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So Much For That COLT 1911 9mm Some Blogger Wanted!

In the blogosphere, another blogger said COLT announced they were producing a limited run of 9mm 1911s next year.  And he wanted one! (Sorry – I cannot remember who reported this!)

THEN, this made the news…

Papers filed with the SEC indicate they (COLT) lack funds to pay their debt.

(I wonder if they will survive yet again, and be able to produce such things?  Haven’t they had funding/union trouble in the past?)

Sounds like another government contract or bk reorg in their future(?)

IF they can survive in this economy?

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About guffaw1952

I'm a child of the 50's. libertarian, now medically-retired. I've been a certified firearms trainer, a private investigator, and worked for a major credit card company for almost 22 years. I am a proud NRA Life Member. I am a limited-government, free-market capitalist, who believes in the U.S. Constitution and the Rule of Law.

Discussion

8 thoughts on “So Much For That COLT 1911 9mm Some Blogger Wanted!

  1. I’m still mad about bad Colt customer service when I sent an AR-15A2 HBAR back for factory repair work fifteen years ago. Worst customer service I’ve ever gotten from a firearms company. Screw ’em.

    Posted by Murphy's Law | November 18, 2014, 10:34 am
    • COLT was always the Cadillac in my circle – before GM became Gov’t Motors.
      Now, there are so many better clones of JMB designs, and Stoner designs…
      I suspect they live on their name, alone.
      I’d buy older models @ guns shows (if I had the money!)

      Posted by guffaw1952 | November 18, 2014, 10:38 am
      • I agree with you about Colt running on its name recognition. The marketplace will eventually sort itself out, in cases like this … and it sounds very much like Colt’s on its last legs.

        A shame, that, but it happens.

        Posted by Rev. Paul | November 18, 2014, 11:11 am
  2. Shame is right, and squarely on CT state government. They had majority shares in Colt and let it die.

    Posted by Old NFO | November 18, 2014, 2:36 pm
  3. The name is worth a lot, but their debt is huge and their outlook is awful. Back in the early 1990s (IIRC) they almost folded; one of the guns I bought in a panic was a new SAA revolver; still unfired, it is worth less today than what I paid for it.

    I still have some sentiment for Colt, but not a whole loaf of it.

    Posted by Zack | November 18, 2014, 2:53 pm

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