Good afternoon every one. A couple of weeks ago a friend of mine who is looking at getting his first 1911 (and money is tight) had come across a used 5 inch Blued Charles Daly at a shop in his home town, and he wanted me to take a look at it. This morning was the first opportunity I`ve had to get up his way and take a peek at it. The shop owner got it from a smith who did a few mods to it back when the smith still worked for him. He didn`t know much more than that about the history of the gun. The slide to frame fit was decent, the bore was very clean, it has a stainless beavertail GS that was fit very well and a commander hammer, it has a stainless thumb safety that while not perfect as far as enguagement seemed good, and the trigger was in my opinion perfect (crisp, no creep, and about 4.5 lb). The gun has also had a 2 piece FLGR installed. Now the vertical lockup left a little to be desired, much more than either of my newer guns have (obviously couldn`t measure it), and the blued finish has some scratches and wear. The rear-bottom of the slide showed obvious use wear as did the firing pin stop, like it`s seen a fair amount of use. The gun passed all the function tests that I could remember to do. Asking Price is $520. I didn`t know what to tell my friend....is this a decent price or should he keep looking? I thought that perhaps he could get a new one for not much more than that, since I`m not sure that the few mods that have been done to the gun are all that outstanding or would add that much value. Your opinions? Thanks.