This particular M1911A1 was made in 1943. (Source: http://www.sightm1911.com/1911Production.htm) Value depends upon the condition of the gun. A possible range of value would be $400 to $1,500.
Impossible to answer without a detailed description and the serial number. It is a 1911-A1, 45 Cal., Olive Drab in Color, Made in 1938 (?), Serial # 1950 Excellent Condition......As New
age of the military 1911 is based on serial number................
your 1911 was made in 1912 by Colt or Remington
You must call Colt to find out.
Proofhouse.com has Colt sn data.
100-1000 USD or more depending on specifics
With the serial number that you provided,your Remington Rand made 1911-A1 was made in the year 1945.
this m1911a1 was made in 1943 so it is approximately 64 years old
50-100
There's a list of serial numbers by year at http://ithacagunrepair.com/page5/page23/
In order to get the age and other information about a gun you can go to your local police department and have them run the serial number thru their ID systems.