I looked at a couple online auction sites and Colt Aces asked and sold for $1400->up. NIB should be higher.
Maybe you should list it with a good reserve and see what it's bid up to, then buy a nice used Mod 41 with the proceeds, unless you really want to shoot a 1911.
The Mod 41 5" heavy barrel feels very much like a 1911 and is a precision piece right out of the box. And it's S&W.