I doubt anyone would be dumb enough to acquire the company. just its assets. that would leave the idiots who loaned Colt money out in the cold. something they well deserve.
Is Colt gone?
- Thread starter Mycin
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CraigC
Sixgun Nut
I have a problem characterizing folks who invest and loan money on the corporate level for a living as "idiots". It's a little more complicated than loaning your deadbeat brother-in-law cash to go to Vegas.
Deanimator
Member
Unfortunately, not that many people want a $1,000+ single action revolver... at least not one that can't be used on cape buffalo. If I wanted a single action revolver, I'd by a Cimmaron. And pretty soon Glock will be making M1911s.
Everything for which Colt stood out is now gone... except for the new Cobra.
BSA1
member
I own two Colts;
1. Series 70 Colt Gold Cup 45 ACP. 1970's production.
2. Police Positive Special with 4" barrel manufactured in the 1970's.
The Gold Cup is very accurate. It is capable of 1" groups at 25 yards with right ammunition. (Sadly the owner isn't capable of shooting that good).
The Police Positive Special is well made, parts fit well and excellent blue finish.
Anybody notice both guns where made in the 1970's?
Mid-1990s Colt SAA was a total piece of junk. Nickel finish peeled off and the cylinder throats were so large that I could not find any bullets that it would shoot accurately with.
As I commented on in a another topic unless Colt can greatly improve it's quality the new Cobra with the exception of collectors is dead out the door.
1. Series 70 Colt Gold Cup 45 ACP. 1970's production.
2. Police Positive Special with 4" barrel manufactured in the 1970's.
The Gold Cup is very accurate. It is capable of 1" groups at 25 yards with right ammunition. (Sadly the owner isn't capable of shooting that good).
The Police Positive Special is well made, parts fit well and excellent blue finish.
Anybody notice both guns where made in the 1970's?
Mid-1990s Colt SAA was a total piece of junk. Nickel finish peeled off and the cylinder throats were so large that I could not find any bullets that it would shoot accurately with.
As I commented on in a another topic unless Colt can greatly improve it's quality the new Cobra with the exception of collectors is dead out the door.
CraigC
Sixgun Nut
Well, that's not really true. Due to the vacuum left by USFA (which also had no trouble selling every gun it made), Colt has a pretty deep backlog of SAA orders and has had no trouble selling them. The secondhand market is equally dried up and they're going for well over MSRP. Sometimes a Cimarron is enough, sometimes it isn't.
Rock Island could NOT make a decent V-Spring Colt DA revolver.
That action will not be brought back by anybody, anywhere.
Too complex & too costly to do it RIGHT.
And Craig's correct- there's a bundle of people who'd stand in line to buy new Colt Peacemakers at $1500.
They've been trying for years & Colt just hasn't produced enough to meet the demand.
Denis
That action will not be brought back by anybody, anywhere.
Too complex & too costly to do it RIGHT.
And Craig's correct- there's a bundle of people who'd stand in line to buy new Colt Peacemakers at $1500.
They've been trying for years & Colt just hasn't produced enough to meet the demand.
Denis
bannockburn
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CraigC
I agree and so did the custom 1911 gunsmith I knew who had every different 1911 in his shop to choose from. He thought they had great overall fit and finish and were better built than most of the ones made 20 to 30 years ago.
I agree and so did the custom 1911 gunsmith I knew who had every different 1911 in his shop to choose from. He thought they had great overall fit and finish and were better built than most of the ones made 20 to 30 years ago.
Deanimator
Member
Way more people, especially cowboy action shooters are going to buy a Cimarron or Ruger than a Colt for twice the money.
Since for me, a single action revolver is nothing more than a toy, a Cimarron is MORE than enough.
Deanimator
Member
They don't need to. They just need to make a decent coil spring revolver, better looking than their current product, with the Colt name on it.
CraigC
Sixgun Nut
Well, the market is there, whether you're part of it or not. It's not enough to save Colt but it is there and it is not satisfied.
De,
Of course the cheaper single-actions will far outsell the Peacemaker, but that's irrelevant.
There remains an unsatisfied market for the Colt, and there are those of us who are simply willing to pay for one.
Even at $1500.
It's kinda like Freedom Arms, their single-actions are an expensive niche gun, but they're still crankin' 'em out.
Not to sound snobby (I have Rugers too), but there ARE people who will cheerfully pay a couple thousand for a gun that goes beyond a $500 Ruger or a $400 Uberti.
My three Peacemakers, between original purchase & later refining, ran three grand each.
No brag, and they're not fancy, just saying....
Just because you're not one of those, doesn't mean the demand's not there.
Re the V-Springs- my comment was in response to two specific Colt models that RI could produce, both of which were V-Spring DAs.
If the guts are re-designed, they wouldn't be those two Colt models.
And no revolver from RI has ever equaled a Colt DA in quality.
No reason to believe any future RI DA revolvers ever will.
Denis
Of course the cheaper single-actions will far outsell the Peacemaker, but that's irrelevant.
There remains an unsatisfied market for the Colt, and there are those of us who are simply willing to pay for one.
