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| M1911A1 .45 Automatic |
This caught my eye, I mean it sounds like a really good deal. But this is an old ad, surely from the days before Nixon canceled the gold standard. In those days an ounce of gold was $35, so this gun cost almost two ounces of gold. Now-a-days, a 45 will set you back $1,000, which sounds like a chunk of change until you realize that gold is now $2400, which means this gun would cost less than half an ounce of gold. So in terms of our rapidly devaluing paper money, a 45 costs like 20 times as much as it did in the bad old days. However, in terms of real money, a 45 costs a quarter of what they used to cost.
I'm pretty sure the ad has to be 1955 or earlier, I have an ad from 1957 and the US Government M1911A1 sold for $74.50.
ReplyDeleteIn any case, those weapons were manufactured in 1943 or before and if you were to find one in 95%+ condition, in the original box, with the original magazine, you will probably have to spend over $7,000 for it.