7/31/17 - This an excellent, early Colt model Ace. It is a first year production (1931), and in all original configuration. The bluing is excellent and rates at about 96-97%, with edge wear and some wear on the front strap. Excellent and proper magazine and grips. Mint bore. The Colt Ace or Colt Service Model Ace is a firearm that was designed to allow inexpensive and low-recoil practice while maintaining the feel of a military model 1911.