I have a buddy who has a 1911 that he's looking for the value of. he's been getting offers but feels that he's being low balled. What is this gun worth to a collector. From the research i've done all i can tell is i think it was manufactured around 1915. Any opinions would be appreciated.
Dear Sniffer (?)
According to my references, this Colt's 1911 Commercial Version was serialized in 1914 - so your guess was very close.
Your pictures don't show the whole gun, so value is difficult to estimate. We can't see various parts to determine originality and we can't get a sense for the overall condition. I do see some interesting wear at the rear of the slide.
My suggestion is to post a few more pictures and let Kerry take a look at it.
Meanwhile, tell your friend not to let it go cheaply - unless he wants to sell it to me!
This is the only picture I was shown of the complete gun. I currently do not have a picture of the other side (full gun, everything is zoomed into the markings). I can ask the guy if he can get a pic of the other side when I see him at work tomorrow.
This guys main concern is he doesn't want to get ripped off (who does ). Considering it was a hand-me-down and he knows very little about guns other than how to shoot/handle them, I told him I'd look into it for him.
Thanks. I'm sure Kerry will weigh in on this soon.
The grips appear to me to be original, or at least period (meaning they are correct for the era the gun was made in).
First, let me say that I am not an expert on 1911's. I do know some things, but don't take my advice as gospel - do your own research (thanks Jack for the vote of confidence - jeez, I hope I don't start getting a reputation that I have to live up to around here )
Your friend's pistol looks correct. The slide was mfg'd between 1914 and 1922, so it fits the receiver (mfg'd in 1914 as Jack stated), and all the small parts and grips look good.
I actually looked at this post this morning, and the markings above and below the rampant colt on the slide and receiver are unfamiliar to me. I posted your pic on another site to see if anyone else knows what they are, but I haven't heard anything yet. I have no idea if they affect the value one way or another, but I will let you know if I find out.
Assuming the gun is correct and original (which it looks like it is to me) your friend has a valuable pistol here. There are not many of the old oil finished Colts in that good of condition.
If it was a little later era and had the dull finish used on most of the old government models, I would estimate its value at around $2500 to a collector (or maybe 50% - 70% that to a dealer).
I honestly don't know what the older oil finish and early serial number does to the value, but I believe it would add significantly to it. If your friend has the time (and the coin) I would highly recommend he have it professionally appraised.
There is a gentleman I know of that offers this appraisal service, as well as a consignment service, for collectible 1911's. I have no idea what he charges for his service, but I'm sure he will be able to shed considerably more light on the value of this pistol than I can. Here is a link to his website:
Good luck and let me know what you find out - I would appreciate the follow up for my own knowledge.
Are the markings in question a V with a crown above it (turned sideways)? If so, they are British proof marks from the house of London. Are there marks on the barrel?
I've talked to the owner of the gun, he said he'll go home tonight and take some better pictures of the markings and he'll break it down and take pictures of the internal components. Soon as he gets the pictures to me i'll post them.
Quick update... I gave the web address http://www.m1911info.com/ to the guns owner today. He called Scott during lunch and talked with him about what he has. Scott had recommended that he send him the gun and have him appraise it.
So, long story short. He will be mailing it to him to apraise and I believe sell it for him.
Also with not seeing pictures and just talking over the phone, scott gave it a rough estimate of $4000 depending on condition and originality.
Any infomation and final estimate value I find out I will be sure to post it.
Kerry, Thanks a bunch for the link to Scotts web site, very much appreciated.
Good for your friend!
Good deal! I hope everything works out well for your friend and I appreciate the update.... keep me posted.
The colt u have with the serial # from 6501-7500 was made in 1912. There where only 1000 made in that run by colt and was sent to the us navy
Guest- you are responding to a post that is over two years old. I doubt that the original poster is still around.
And incorrect info to boot.
And incorrect info to boot.