CMP speculates 1911 rack grade $1000, others higher

[Tere_Hanges]

Collectors will be all over these and the CMP will have no problem selling them at $1k. I think people forget that these are collectibles when they look at the price tag.

If you want a shooter, go buy some import 1911 for $400 bucks and be done with it.

The "collecters" are welcome to them. I want to be able to shoot my guns. Thats why the Garands are a fair deal. I cant say the same for these 1911s at that price.

[hollowpoint67]

I might get crucified for saying this but I am somewhat glad they put it at the $1k threshold. If they were in the $6-800 range you'd have some jack off buying 10 of them to resell for 2-3x the price on here and or at gun shows with the usual buzzwords; REAL, MILSPEC, SURPLUS, USGI WW2, KOREA, VIETNAM, PIECE OF HISTORY IT CAN BE YOURS FOR $3,000.

[DSB]

Is it just me, or does it seem premature to be critical of what they are guessing the prices might be.

When and if CMP starts selling the surplus 1911s, I'll buy one if they are priced fairly, and I'll pass if they're too expensive.

[Eljay]

The thing is that usually the CMP usually prices things pretty reasonably for the worst gun in the grade, and then if you get a mid or high grade gun you get a deal. And it just surprises me that a barely-rack grade (i.e. just above junk since that's the lowest grade) would be that much. And even if that really is the current market price if all goes well they'll be dumping 10K/year of these things on the market for years. I don't know many USGI 1911s are currently in private hand but it seems like there must be some downward price pressure.

But, hey, I'm no expert.

[Eljay]

Is it just me, or does it seem premature to be critical of what they are guessing the prices might be.

When and if CMP starts selling the surplus 1911s, I'll buy one if they are priced fairly, and I'll pass if they're too expensive.

Did you see that the CMP made a public statement on pricing? It's all fair game at that point.

[DSB]

The thing is that usually the CMP usually prices things pretty reasonably for the worst gun in the grade, and then if you get a mid or high grade gun you get a deal. And it just surprises me that a barely-rack grade (i.e. just above junk since that's the lowest grade) would be that much. And even if that really is the current market price if all goes well they'll be dumping 10K/year of these things on the market for years.

But, hey, I'm no expert.

I agree with everything you said. I'm happy to wait and see what the prices are. I hope they're better than they say in the article. Right now I'm just happy that the legislation passed that enables to process to start. Talk about ridiculous bureaucracy -- they law requires the Secretary of the Army to approve the sale, but there is no current secretary of Army.

[steel30]

I would love to get one but they will go FAST...

[Nevada Hudson]

Obama will not let the Army release them.

[smle-man]

Anyone know if the 1911 was part of the Military Assistance Program?

Are there any out on loan to any foreign countries, ala the Garand was?

Yes, they ended up all around the world including in the hands of UNITA in Angola during the wars there along with M79 launchers. I had a chart once upon a time that was current as of the late 80s that showed MAP transfers of U.S. small arms by type and model around the globe post WW2. Some pretty strange places received small arms from us including Yugoslavia.

[JohnnyMtn]

I'll be in for sure. Hopefully several times. I've wanted a 1911 for years but have never bought one. My first 1911 coming from the CMP just seems like the right thing to do.

[rdfact]

Obama will not let the Army release them.

Obama will be long gone by the time CMP starts to sell these (if they ever get to that point). Just hope we don't get another Democrap in the White House.

[Tere_Hanges]

I have a feeling the CMP prices will push up the prices in the private market. As with M1 rifles, CMP acts like a benchmark for private sales. So if the poorest condition lowest grade 1911 is now worth a minimum of $1000, that means that decent ones equivalent to service grade that you can currently find for $1000-$1500 in the private market are greatly under priced. They should be starting at $2000 and up.

If I had a grand to blow on a C&R pistol it would be a Luger not a 1911.

[Garandimal]

This^^^^^^^^

What were you cheapskates expecting???? Go out on the open market and buy one. Prices start at a grand and go way up from there. I haven't bought a decent collector 1911 or 1911-A1 for less than a thousand dollars in the last year or two.

Well...

Seein' as how they are Our Pistols to start w/...?

Around Half bluebook.

Based on the M1 Garand structure, was expecting $350/$450/$650.


They've got all of my money they're ever goin' ta get.


First the Talladaga Country-club... and now this.

Fantastically Ridiculous.




GR

[Cypriss32]

Based on the M1 Garand structure, was expecting $350/$450/$650.



Fantastically Ridiculous.

You seriously think your going to get anything for that price? Keep dreaming.

[mosinnagantm9130]

You seriously think your going to get anything for that price? Keep dreaming.

No, he's saying that was CMPs price structure for M1s for quite some time, so rack grades starting at $1k is probably not what people expect.