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Well from what ive seen of what they are going for is about $1000-2000 in mint condition.
I agree with his answer I only want to stress that that is a vague ballpark, it would depend entirely on things such as the fire arm actually says "property of us government" stamped on it some where, and not just a model of, as a model of weapon with out the stamp most likely would be considerably less, about 400-600 depending condition, and if it is stamped and an actual government issue model then the serial number is the next clue lets say perhaps it was made and in service during World War 1 and in great shae overall then its going to be worth top dollar because chances are that was a weapon that saw combat in several wars. Hope this hell.
First of all, value of any firearms is the overall condition, the make and serial number. In this case, based on serial number, it was made by colt in 1914. So, it could have been used in WW1 if it states U.S. Property on the side of the frame. Otherwise it was made for commerical use. All you have to do is go to Gunbrokers.com and look
up 45 automatics. Then look for Colt make, then manufacture date. This would give you a good estimate of going value.
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