My wife bought me a new PC1911 (JMB 13XX) in November, 2006.
There were two stock numbers with the only difference being the finish.
MSRP was about $2,500 and she paid $1,454 shipped and transferred.
It came with a large aluminum PC case, lock, paperwork, fired case (08/21/06) and two ACT mags.
I put a FO front sight on it and shot it several years in IDAP CDP.
It's a fantastic gun that sadly hasn't been out of the safe to be shot in several years.
If I recall correctly it went almost 5,000 rounds before the first malfunction and that was because I had let it get way too dirty shooting 200 grain H&G68s.
I haven't really checked on them in a few years but occasionally one shows up on GunBroker.
The last time I saw one on GunBroker I believe it was listed for about $1,200 which is a great buy for what they are.
Those PC1911s were designed to be PC guns from the ground up unlike current PC1911 which (I was told by a S&W PC guy at the NRA show some years back) are based on the standard E models and that's why the current PC1911s are considerably less expensive than the one I have and the one you are looking at.
Depending on its condition, what it has with it, and how bad a person wants a pretty much hand built 1911 then $1,200-$1,500 would be a deal in my opinion.
However having put several thousand rounds through one I am admittedly biased.
I hope it works out for you.
Cheers
James