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Posted: 10/2/2015 7:47:40 PM EDT
It's a Turnbull restoration, with all the original parts. I'm attempting to help the owner determine its value.
This gun with 5% original finish would probably be a $10-12K gun, in 80% original finish would be an easy $20-25K gun. "Refinished", sure but it was done by the best. "Restored", original finish or not, this is still a rare, original, documented piece of history. 
It's hard to photo a blued gun.. 
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Posted: 10/2/2015 8:00:40 PM EDT
[#1]
Stunning!
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Posted: 10/2/2015 8:07:27 PM EDT
[#2]
wow!
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Posted: 10/2/2015 8:26:30 PM EDT
[#3]
A Colt 1905 .45?
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Posted: 10/2/2015 8:33:54 PM EDT
[#4]
My pants are getting tighter
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Posted: 10/2/2015 8:48:03 PM EDT
[#5]
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Posted: 10/2/2015 8:57:53 PM EDT
[#6]
Wow , I am in to see what it goes for and what the folks in the know thinks it is worth.
Collectors in general don't like restored or refinished guns so much and they are the guys who drive most anything better than a shooter . This however is a quite rare piece so who knows ? The demise of Colt (deferred by the new military contract but still pretty much a given ) will only drive Colt collectables even though most of the collectable stuff really has little connection to the present company except for the name |
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Posted: 10/2/2015 9:27:06 PM EDT
[#7]
Quote HistoryQuoted:
Collectors in general don't like restored or refinished guns so much and they are the guys who drive most anything better than a shooter . This however is a quite rare piece so who knows ? There may not really be a way to know. There were only 200 to begin with 107yrs ago, and who knows how many of those still exist today? How do you research the value of something that is so rarely put up for sale? I'm just happy I get to handle it in person. |
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Posted: 10/2/2015 11:28:34 PM EDT
[#8]
Based on the values in the OP I would think it's probably in the 15k-20k range. More desirable than a well worn original but less than a lightly used original. The quality restoration shouldn't kill the value like an amateur job. Just my moderately educated guess on a subject I can't afford to have much experience on
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Posted: 10/3/2015 9:13:04 AM EDT
[#9]
I saw one of those in a gun store up near Arlington almost 40 years ago. Thought it was a funny looking 1911 till I read up on it.
I don't remember the price back then, but I couldn't afford it. A year or so later I bought a 1911 in really nice shape for $195. Mine was made in 1917 and it's not really rare, like that one. Nice gun. Will it get shot? Or just oiled up and put away to look at now and then? |
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Posted: 10/3/2015 7:45:56 PM EDT
[#10]
If a five percent finish gun would be say 10 k the turnbull rests should be valued roughly the same prettier but not more valuable
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Posted: 10/3/2015 9:49:40 PM EDT
[#11]
Quote HistoryQuoted:
If a five percent finish gun would be say 10 k the turnbull rests should be valued roughly the same prettier but not more valuable I Agree to extent. I think its an easy $10K gun, and maybe $12-14k to the right collector audience If someone would pay $10K for one with original finish that looks like shit, why not pay the same for one that looks brand new? Many of the remaining ones that made it through the trials were reblued by Colt, so they are "refinished" as well. I'm still pondering the rarity of the piece. It's not like if someone wants one of these, they have more than 2 to choose from that are available for sale at any given time. |
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Posted: 10/3/2015 9:54:02 PM EDT
[#12]
Just found this. One rated at 85% sold for $90K in 2012!
http://www.icollector.com/Exceptionally-Rare-Colt-Model-1907-U-S-Army-Test-Trials-Semi-Automatic-Pistol-with-RIA-Holster-Car_i12220772 And a year later one sold for $27.5K http://www.icollector.com/EXTREMELY-RARE-COLT-MODEL-1907-TEST-TRIALS-SEMI-AUTO-PISTOL_i17332712 all over the place.. |
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Posted: 10/3/2015 10:15:52 PM EDT
[#13]
If he doesn't need the money right now he could probably put it out there and wait for those collectors who need to have it and will pay the higher estimation.
Is that the mag release on the bottom of the grip? |
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Posted: 10/3/2015 10:54:15 PM EDT
[#14]
Quote HistoryQuoted:
If he doesn't need the money right now he could probably put it out there and wait for those collectors who need to have it and will pay the higher estimation. Is that the mag release on the bottom of the grip? Yes, that's the mag release sticking out the bottom. No need/hurry to sell. When he brought it in to show the "shop regulars" the conversation on value started and everyone present had an opinion that was different. |
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Posted: 10/5/2015 5:20:59 AM EDT
[#15]
Wow!
Beautiful Colt. |
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Posted: 10/5/2015 5:36:03 AM EDT
[#16]
Wow!
 That's beautiful! I've always loved the lines of the 1905.
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Posted: 10/5/2015 5:58:11 AM EDT
[#17]
Quote HistoryQuoted: Indeed. |
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Posted: 10/5/2015 7:07:17 AM EDT
[#18]
Don't see that everyday. Nice.
