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Inherited Colt 45

Discussion in 'The Ask the Pros & What's It Worth? Forum' started by trailguy, Apr 1, 2009.

  1. trailguy

    trailguy New Member

    Joined:
    Feb 11, 2009
    Messages:
    16
    Could some one tell the fair price for this gun? I need to sell it, but not give it away. It has no visible damage.
    It has on it: M1911A1 720619 US ARMY COLT P.T F.A.MFG. CO
    HARTFORT, CT, USA and two sets of patent dates (April 20, 1897, sept 9, 1902) (Dec 19, 1905, Aug 19, 1913.
    Thanks for any advice
     

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  2. gdmoody

    gdmoody Moderator Supporting Member

    Joined:
    Sep 7, 2007
    Messages:
    27,543
    Location:
    Athens, Georgia
    Trailguy, this is another very nice pistol you have.

    It was manufactured in 1940 (according the the Blue Book of Gun Values) this is what the Blue Book has to say about this one:

    98% - $3200
    95% - $2700
    90% - $2200
    80% - $2000
    70% - $1600
    60% - $1000

    This one looks to be somewhere between the 80-90% range. Just my opinion from what I see in the photos.

    I would try to take both the Luger and the Colt to a gun show, where there is usually a collector or two there and see what you could get for them. They are both beautiful guns and I wish I could afford to make you an offer on them!!
     
    Last edited: Apr 1, 2009

  3. kingcuke

    kingcuke Member

    Joined:
    Mar 22, 2009
    Messages:
    174
    Location:
    Cucumber Island
    Trailguy, bummer that you have to sell two such nice pistols. Hold out for what they're worth if you can. Depending on where you are you might want to look into an auction with a reserve to make sure you get a decent price. Rock Island Auction Co. is having a high dollar collectible firearm auction 4/25 - 4/27. This auction is advertised in the last American Rifleman magazine. You might be able to consign them to the auction and get a premium price. Here's a link http://www.rockislandauction.com/auction.aspx?aid=46 Good Luck