Colt Forum banner
1 - 20 of 24 Posts

·
Registered
Joined
·
6,636 Posts
Discussion Starter · #1 ·
Thanks to a new friend for selling me this great Colt Ace for a great price! Came with 3 magazines, a box numbered to the gun, a matching test target. The condition is fantastic, the best I have at this point. 1947 model, it's the last of the great Aces. The bluing looks pre-war, so perhaps it was blued during those years, but put in a vault at Colt until after the war.





 

·
Registered
Joined
·
833 Posts
Eureka! You have hit the mother lode!------All the Ace collectors won't be needing their Viagra for a while!

Why don't I have friends like that
 

·
Registered
Joined
·
879 Posts
Very nice....must have been put away very early. The box and target put it over the top
 

·
Registered
Joined
·
321 Posts
Nice untouched NIB ACE to own Congrats. Prewar Blue finish all the way

Does the box bottom have the tan paper or blue skin bottom
 

·
Registered
Joined
·
11,688 Posts
Has it been lettered yet? Would be interesting to know the actual shipping date, and agree that the finish is pre war oven blue.
 

·
Registered
Joined
·
6,636 Posts
Discussion Starter · #11 ·
No letter yet, I've never gotten in the habit of buying them, back when I could buy a nice Colt DA for $300 or less, it seemed exorbitant to pay $75 for a piece of paper that usually doesn't have anything cosmic on it. But for this one, and a 1903 Military with a period set of initials engraved, I may perhaps order a letter.
 

·
Registered
Joined
·
4,029 Posts
just beautiful, i'd love to have that in my collection! :cool:

congrats on getting it!
 

·
Forum Friend
Joined
·
5,858 Posts
For comparison mine I got about 25 years ago for $400 like NIB, s/n 70B50XXX, box with same s/n. Said to be a .45ACP s/n series & haven't found DOB.

 

·
Registered
Joined
·
11,688 Posts
Colt used Government Model serial numbered receivers for Aces, and Ace receivers for Government Models at the time period. Never figured out why a company as meticulous as Colt about recording serial numbers ever decided to do that. As you noted, it has led to nothing but confusion.
 

·
Registered
Joined
·
1,621 Posts
Beautiful gun! It is what I call a prewar/postwar. Prewar type of oven blue and probably blued before or very soon after 1941. But it was assembled after the war with leftover military parts: hammer, trigger and stocks. Looks terrific that way. Good show!
 

·
Registered
Joined
·
11,688 Posts
I may have been lucky, but I have had a higher percentage of letters that added to the value of the gun I was getting them on. Don't know if the information was cosmic or not, but definitely added to the history of the gun.
 

·
Registered
Joined
·
6,636 Posts
Discussion Starter · #17 · (Edited)
I'm sure the letters add value, and can tip the sale in your favor with a unmotivated buyer. But it would take a lot of case studies to determine how much value versus the cost. Like my post said, when a gun cost $300, getting a $75 letter was like pulling the handle on a slot machine - you hoped the letter would reveal something that would double the value of the gun, to maybe $600. Or confirm you had a rare configuration from the factory, when it was suspect. Today, the guns start at about $600, and move up quickly. So $75 isn't a large percentage of the total investment anymore. But I don't think the letters very often add more than $75 or $100 to the sale price, unless they reveal something amazing like it was bought by Al Capone. I collect a lot of antique cameras, including Leicas. It's nice to know that "Joe Stadanko" owned the camera, and bought it at Fred's Cameras in 1931. But what does that really do for you?

On this Ace, I know who bought it, his name is stamped on the manual that was in the box! Lived in Burbank, CA in the 40s. I know it's an ACE, all original, in box. The letter would just be icing or bling for a potential buyer, but I'm not selling at this point. I don't think the letter would add anything. Now on my 1903 Military, with the old engraved initials, I've always wanted to know who owned it. So I may pull the trigger (sorry) on a letter there.
 

·
Registered
Joined
·
11,688 Posts
I don't order the letters to help sell a gun as I very seldom sell anything. I do it as a part of the hobby, as the cost is so nominal that it isn't even a consideration. Just like the cost of gasoline driving to a gun show. Most of the time I don't find anything, but the cost of the driving there doesn't deter me from driving to the next one just because I didn't see any added value.
 

·
Premium Member
Joined
·
9,737 Posts
Like JohnnyP, a letter is part of the hobby to me. I just want to know as much as I can about any gun I own. To me, that makes a letter worth the cost. In those cases where something unusual on a common gun shows up, that is an added bonus.
 
1 - 20 of 24 Posts
Top