Fair market value CMP M1911???

[DocMedic]

My ass....

CMP 1911 PRICING:
CMP has priced the 1911 type pistols at fair market value in accordance with CMP's enabling legislation.

Service Grade $1050. Pistol may exhibit minor pitting and wear on exterior surfaces and friction surfaces. Grips are complete with no cracks. Pistol is in issuable condition.

Field Grade $950. Pistol may exhibit minor rust, pitting, and wear on exterior surfaces and friction surfaces. Grips are complete with no cracks. Pistol is in issuable condition.

Rack Grade $850. Pistol will exhibit rust, pitting, and wear on exterior surfaces and friction surfaces. Grips may be incomplete and exhibit cracks. Pistol requires minor work to return to issuable condition.

Auction Grade (Sales will to be determined by auctioning the pistol). The condition of the auction pistol will be described when posted for auction. Note: If you have already purchased a 1911 from CMP you will not be allowed to purchase an auction 1911. If you purchase an auction 1911, your name will be pulled from the sequenced list. No repeat purchasers are allowed until all orders received have been filled.

[Little Dutch]

I would like one, and have considered a purchase even at those prices. The Two (2) required background checks is irritating, and almost enough to put me off. Add to that the mail-order only mandate, and the random number generator to decide who gets one, and I think I'm out.

https://taskandpurpose.com/m1911-pistols-cmp-sale-details/

[CHA-LEE]

I wonder how much tax payer money they are wasting trying to "sell" those guns.

[CHA-LEE]

Why would people pay a premium for these beat up 1911's? Nostalgia?

[hurley842002]

Nostalgia?

Only reason I can think of. My buddy just sent me the link for these, he's planning on getting a "field grade", I'll pass.

[Bailey Guns]

Where are you guys buying USGI 1911s for prices less than what the CMP is planning to charge? And how do you figure tax-payer money is being wasted by selling them?

Every CMP gun I've ever seen has been better than the standard description from the CMP for any specific grade.

I'm trying to figure out why all the hate for the CMP over these guns? Maybe I'm missing something.

[rondog]

Where are you guys buying USGI 1911s for prices less than what the CMP is planning to charge? And how do you figure tax-payer money is being wasted by selling them?

Every CMP gun I've ever seen has been better than the standard description from the CMP for any specific grade.

I'm trying to figure out why all the hate for the CMP over these guns? Maybe I'm missing something.

People think they should be dirt cheap because they're old. Try buying one in a gun shop or from a private seller for less than CMP prices.

[Wolfshoon]

Would you have rather had them cut up and melted down? That is what the previous administration wanted to happen. I don't see this as a waste of taxpayer money at all, in fact I see it as one of the better uses of my taxes. Wish there were more programs like this and less "entitlement programs".

Many CMP buyers are collectors looking for pieces with history, verifiable or not.

Plus, if history is any indicator, CMP guns are usually a good buy. I regret not getting in on either the Kimber .22 sales or the Remington 40x sales of the training rifles, stupid cheap compared to what they go for today.

With that said, I'd rather buy a new Dan Wesson 1911 instead of this deal as they seem a tad overpriced.

[hurley842002]

For the record, I have no issue with the CMP or even the prices they set on these 1911's, I'm just not interested in paying them.

[hatidua]

Anyone buying one of these had best be in the mindset of buying history.