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They are not 1911 pistols, but a modification of that design
with some internal changes and no grip safety.
They were military/police pistols used in the 1960's in South America and were refurbished and sold here as surplus years ago.
I have seen one for sale in the last few years at around $350 - $400. There are not many for sale - most who own them keep them.
Many who own them think they are really great carry pistols. They are well made and very good shooters and they have a lot of fans.

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