Argentine 1911 Help

[Colorado Luckydog]

I'm thinking about buying an Argentine 1911 from my buddy. The bluing is in about 70 percent condition but it functions great. From what I can tell, it was made in 1955. It has the Argentine Crest on engraved on it which means it was military issue. It's my buddies gun and I want to give him a fair price for it. Can anyone tell me an approximate value for it?
The serial number is 861xx. Thanks for any help.

[Colorado Luckydog]

I should have added that it doesn't have the original grips. It has the Hogue rubber grips.

[spqrzilla]

Is it a 1911 or is it a Ballestra Molina?

[Colorado Luckydog]

Is it a 1911 or is it a Ballestra Molina?

Not a B Molina.

[spqrzilla]

Hmmm, well I'm not an expert in the topic but that does not match my recollection of when Argentina was issuing Colts - which I thought was pre WWII - versus Ballestra Molina's which was into the '50's.

[wax_job]

Going rates... (http://www.gunbroker.com/All/BI.aspx?Keywords=Argentine+1911)

[Wolfen]

Going rates... (http://www.gunbroker.com/All/BI.aspx?Keywords=Argentine+1911)

$400 for a ballester molina. Not bad pricing. With holster and all.

[10x]

With that level of finish, $400 is about right.

[rondog]

Sistema? http://www.google.com/search?tbm=isch&hl=en&source=hp&biw=1366&bih=556&q=sistema+pistol&gbv=2&oq=sistema+pi&aq=2S&aqi=g1g-S3g-sS1g-S5&aql=1&gs_l=img.1.2.0j0i24l3j0i10i24j0i24l5.1389.6927.0.9 485.10.10.0.0.0.0.124.591.9j1.10.0.cish.1.0.0.4Z_v rZujqLI