Even at $1500.
It's kinda like Freedom Arms, their single-actions are an expensive niche gun, but they're still crankin' 'em out.
Not to sound snobby (I have Rugers too), but there ARE people who will cheerfully pay a couple thousand for a gun that goes beyond a $500 Ruger or a $400 Uberti.
My three Peacemakers, between original purchase & later refining, ran three grand each.
No brag, and they're not fancy, just saying....
Just because you're not one of those, doesn't mean the demand's not there.
Re the V-Springs- my comment was in response to two specific Colt models that RI could produce, both of which were V-Spring DAs.
If the guts are re-designed, they wouldn't be those two Colt models.
And no revolver from RI has ever equaled a Colt DA in quality.
No reason to believe any future RI DA revolvers ever will.
Denis
Deanimator
Member
I'm not part of that market. Cimarron is just fine if I've got some money to blow on a toy.
They would be superior to NOTHING, which (apart from the Cobra) is what Colt produces NOW. They would be superior to current S&Ws with their nonsense ILS. They would probably be on a par at least with Ruger. They would be better than Taurus.
If Cimarron's good enough for you, I'm not trying to push you into a Colt.
I'm just saying you're not the only market in town.
And if you think RI is the way to go in DAs, you are welcome to them.
You're kinda wandering.
There IS a market for Colt Peacemakers.
RI is NOT going to ever compete with Colt DAs for anybody but those looking at price, nor will RI ever produce a Colt model. Or buy the Colt company.
Denis
I'm just saying you're not the only market in town.
And if you think RI is the way to go in DAs, you are welcome to them.
You're kinda wandering.
There IS a market for Colt Peacemakers.
RI is NOT going to ever compete with Colt DAs for anybody but those looking at price, nor will RI ever produce a Colt model. Or buy the Colt company.
Denis
bannockburn
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Would love to have a Colt Peacemaker but at those prices I doubt I ever will. I'm content with my Ruger Vaquero and Beretta Stampede and those will suffice for the time being. Was looking forward to Colt getting back into the double action revolver market in the near future but as of now that doesn't appear to be happening. I'm glad I got my Colt 1911s when I did.
Deanimator
Member
Other than the Cobra, there AREN'T any Colt DAs to compete with.
They'll be competing with Taurus, and probably stomp a mud hole in them.
And people like me who won't even look at an ILS S&W will buy them, especially if they update the Official Police and New Service.
Bad Ninja
Member
If colt actually made SAAs available, my LGS would order a dozen and would sell them all the same day they recieved them for $2000 each easily.
I would buy 4.
There is a strong market for them.
I would buy 4.
There is a strong market for them.
Many years ago, an offer was made to Colt to "buy" the Peacemaker from Colt, to be manufactured by the original AWA owner under license.
The proud response from Colt was "The Peacemaker has always BEEN made right here in Hartford and it always WILL be!!!!!"
The result was the slow & lingering death of a classic.
Colt has let it dwindle to almost nothing & shows little interest in selling any.
Denis
The proud response from Colt was "The Peacemaker has always BEEN made right here in Hartford and it always WILL be!!!!!"
The result was the slow & lingering death of a classic.
Colt has let it dwindle to almost nothing & shows little interest in selling any.
Denis
If you think of a Single Action revolver as a "toy" I can understand why you wouldn't want a Colt. And yes, the Cimarron is a good fit for you.
Dave
Deanimator
Member
It has no practical use for me. I'm neither going to compete nor hunt with it. It's nothing but a range toy. I'm not spending $1,000+ for a toy.
The ONLY reason for me to have a single action revolver of ANY kind is to have a reasonable approximation of what it was like to shoot a handgun in the 1870s through the early 1900s.
Cannibul
Member
Link?
Well cowboy action is just for fun. It is not really a measure of gun enthusiasm for a type of gun, acceptable performance for the design, fit and finish, heritage and historical appreciation etc. Other than it should merely be reliable, look and perform like a single action, most of them could not really care less. And many people were buying Ruger Blackhawks for this reason several decades ago. They were not authentic replicas of a Peacemaker, did not have the fit and finish, or the name, but they worked. Ruger made a wise decision to produce them to fill that market.
Deanimator
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From Wikipedia:
Sarcasm is "a sharp, bitter, or cutting expression or remark; a bitter gibe or taunt".[1][2] Sarcasm may employ ambivalence,[3] although sarcasm is not necessarily ironic.[4] "The distinctive quality of sarcasm is present in the spoken word and manifested chiefly by vocal inflection."[5] The sarcastic content of a statement will be dependent upon the context in which it appears.[6]
Not being a Fortune 500 company doesn't mean death. There are plenty of boutique firearms manufacturers doing just fine. I am sure if Colt cut back to 25 employees (so 24 workers and one manager/sales guy, not the other way around...) they could be profitable on 1911s and SAAs and have more orders than they could fill.
Assuming they can "restructure" without getting bought or going tits up, of course.
Assuming they can "restructure" without getting bought or going tits up, of course.
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