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Kind of have to go with this. I don't have any interest personally, but if one wants a CMP 1911, probably best to jump now.Buy it. You'll regret it later if you don't.
Guns are some of the worst investments I've ever made. Their value doesn't go up very much over time and almost always at a slower rate than inflation. They're also some of the best purchases I've ever made.I don't get the guns as an investment mentality. With the rare exception they are tools to be used and enjoyed. If holding a piece of history is enjoyable for you then get it. If shooting a piece of history when imagining the stories it could tell then get it. But if you are worried that you'll not make or even lose money on it then don't buy it. Go buy a '65 Mustang instead.
Have you received a phone call from the CMP yet? When they do call, they will give you the grade options that are available on that day only. If there are no Service Grades available that day, you're out of luck and would need to pick something else that is available.I am wondering if I do decide to buy the service grade CMP 1911 I was chosen for for $1250 will it hold its value? Seems like a hefty chunk of change and I cant get a good gauge if there is really a market for them.
My gut tells me to pass for the price.
Price just seems high to me for a mutt. With that kind of lifetime of replacement parts, I personally don't see the value in it.Have you received a phone call from the CMP yet? When they do call, they will give you the grade options that are available on that day only. If there are no Service Grades available that day, you're out of luck and would need to pick something else that is available.
When I got the call in Round 3, only Rack and Range Grades were available. I picked Rack and was extremely lucky to get both a Remington Rand slide and frame. Often the slides and frames are mismatched. It is pure luck of the draw. (I paid $1050 for the Rack Grade)
As for those 1911s that show up with 80s-90s replacement slides, there is no advantage in picking one grade over another in an attempt to avoid a replacement. In Round 3, myself and another member on the CMP Forum tracked over 200 orders across all grades. We found almost zero difference between the grades and the occurrence of replacement slides. They were scattered almost equally across the orders which contradicts the theory that some grades are either less likely or more prone to see a replacement slide. The math simply does not support that theory.
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They keep increasing the price because the demand justifies it. Same with the M1 rifle prices. Both are a finite supply. When they're gone, they're gone.I purchased mine in Round 2. It is a Field grade with an early Ithaca frame and a Remington Rand slide. It was $950. The CMP keeps increasing the price.
If you don't like what you get you can always sell it and make your money back. Even simple sale to a WA based forum member would get you your money back because that WA guy saves $120 in taxes just because they are buying from a private party and not CMP. So get it, see what you get, and sell it if you don't like it .I am wondering if I do decide to buy the service grade CMP 1911 I was chosen for for $1250 will it hold its value? Seems like a hefty chunk of change and I cant get a good gauge if there is really a market for them.
My gut tells me to pass for the price.