The phrase references a selected firearm mannequin, a pistol manufactured by Auto-Ordnance, an organization identified for its historic affiliation with the Thompson submachine gun. The pistol is a variant of the basic 1911 design, a single-action, semi-automatic handgun chambered primarily in .45 ACP. The inclusion of the correct noun suggests a limited-edition model, probably commemorating or referencing the forty fifth President of the USA.
Such commemorative firearms usually maintain worth to collectors and lovers, representing each an curiosity in firearms and, on this case, political memorabilia. These limited-edition fashions would possibly function distinctive engravings, finishes, or serial numbers, rising their desirability and potential market worth. The historic context of the 1911 design, which served because the standard-issue sidearm for the U.S. navy for a few years, additional contributes to its attraction.