Fair market value CMP M1911???

[Skip]

Of course, there used to be a lifetime limit of 1 Garand per person too ... and that went by the wayside so there's always a possibility the limit will be raised in the future.

What kind of a jackwagon needs more than one M1911?

[Aloha_Shooter]

What kind of a jackwagon needs more than one M1911?

Me.

[wctriumph]

Me too, one for each hand and one for each family member.

[Bailey Guns]

Update from CMP: They received about 19000 packets...I thought it would've been a lot more. They're assigned the random numbers that have been generated to the packets. They're saying it may take 30-60 days to notify the "winners".

1911 UPDATE - NOVEMBER 6TH

Our Random Number Generator (RNG) has selected random numbers for all the packets received. We are working on assigning those random numbers to the 19,000 packets we have received. This will take some time - PLEASE BE PATIENT! It may take 30-60 days to inform you of your random number. Please DO NOT CONTACT US ASKING WHAT YOUR NUMBER IS.

As we process orders, we will call customers as we work through the list.

**If your information has changed (you have moved or your FFL has gone out of business), please DO NOT CONTACT US. You may update us when your number is selected and we contact you.

[Skip]

Update from CMP: They received about 19000 packets...I thought it would've been a lot more. They're assigned the random numbers that have been generated to the packets. They're saying it may take 30-60 days to notify the "winners".

8:19, slightly worse than 50/50, but still good odds.

Can't wait to see what hits the auction site. That will be a good indication of top condition guns from the lot.

[def90]

From what I can tell based on what they have posted about the 1911s so far is that you only put a packet in once. Each year they get an allotment of 1911s. All the packets basically get put in line and if you don't get in this years cutoff you are automatically in next years draw in the order that you are in now. So if I have read everything that they have posted correctly if you don't get one this year you will pretty much get one next year. You are only allowed 1 1911 until a point in time that all of the people that have submitted a packet have received one so there will not be anyone buying up a bunch and reselling them online.

I think the prices are good, where else can you get a Gov issued 1911 at those prices that hasn't been dicked with by a dozen previous owners? As well as based on their grading of their M1s I think the service grade 1911s will likely be in pretty nice shape. I'm in for a service grade, the only issue is what to do if I get drawn late in the round and there is nothing left but rack grades?

From the CMP:
"The Random Number Generator will provide a list of names in sequential order through the random picking process. Customers will be contacted in the sequence provided by the Random Number Generator. The CMP 1911 customers will select their grade of pistol (Service, Field or Rack) from available inventory at the time of order notification. Customers with higher numbers may have fewer grades from which to choose. When this year?s allotment of 1911s is exhausted, the remaining orders will be held in the existing sequence for all future allotments of 1911s. The CMP does not know what future allotments might be."

^^ Basically, if you are not drawn this year you will pretty much get one next year.

[def90]

Here is a good article from American Rifleman:

https://www.americanrifleman.org/art...-inside-story/

A small number of them came from the Army Museum System and it is stated that most of these will be the auction 1911s. Most of them have the original factory finish.

The Museum 1911s:



The rest/majority of them came from the Defense Logistics Agency warehouse, went through ANAD between 1978 and 1982 and have been stored ever since.

Boxed up ANAD rebuild 1911s:



This is an example of a service grade 1911.. Ithaca produced in 1945 and went through an ANAD rebuild in 1978










This will be one of the auction 1911 that came from the museum warehouse, it is a Remington/UMC.

[Bailey Guns]

8:19, slightly worse than 50/50, but still good odds.

That's what I thought...a little better than 4 in 10 chance.

I really thought there would be 100s of thousands of applicants. At least 2 or 3 hundred thousand. I'm pleasantly surprised. I bet if the guns turn out to be in better shape than what a lot of people are saying (and I personally think they will be) the naysayers will start to turn in their packets.

[Bailey Guns]

Here is a good article from American Rifleman:

I read that. Good info in that article.

[def90]

Thinking about the article above and that if the majority of the 1911s came from the depot and they have all been stored since refurb they should all generally be service grade I would think.

As far as how many 1911s there are the legislation that opened these up says that the army must release no less than 8000 and no more than 10000 each year until the reserves are used up.