I was at the range today and in the dealer section up front they had an IAI M-1. I asked to handle it because I actually am getting an IAI 1911. I checked the finish and the action and it looked VERY good. It may not have the resale value of an original but that should not be a factor when looking at a quality firearm. By the way it was at the shop new for $450, I'd have to say that is a great value!