price check colt ace

As neat as the Colt Ace is, I would be hesitant to buy a 1981 vintage model.
Colt had serious quality issues during that time period
 
mikejonestkd said:
As neat as the Colt Ace is, I would be hesitant to buy a 1981 vintage model.
Colt had serious quality issues during that time period
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43 years later, most folks wouldn't spend the money for a LNIB, unfired original and then go out and shoot it.
 
I know of one that has sat for over a year at $2499. It is LNIB with papers and everything. I'd like to have it as they are awesome pistols if your into the Colt 1911 stuff, but in my opinion, at $2500, it is too much. Researching the gunbroker sales, here are the last 7 sold when I was checking a couple weeks ago.

1. Sold 1-7-24 for $1500 a ANIB 1980 Model
2. Sold 12-16-23 for $1300 a 98% 1981 Model
3. Sold 12-5-23 for $1650 a ANIB 1978 Model
4. Sold 12-3-23 for $2325 a NIB 1979 Model
5. Sold 11-29-23 for $1600 a ANIB 1980 Model
6. Sold 11-26-23 for $1614 a 98% 1981 Model
7. Sold 11-26-23 for $1440 a 98% 1981 Model

Condition is a subjective thing where one mans NIB is another mans 98%. The $2325 Ace was perfect and looked like new and brought a premium price compared to the others that sold for an average of $1517.

Great for a collection and also shooting if you have a shooter grade one.

Also, the linked GB auction is for a pre-war Ace, which is different than the Service Model Ace we are discussing.
 
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Properly speaking, NIB (New In Box) means it has never been sold at retail. If it has been sold to a privatowner -- even once -- it is now "new," it is pre-owned. The appropriate description in that case would be LNIB (Like New In Box) or, perhaps, ANIB (As New In Box).
 
Aguila, I've often wondered how one would actually get a NIB firearm, would it have to be given to me from the factory? Is there a way a firearm could have been bought from the factory and not actually retail? I'm assuming anybody outside of the factory is a private owner or am I missing something?

Through my many years of gun collecting I've always seen LNIB or Like New and then of course the percentage grading, 98%, 90% and so on. Only in the last few years have I noticed the ANIB grading. There was always the "unfired" firearms being promoted but I don't see that used much anymore.
 
Lurch37 said:
Aguila, I've often wondered how one would actually get a NIB firearm, would it have to be given to me from the factory? Is there a way a firearm could have been bought from the factory and not actually retail? I'm assuming anybody outside of the factory is a private owner or am I missing something?
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NIB means not previously sold AT RETAIL.

No different from cars. Dealers buy cars from the manufacturers, but when you buy a car from a dealer that came to them directly from the manufacturers, it's a "new" car. If someone traded it in, even if it's only six months old and in perfect condition, it's a used car.
 
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