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I’ve no idea what the hammer price will be but I think someone is going to get an expensive lesson buying that.
 

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Years ago turned down a NRA horrible $500 Super Match that had been polished to a rounded lump of ugly steel. So they sold it on GB for over $3000. Wish I would have taken it now.
The OP's referenced gun would look real nice if re-redone by Turnbull or similar to bright nickel. Once a gun is ruined by refinish you may as well do whatever you want. That gun has a nice King mirrored front sight so that could stay.
 

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Letter says blue yet they tout nickel 🤣
It's just a really not-so-clever attempt by the seller to dodge the issue. Note that the ad says, "Colt Factory authentication letter." All he's saying there is that it's a lettered pistol, not that the letter documents the current finish. Word games, that's all, and all too common on GunBroker.
 

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If two shills are bidding it up, how does the seller make money?
The implication is that at least one is schilling for the seller.

A second could be running it up in tandem to establish a plurality of false enthusiasm. Kind of like goading an actual bidder into thinking that at least two others think the value is there. Of course, that's a risky business as the seller could get suck with it and have to pay the buyer's AND the seller's premium.

I call that scenario KARMA.
 
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