2021 CMP 1911 Pistol Sales Starting
By now you have probably heard the exciting news that CMP is accepting orders for the second time on a shipment of 1911 pistols early 2021. M1911 and M1911A1s contain a significant amount of military history and are considered some of the most popular handguns around.
After the first round of CMP shipments there was controversy over the pricing. Many people believed the prices were far too high and others were confident that the history and significance were well worth the cost. CMP will begin accepting orders on January 4th and with the date is finally here Rock Island Auction Company decided it would be the perfect time to evaluate pricing trends for M1911s. With the correct data on hand and analyzing trends over the past few years you can determine what a fair price is on one of these favored pistols.
U.S. Military Items Continue to be popular in the collecting world and Model 1911s definitely hold a special place in martial collector’s hearts. For many they encompass a sort of nostalgia from their prominent role in war history. The dependable pistols were part of numerous government contracts are were the trusted sidearm for members of the military spanning from 1911 to the transitional models that began in 1920, and finally coming to an end in 1985. Demand for these prevalent pistols continues to grow, so let’s examine how it affects the price of M1911s in today’s market.
1911 Gun Prices and Trends
The sale prices of M1911s were recorded, compiled, and analyzed in order to help collectors and firearms enthusiast determine if they are getting a good deal on their 1911. Before we dive into the numbers here is how the data was prepared
- All extremely rare and desirable M1911s and their results were not included in this list in order to avoid skewed results. This included the exclusion of manufacturers such as Singer, North American Arms, and transitional models.
- To make the information most relevant to collectors, all 1911s included must have had a condition grade of “very good” or higher (7+ on a scale of 1-13, pictured below).
3. Sample sizes of 40-50 lots were chosen for each data set.
4. Multi gun lots were excluded since the price could not be credited to a single gun.
5. All prices include a 15% buyer’s premium to show the actual cost to own the 1911.
6. Commemorative pistols were also excluded from the data sets.
The pistols analyzed came from the manufacturers Colt, Remington-UMC, Remington Rand, and Springfield Armory because they were manufacturing at higher numbers than those by other makers. We only looked at the sale prices from past Premier Auctions and single gun lots in order to focus on condition ranges most desirable to collectors. Below is what we found regarding M1911 prices at auction going back about six years.
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