The value does go down, not as much for the grips, as the SSN. This is not that uncommon, but a disappointment to find. I assume that it is marked on the edge, so they can only be seen when you take the grips off?
I should say, the desirability goes down to many collectors, thus value. I have a really nice 1911A1 Remington Rand that has a Texas License number on the frame, underneath, but more obvious than your situation. It did make it now a low end collectability to most folks.
Ed
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