Das,
The gun appears to have been buffed and hot blued. The grips appear to be aftermarket replacements, and the magazine base suggests that it is also aftermarket. If these observations are correct then it has no collector value. As for market value, several years ago I purchased a 1915 arty in very nice condition that is an upper/lower mismatch but otherwise original (finish, grips) for $1600. I would value this at about the same. I'm sure there will be other opinions.
KFS
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