Fair market value CMP M1911???

[wctriumph]

My service grade M1 Carbine I got in the recent CMP sale was way better than the service grade description. I have purchased other surplus items from the CMP and have been completely happy with the overall condition, better than a grade one surplus item I ordered from MidwayUSA.

The only problem I see will be if I get a service grade and it dates to WWI, I'll have to start looking for WWI rifles too. That will really start getting expensive.

[Del_Gue]

When they were selling the M1 carbines a few years ago (mid-2000’s), I got 1 from each manufacturer (except IP and CC). They are all worth much more than what I paid for them, and they won’t be selling any more of them (except thru the auction). I got a collection of CMP 1903’s, 03-A3s and an M1917, and they are all out of those, too. I scraped hard to find the money to buy these when they were available, and I’m very glad I did.

[Aloha_Shooter]

The problem is that until now, "US Government Property"-marked 1911s have been scarce enough that the prices listed are on the generous (to buyer) side of fair market value, even knowing these will be mixmasters. At 1000/yr max release (800 for this first year), that's still FMV. I paid $600 17 years ago for a USGI Remington Rand but it had been refinished by the idiot prior owner so lost most of its value as a collector.

[bryjcom]

The problem is that until now, "US Government Property"-marked 1911s have been scarce enough that the prices listed are on the generous (to buyer) side of fair market value, even knowing these will be mixmasters. At 1000/yr max release (800 for this first year), that's still FMV. I paid $600 17 years ago for a USGI Remington Rand but it had been refinished by the idiot prior owner so lost most of its value as a collector.

I had heard they're letting 10K a year go.

They're getting something like 75,000 of them total.

[DenverGP]

I had heard they're letting 10K a year go.

They're getting something like 75,000 of them total.

Yeah, his numbers are off.... it's 8k this year, and up to 10k a year after this.

While the National Defense Authorization Act granted transfer of a maximum of 10,000 1911s per year to the CMP, the Secretary of the Army allowed only 8,000 1911s to be transferred to the CMP for sale and distribution this fiscal year.

[Ah Pook]

For the historical significance, I’d say they are cheap.

I might pick one up down the road.

[Scanker19]

The price of Garlands and Carbines hasn’t dropped in fact it’s the opposite. I’d imagine the will happen to the 1911s as well

[Bailey Guns]

I sent my order packet in today. Oct 4 is the deadline...your order must be postmarked by then if you want a chance to get one of these from the first group released.

[Skip]

I sent my order packet in today. Oct 4 is the deadline...your order must be postmarked by then if you want a chance to get one of these from the first group released.

Fingers crossed for you Bailey!!! Keep us updated.

I've decided to sit this one out. The M1 Carbine lottery was disappointing and I found a M1911A1 in collectable condition and bought it.

I am very curious to see what people get though. Either way, these guns are going to have some history on them, some maybe three wars!

[Bailey Guns]

I figured my chances are slim and none. But I've had very good luck with CMP Garands. I'm hoping if hell freezes over and my number gets picked I'll get a nice one. Who knows?