I got a stainless Para-Ordnance P14-45 Limited for about $750. Very nice piece. slightly finicky with reloads that I used in my other P14, but I shortened the OAL on the round and haven't had any troubles since. 1000's of rounds through both of them and I think they're pretty decent pistols for the price. I've added extended base plates, so they hold 17-18 rounds of .45 acp. Quite a handful of firepower. The Limited has lots of nice bells and whistles that don't come on plain jane 1911's. Checkering on front strap of the grip, beavertail safety, adjustable sights. Grooves on front of slide. Beveled ejector port. If you were to take a base model pistol and having a gunsmith upgrade it to the same level, you'd end up easily spending $1200.
http://www.paraord.com/product/product.html?id=27