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Posted: 10/5/2015 5:09:12 PM EDT
[#19]
Quote HistoryQuoted:
Yes, that's the mag release sticking out the bottom. No need/hurry to sell. When he brought it in to show the "shop regulars" the conversation on value started and everyone present had an opinion that was different. Quote HistoryQuoted:
Quoted:
If he doesn't need the money right now he could probably put it out there and wait for those collectors who need to have it and will pay the higher estimation. Is that the mag release on the bottom of the grip? Yes, that's the mag release sticking out the bottom. No need/hurry to sell. When he brought it in to show the "shop regulars" the conversation on value started and everyone present had an opinion that was different. What a surprise.
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Posted: 10/5/2015 6:37:50 PM EDT
[#20]
Nice pistol.
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Posted: 10/5/2015 6:51:09 PM EDT
[#21]
Since it has been refinished.... I'd shoot it in a match or two and carry every now and then.
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Posted: 10/5/2015 7:16:38 PM EDT
[#22]
Quote HistoryQuoted:
Since it has been refinished.... I'd shoot it in a match or two and carry every now and then. cocked?
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Posted: 10/5/2015 7:30:05 PM EDT
[#23]
I've always been told, with a gun so rare, there really is no 'value' per se. There is only how much someone is willing to pay when the gun is for sale. And that could be A LOT.
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Posted: 10/5/2015 9:23:17 PM EDT
[#24]
Quote HistoryQuoted: cocked? Quote HistoryQuoted: Quoted: Since it has been refinished.... I'd shoot it in a match or two and carry every now and then. cocked?  |
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Posted: 10/5/2015 11:06:05 PM EDT
[#25]
that's some real JMB history
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Posted: 10/5/2015 11:23:10 PM EDT
[#26]
Put a RMR on it and running at the range.
Nice slab of history there.. |
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Posted: 10/6/2015 9:50:42 AM EDT
[#27]
Interesting that it has an external extractor.
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Posted: 10/6/2015 10:09:47 AM EDT
[#28]
If I'm not mistaken, that's the type of .45 mentioned in a Gun Digest article from 1983. The authors father had acquired that 1911 from a case he investigated where the wife blew her husband away, back then detectives would build up large collections when nobody would claim the firearm back after the case was closed. He inherited it from his father and carried it in the Second World War. Great story.
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Posted: 10/6/2015 12:29:54 PM EDT
[#29]
Quote HistoryQuoted: If I'm not mistaken, that's the type of .45 mentioned in a Gun Digest article from 1983. The authors father had acquired that 1911 from a case he investigated where the wife blew her husband away, back then detectives would build up large collections when nobody would claim the firearm back after the case was closed. He inherited it from his father and carried it in the Second World War. Great story. |
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Posted: 10/6/2015 12:32:21 PM EDT
[#30]
Quote HistoryQuoted: Except it isn't a 1911 but a Colt Model 1905. Quote HistoryQuoted: Quoted: If I'm not mistaken, that's the type of .45 mentioned in a Gun Digest article from 1983. The authors father had acquired that 1911 from a case he investigated where the wife blew her husband away, back then detectives would build up large collections when nobody would claim the firearm back after the case was closed. He inherited it from his father and carried it in the Second World War. Great story. |
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Posted: 10/6/2015 12:40:02 PM EDT
[#31]
Quote HistoryQuoted:
Except it isn't a 1911 but a Colt Model 1905. Quote HistoryQuoted:
Quoted:
If I'm not mistaken, that's the type of .45 mentioned in a Gun Digest article from 1983. The authors father had acquired that 1911 from a case he investigated where the wife blew her husband away, back then detectives would build up large collections when nobody would claim the firearm back after the case was closed. He inherited it from his father and carried it in the Second World War. Great story. Technically, it's a 1907 
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Posted: 10/6/2015 12:46:06 PM EDT
[#32]
I figure its worth 0-5% finish + 60% Turnbull's cost + speculation.
You knew going into it that refinishing it takes it off the table for a serious collector. But now you can shoot it, enjoy it, etc. |
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Posted: 10/18/2015 2:44:55 PM EDT
[#33]
Absolutely beautiful and a fantastic historical piece.
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Posted: 1/3/2016 12:49:47 AM EDT
[#34]
I thought it was a contest that I was going to post a picture of a factory Colt ACE II complete pistol in case but I suppose you win with this one.
That thing is beautiful! |
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Posted: 1/14/2016 12:54:48 AM EDT
[#35]
going to have to take it to an auction to determine the true value. Auction it near Trumbull and pay for him to come out and deliver a speech on how awesome he made it.
collectors in all fields seem to be much more open towards quality restorations than they were 20-30 years ago so who knows about the value. |
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Posted: 1/16/2016 2:05:52 PM EDT
[#36]
Quote HistoryQuoted:
I figure its worth 0-5% finish + 60% Turnbull's cost + speculation. You knew going into it that refinishing it takes it off the table for a serious collector. But now you can shoot it, enjoy it, etc. I doubt its restoration will take that beauty off any collector's table. |
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Posted: 7/22/2016 9:20:00 AM EDT
[#37]
Passed on a fairly worn one years back at a gunstore down in the Hill Country for something like $700.
I now see I should have purchased it 
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Posted: 7/22/2016 12:26:11 PM EDT
[#38]
I saw a YouTube video of colts and that one has the barrel cammed on 2 pins. Some had sight safeties or none at all.
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