Thanks for the advice guys. I don't ever plan on selling it. It will be handed down to him, just as my father will do for me. I think for now I will just keep it clean and put a nice set of walnut grips on it.
Amen to that!
I'd consider selling it to a collector who will not diminish the value of the piece as opposed to refinishing it. If you need to have a pretty 1911 to shoot, go buy a new one...leave this one alone, please.