When I was on a 1911 kick a couple years ago, I found a NIB Norinco for $400.
It was a great shooter out of the box. Accurate, reliable and faultless in every regard. The lack of a warranty bothered me not one whit.
After I moved on from the 1911 platform, I sold my Norinco, 1000rds later, for $500, still looking like new and sold with a nice pair of cocobolo grips from CDNN.
I have no doubt that if I had just locked it up in my safe, it would have continued to appreciate.
Still waiting for my Flashback...I would like it now, please.