Yes, pictures please. I for one would love to see what $500 can get you in a 1911, in your area (with some luck)
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www.1911forum.com has a USGI section, and their LINKS page has other resources like
http://usgi1911.tripod.com/ listed.
There are a bunch of things to check on a Rand, these sites will get you started...
Regards,
Fritz.