In 94% condition, we have a US WWI issued Colt Model of 1911 US Army Service Pistol. This is the “Black Army” variant which is a mid to late 1918 production Pistol with the rougher polish and the black oxide finish that is extremely non-durable. As you see with this example, a significant amount of finish deterioration has occurred on the slide. This is not attributable to wear but to the unsuccessful surface treatment of the Black Oxide finish.
This pistol is 100% correct and original and the bore is mint, It was one of thousands shipped to France in September 1918 and barely got there before the Armistice in November. A mint completely intact Black Army will cost you $4500 at least so this is a good value for what it is and what it represents.