Your slide might be 'valuable'
Slide Stuff
A quick survey of GunBroker suggests an actual USGI Colt-marked slide might bring as much as $400, even if not 'pristine'.
A 'Colt' NM-type slide, maybe a bit less ($300?).
And just for comparison, a stainless Series 80 slide, around $200.
Big Fix
New sights? Including skilled, reputable gunsmithing/machining, probably around $200 or a bit more, once all is said and done.
Little Fix
Testor's-brand Flat White scale-modeler's enamel (or a touch-up bottle of 'refrigerator paint')?  Less than $5... 
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Complete thread:
- VALUE?? of a Colt gubmit 1911 slide - 
RidinLou, 
2013-07-29, 21:29 
- You want to buy a new slide because the sights are too low? - Rob Leahy, 2013-07-30, 01:08
 - Your slide might be 'valuable' - FOG, 2013-07-30, 03:50
 - Another idea - FOG, 2013-07-30, 04:14
 - VALUE?? of a Colt gubmit 1911 slide - 
Catoosa, 
2013-07-30, 10:34
- I think it's already a parts gun conglomerated together - 
stonewalrus, 
2013-07-30, 12:47
- Shagbark Hill Shoot - 
Catoosa, 
2013-07-30, 21:08
- Shagbark Hill Shoot - RidinLou, 2013-08-04, 08:50
 
 - I think it's already a parts gun conglomerated together - RidinLou, 2013-08-01, 19:08
 
 - Shagbark Hill Shoot - 
Catoosa, 
2013-07-30, 21:08
 
 - I think it's already a parts gun conglomerated together - 
stonewalrus, 
2013-07-30, 12:47