I don't think the S&W 1911's are really getting the attention they deserve because too many people buy guns like shiny Kimbers so they can have something to show off at the range or because they think a higher price equates higher quality.
funny, I'm a 1911 guy, and having seen 'em all, on average I don't think Kimbers are nearly as "show-off-able" as S&W 1911s. 9 outta 10 times I think the S&Ws are far more magnificent looking. For instance, when I see a Kimber I think 'Kydex holster', when I see a Smith I think 'Leather Holster'.
-I don't own any Kydex holsters

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The old revolvers can be somewhat to very collectible and that creates a lot of bench racing and discussion. In comparison, how many S&W made 1911s are really all that collectible?
I think my S&W is a collectible! (I also think that the blued no forward serrations model could be collectible too)
I've wanted a 1911 since I was quite young, and when I obtained my license-to-carry, I bought a S&W 1911 to celebrate. I knew I wanted a S&W 1911, the question was 'which one?' So I shopped around a bit, and when I walked into my favorite LGS, my eyes hit one in particular, and I KNEW that moment, that it was 'The One'.
It's a ltd edition, of 231 total, polished stainless (to me it's gorgeous) with no forward serrations, and the GI-style plug and rod instead of full-length rod, which is preferable to me. It came wearing the grips seen in the photos. It is my MOST trusted semi-auto. Someone mentioned that many people believe that a 1911 needs tinkering to run reliably. Well with mine no 'tinkering' was necessary at all. I'm just over 3000 rounds with absolutely zero cycling-failures or problems of any kind. I can't even say that about my 5906, which is an amazingly reliable pistol. Only things I've done to it are replacing the slide-stop with one that is forged steel, and I replaced the recoil spring, but just due to round count, not because it actually needed it. It is also wonderfully accurate for a pistol. I am beyond satisfied with it, and won't part with it until I am too frail to lift it.
Oh yeah, here are a few photos of it