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I have a friend trying to sell me a 1970s version Colt 1911

 
Philip Van Cleave's Avatar
  • Answered by:Philip Van Cleave
  • Firearms Instructor
  • Positive Feedback: 99.4 %
  • Accepted Answers: 1958
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Customer Question

I have a friend trying to sell me a 1970's version Colt 1911 .45. It is used but looks very good. I am not knowedgalbe on how much one of these are worth, could you give me a price range idea Please?

 



Already Tried:
This is my first site , was searching the net for a value

Submitted: 421 days and 1 hours ago.
Category: Firearms
Value: $30
Status: CLOSED
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Expert:  Philip Van Cleave replied 421 days and 1 hours ago.

Thank you for using Just Answer!

Do you know the serial number for that gun? Is the manufacturer Colt?

Philip

Customer replied 421 days and 1 hours ago.

Gov model 22461G70, I think it's a G or a 6

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Expert:  Philip Van Cleave replied 421 days ago.

That gun was made in 1977.

It is a Colt Government Model Mark IV / Series 70, which is chambered in .45 ACP, .38 Super, 9mm Para., or 9mm Steyr cal., with a 5 in. barrel, and checkered walnut grips/medallion. Series 70 models were serial numbered with "SM" prefixes (approx. 3,000 mfg.), "70G" prefixes 1970-76, "70L" and "70S" prefixes also (see Serialization section for more information), "G70" suffixes 1976-80, "B70" suffixes 1979-81, and "70B" prefixes 1981-83. They were made from 1970-83.

Blue Book values (what a dealer would offer you, add around 20% for retail values):

Blue finish

Excellent: $600-$1,000
Very Good: $450-$500
Good: $375-$400

Nickel finish

Excellent: $800-$1,250
Very Good: $450-$675
Good: $375-$400

NOTES FOR BOTH BLUED AND NICKEL: Add 10% if in NIB condition, 20% for NIB with early two-piece box. Add 10% for .38 Super, 9mm Para., or 9mm Steyr cal. if in 100% condition. Add 10% for satin nickel. 9mm Steyr was made for export to Europe only. However, a few specimens have found their way into the United States. Prices for NIB specimens are in the $1,000 range.

I hope this helps. If you are satisfied with my answer, please click the "accept" button. Thanks!

PhilipPhilip Van Cleave40949.1668298264

Customer replied 421 days ago.

Is this a good reliable gun?

Accepted Answer

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Expert:  Philip Van Cleave replied 421 days ago.

Yes.

I have not heard of any reliability issues with Model 70s.

Expert TypeFirearms Instructor
Category: Firearms
Pos. Feedback: 99.4 %
Accepts: 1958
Answered: 2/10/2012

Experience: Firearms instructor, 40 years experience with firearms.

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