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Bill
Bill, Gunsmith
Category: Firearms
Satisfied Customers: 2247
Experience:  40 yrs. experience as master machinist/tool and die maker and gunsmith. I own and operate a tool and die shop and custom gunsmithing/gunmaking shop.
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what is the value of my colt mk/iv series 70 government model

Resolved Question:

what is the value of my colt mk/iv series '70 government model 9mm luger, in very good condition ( 90 or better)
Submitted: 5 years ago.
Category: Firearms
Expert:  Bill replied 5 years ago.
Hi, my name isXXXXX would be glad to help you any way that I can by answering your question to the best of my ability.
The Colt MKIV Series 70 Government Model - This model is essentially a newer version of the 1911A1. It has the prefix "70G" from 1970-1976, "G70" from 1976-1980, and "70B" from 1980-1983, when production ceased. This model is offered in blue or nickel plate and has checkered walnut grips with the Colt medallion. It is chambered for .45 ACP, .38 Super, 9mm, and 9mm Steyr.
NIB: $950, Exc.: $775, Vgood: $600
This info was taken from the 2011 Standard Catalog of Firearms.
Customer: replied 5 years ago.
what's the difference between excellent and very good condition?
Expert:  Bill replied 5 years ago.
NRA MODERN CONDITION DESCRIPTIONS
New - not previously sold at retail, in same condition as current factory production.
Perfect - in new condition in every respect, may have previously been sold at retail.
Excellent - near new condition, used but little, no noticeable marring of wood or metal, bluing
near perfect (except at muzzle or sharp edges).
Very Good - in perfect working condition, no appreciable wear on working surfaces, no corrosion or pitting, only minor surface dents or scratches.
Good - in safe working condition, minor wear on working surfaces, no broken parts, no corrosion or pitting that will interfere with proper functioning.
Fair - in safe working condition, but well worn, perhaps requiring replacement of minor parts
or adjustments which should be indicated in advertisement, no rust, but may have corrosion
pits which do not render article unsafe or inoperable.

PHOTO PERCENTAGE GRADING SYSTEM CONVERSION GUIDELINES
New/Perfect - 100% condition with or without box. 100% on currently manufactured firearms
assumes NIB (New In Box) condition and not sold previously at retail.
Mint – typically 98%-99% condition, depending on the age of the firearm. Probably sold previously at
retail, and may have been shot occasionally.
Excellent - 95%+ - 98% condition (typically).
Very Good - 80% - 95% condition (all parts/finish should be original).
Good - 60% - 80% condition (all parts/finish should be original).
Fair - 20% - 60% condition (all parts/finish may or may not be original, but must function properly
and shoot).
Poor - under 20% condition (shooting not a factor).
Customer: replied 5 years ago.
a guy wants to trade me for his new-in box Glock 9mm - i don't know the model # XXXXX is that a fair trade?
Expert:  Bill replied 5 years ago.
Glock 17 NIB: $520
Glock 19 NIB: $525

Thanks,
Bill
Customer: replied 5 years ago.

Thank you.

what is the value of a very good or excellent Glock, in case it's not NIB?

Expert:  Bill replied 5 years ago.
Glock 17: Exc.: $425, Vgood: $325

Glock 19: Exc.: $475, Vgood: $350
Bill and other Firearms Specialists are ready to help you

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