Ithica is back with their 1911....oh so curious
- Thread starter gwhysow
- Start date
From what I read about this gun, it will be a fairly high end model. The GI model will have an MSRP of $1200 in the U.S. which likely means $1500+ in Canada (if they even make up here). So you would expect much better quality than Norinco for that kind of money. Let's hope that turns out to be the case.
No, I think you can expect to pay way to much money for a GI Model 1911 with no intrinsic value other than it looks like the wartime gun made by a company whose investors acquired the old Ithaca name. At $1,200 US they aren't going to be flying off anyones shelves. What was it that Barnum used to say, "There is a ...
Take Care
Bob
Intrinsic value is a subjective concept. Personally, I think that a Norinco has no intrinsic value other than its cost as scrap metal and that anyone who buys one "is a ...". But I'm sure you will disagree.
There is no new production GI-style 1911 on the market today that is manufactured to a quality standard that I find acceptable. If Ithaca manages to build one, I will gladly spend $1200 on it.
- Location
- Scarborough, ON
If your definition of intrinsic value is purely based on attributes that can't be measured or quantified, then I think most will disagree with you. The fact is the quality of a Norc 1911 is better than guns that sell for twice the price. Buy one from Armco and I assure you it will outshoot any 1911 under $1000 for half the price.
I'd spend $1,200 on an original 1943 or 1944 mfg Ithaca 1911A1 in nice original, correct, matching condition.
I wouldn't spend that on the Ithaca repro GI model, though.
NAA.
There is no such thing as intrinsic value; value is subjective. A thing is worth what someone is willing to pay for it.
I would consider the Norincos the best value for money for an entry model 1911. The next least expensive 1911 is about $200 more out of the box than a Norinco tuned by Armco.
I would consider the Norincos the best value for money for an entry model 1911. The next least expensive 1911 is about $200 more out of the box than a Norinco tuned by Armco.
Max Owner
CGN Ultra frequent flyer
I'd spend $1,200 on an original 1943 or 1944 mfg Ithaca 1911A1 in nice original, correct, matching condition.
I wouldn't spend that on the Ithaca repro GI model, though.
NAA.
If you can find one.......
And would you shoot it? More its shot, the better the chance of the good shape of gun deteriorating and looking like crap. Loosing value.
Max Owner
CGN Ultra frequent flyer
I'd shoot it.........Guns are meant to enjoy !
Not left in mint shape for the "next guy" to fondle when you croak
To some degree, yes.
But there are so many average guns out there, why would you take a rare gun in good shape and shoot it? Because with wear and tear, it devalues. And becomes rougher looking.
Oh I agree 100%...... just pointing out that often the Joy of owning these beauties is sometimes lost in thier preservation, kinda a double edged sword ain't it
I've noticed the cost of 1911's have gone up considerably this past year. I saw a Kimber Covert at Wholsesale Sports for $1900 + Gov! And the dollar is practically on par. WTF! For the record my vote goes to the GI model but at $1200 US or $15-1600 CDN I'm happy with my AO GI for almost a third that price. El Hosery Mang!
