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Sold by James D. Julia auctions on October 2007 for : $3,047.00

"COLT ACE 22LR SEMI AUTO PISTOL. SN 437. Superb blued pistol w/4-3/4" bbl. This 1931 manufactured pistol comes with adj rear sight. Right side of slide marked “COLT ACE 22LR” above SN 437 on the frame. The VP acceptance stamp is on the left side of the trigger guard. Grips are the large diamond M1911 checkered style. Pistol comes with one two-tone 10-rnd magazine, floorplate is marked “COLT ACE 22LR”. First year production Ace's are hard to fined, especially in this condition. CONDITION: Extremely fine.  Slide retains approx 93-95% orig finish with most wear at the muzzle and along the high spots.  Frame retains approx 95% of its orig finish with the exception of the front strap, which is thinning and is around 70%.  Brilliant, bright shiny bore.  Crisp mechanics.   4-33328 CSW17 (1,500-2,500)"

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