We’ve got good news and bad news for all of you historical collectors and Government 1911 fans.
The good news: The Civilian Marksmanship Program will begin selling surplused out Colt 1911s and 1911A1s soon, as soon as a Secretary of the Army is appointed and approves release of the guns to the CMP.
The bad news: The price starts at $1000 and only up to 10,000 per year will be sold, down sharply from the 100,000 per year that have been authorized by Congress.
From All Outdoor:
The Civilian Marksmanship Program had a booth at the 2016 SHOT Show Industry Day at the Range. I spoke with CMP Chief Operating Officer Mark Johnson about the 1911 pistols the CMP is expected to receive from the U.S. Army for civilian sales.
…Johnson said:They have no idea on the condition of the pistols in inventory. But, based on their experience with M1 Garand the CMP expects there will be Rack Grade, Field Grade, Service Grade, and Collector Grade pistols available and that he expects 10% to be in the worst condition, 10% to be in the best condition, and the rest somewhere in the middle. (He later added that the CMP will thoroughly inspect, repair and test fire all pistols prior to sale).
The pricing is expected to start at about $1,000 per pistol with the better grades “priced accordingly.”
The Secretary of the Army has to officially release the pistols to the CMP and there currently is no Secretary of the Army. Consequently, the release of the pistols is dependent on who next fills that post.
The CMP has no additional info available at this time and any updates will be posted to the CMP website.
Charging what the market will bear.
I’d say that if they are limited to 10k, they could charge 2k and still not run out!
Scratch that suprlus 1911 off my “kinda like to have” list.
Exactly. Unless they offer a steep military discount.;)
I can think of a lot better guns to spend that kind of money on!
This fits perfectly with their racist gun control strategy.
Keep the price high to limit access.
Women and minorities hardest hit…
Price elasticity of demand.
Their pricing is why I bought a SIG.
And my next one likely won’t be a Colt either.
I sure am happy with my Rugers
There are a lot of better used guns out there for $1000.
Not paying $1000 for hand gun.
Other than historic value… Only an Idiot would pay over $1k+ for a worn out 1911!