 8 years, I'd consider investing the $40 in a new one. If you decided to sell, it would be a shame to let an $8k Colt go for $6k...but when you're talking that kind of money though, you'd need a better (in person, qualified) appraisal than you'll get here.

Feel free to post more pics though. We never get tired of seeing beautiful guns...and gun envy isn't really a sin.

Thanks Howland,, I appreciate it.

 

[NIGHTLORD40K]

Hubba hubba!
I just have a lowly '67 Muese-Argonne Commemorative.

Almost bought a 2-digit Remington-Rand frame a few years ago, though it had been rebuilt into an A1 mixmaster at some point. The seller was asking a pretty reasonable $2K.