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Is it just the fact that they were Made In Brazil make them Not As Popular or worth as much as American Colt slides?
I believe that is the case. the Sistema's are very good pistols. They are not always finished as nicely as Colt's, but they are well built with good steel. Colt produced the first 10,000 1927's in Hartford Conn. (known as Hartford Colt's) and then sent engineers to Argentina to help F.M.A.P set up production.
 

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Chris, I'll look around and see if I can find the 1927-1944 numbers.

Numbers Produced at FMAP Rosario and Serials, 1945-1966

1945 - 6,000 - #24,001 - #30,000
1946 - 7,628 - #30,001 - #37,628
1947 - 5,000 - #37,629 - #42,628
1948 - 7,000 - #42,629 - #49,628
1949 - 5,000 - #49,629 - #54,628
1950 - 8,000 - #54,629 - #62,628
1951 - 8,011 - #62,629 - #70,639
1952 - 7,016 - #70,640 - #77,655
1953 - 2,500 - #77,656 - #80,155
1954 - 5,000 - #80,156 - #85,155
1955 - 2,500 - #85,156 - #87,655
1956 - 2,500 - #87,656 - #90,155
1957 - 5,626 - #90,156 - #95,781
1958 - 5,547 - #95,782 - #101,328
1959 - 5,000 - #101,329 - #106,328
1960 - 2,066 - #106,329 - #108,394
1961 - 1,000 - #108,395 - #109,394
1962 - 0
1963 - 600 - #109395 - #109,994
1964 - 750 - #109,995 - #110,744
1965 - 1,250 - #110,745 - #111,994
1966 - 500 - #111,995 - #112,494
 

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Chris & QK, you're welcome sir's.

Robert, all Springer 1911s are IMBEL forged. Some are completely finished & assembled in Brazil, are marked "Made in Brazil" and carry the "IMBEL" marking under the right stock panel, those finished and assembled here, do not.
IMBEL - Brazil
FMAP - Argentina
Two different companies.
 
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