$20000 For a 1911????

It's a NAA, the holy grail of all 1911's. Even more desireable than a Signer. Some have been sold for more than that.
 
from coolgunsite.com

"The North American Arms Co. Ltd., Quebec City, Quebec, Canada was awarded a contract on July 1 1918, to manufacture M1911 pistols at the rate of 2000 pistols per day, at a cost of $15.50 each.

NAA (North American Arms) leased the old Ross Rifle Plant in Quebec City for the manufacture of the pistol. Few details are known about the operation, and no pistols were delivered. The Company however did reach the pre-production stage of manufacturing, and approximately 100 toolroom/pre-production pistols were made. Pistol serial number 46 was submitted to the Claims Board for inspection in the Spring of 1920. The claims board was set up to examine and settle any claims arising out of canceled contracts and the like. The board members included Colonel Gilbert H. Stewart, later Commanding Officer of Springfield Armory."
 
North American Arms mfg 1911....

What hasn't that thing sold yet at that give-away price? :eek: :p

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NAA.
 
So, I get that it's rare, and old. Is that it? Is it a superior firearm as well? Had they gone ahead full speed, there'd be thousands just like it. I know lots of old things that are one of a kind in the world, that aren't worth bending over to pick up if you drop them. I realize the value is whatever someone will pay for it, Canuck44, you said you'd buy it if you had the lotto money, I'm just wondering what about it, makes it worth that much. ArtyMan, have you had it for long? I presume it's not a shooter, at that price.
 
It is rare. It is the rarest of the 1911's. It would be something less than 100 souls in the world would ever have...and it would be mine all mine whoooohhoooohhaaahaahaa.

Just kidding. In time it would be an investment that would attract no tax when sold by either of my two sons.

Take Care

Bob
 
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