Scrap steel is worth about .03 a pound. Each weighs about 2.5 lbs empty. 100,000 1911’s would be worth about $7500.
Each is worth about 8 cents in scrap.
I have no idea at all whether these are worn out guns or are serviceable.
Although it would never in a million years figure this out, the gov’t could “consign” 950 guns @ $250 ea to any of a thousand dealers, giving them 50 guns for their effort. I suspect the guns are worth $500 each as is how is but more than a few might be worth $1500. Well north of $1K, anyway.
Each dealer sends the government 950 * $250 = $237,500. within 180 days.
Each dealer sells the guns and pays taxes on the profits which would probably average $250 per gun after some refurb. That’s an add’l 950 * 60 figured at 25% or $14,250. So each batch of guns is worth about $250K.
There’s $25 MM worth of guns there. Although it would be necessary to subtract the $672,000 for the study of how best to market them from the total receipts.
Back in the wayback I looked up the FSN for the pistols. The purchase price was $57 and they had not bought any since WW2.
The ones I shot worked fine. They grouped alright but the problem with them was the crap sights. Low and left. They also could have used the ejection port opened up but the Army doesn’t care about reloading the brass.
I would bet the stored guns nearly all operate OK. Since they went into storage after all awaiting reissue if needed.
The Manchurian Senator proves what a scum he is once again. Sure would like to see those interrogation recordings the GRU has of Slick Mick.