Has Anyone Picked Up Any Colt 1911s Because Of Their Impending Financial Crisis?

J

Joe_Pike

New member
I bought a Colt Combat Commander in December (it was a great deal) and would like to pick up something else while prices are low. Their financial problems lead me to believe I should do it sooner rather than later because if some entity (say, the Freedom Group) gets a hold of them then I'll have to pass on any more of their guns.

So, have any of you been buying or thinking about buying a new Colt 1911?
 
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I've been thinking about buying a Colt 1911. It has nothing to do with their financial situation and everything to do with the fact that it is a Colt 1911 and from what I've seen they are currently making some very good quality guns right now. THAT will always provide value.
 
Firearms' value depends on many things, and one of them is the laws and ordnances in the region you live.

For example, I bought a 1978 Colt Series 70 a few years ago. A cool grand. It is in very good shape except for a couple pits on one side of the slide. Looks new otherwise. But my point is, it is flawed. And it was still a grand. Some folks call that a rip-off. maybe where they live it is. That's because of the laws here- you cannot buy a new Colt pistol here. They didn't submit examples for testing, so MA says: no can do.

And so when you see a Colt 1911 pattern for sale around here, it's at a premium.
 
everything to do with the fact that it is a Colt 1911 and from what I've seen they are currently making some very good quality guns right now.
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That seems to be the consensus and another reason I would like to buy another one.
 
If you really think Colt may fold, buy now; if they do finally collapse, the prices will go up. (Of course if enough folks think that way, they should have a lot of sales and be able to stay in business in spite of themselves.)

Jim
 
If you really think Colt may fold, buy now; if they do finally collapse, the prices will go up. (Of course if enough folks think that way, they should have a lot of sales and be able to stay in business in spite of themselves.)
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Actually, I'm hoping they pull through somehow and would like to buy another 1911 of theirs regardless. Now, I just have to sell something.....
 
Been seriously considering a couple 9mm 1911s from colt. Stainless govt and a blued govt. I can't find them anywhere though. My LGS has the govt model .45 on sale for $799. Might have to grab one just because. I have 4 colt 1911s now so I don't "need" one but..........
 
No but I picked one up for $700 with a $100 rebate because it was a great value. Their financial issues did not come into play.
 
Picked up two new Colts in the past six months, but the company's financial situation didn't factor into those purchases at all.
 
I certainly don't want to dissuade anyone from buying a new Colt. They are great firearms, and an old name like Colt should not be allowed to fold, or be absorbed into a holding company run by bean counters. That said ...

Colt needs something other than some of us buying a new gun. The fact is, Colt sells every gun they make, with essentially no advertising. Colt sells only to/though distributors, and I haven't heard anything about lower prices to the distributors, so any sale prices would seem to be a combination of distributors and retailers lowering their prices.

Unfortunately, the current situation seems to be a result of the recent dissolution of the financial "firewall" between Colt's Manufacturing and Colt Defense (the side that makes military firearms). Just prior to that restructuring the civilian side was in very good shape ... and now they aren't.

Maybe someone with more business acumen than I can ever hope to possess can offer a better analysis of what went wrong.
 
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I got a National Match for a combination Fathers Day/Birthday present, not because of their financial situation but because I have always been partial to Colt 1911s. Nice pistol, shoots where its aimed, looks pretty good.

Was surprised that I had to use a bushing wrench to get it off the slide, and the firing pin stop needed a bit of persuasion to get it off the slide. I have never had those parts fit that closely on a production line Colt before.

The trigger wasn't quite as good as my Trophy Match, bought back in 2003, but it was very close. Got out the sear jig and passed a very fine ceramic stone across it, and a quick cleanup of the hammer to bring it up to a clean pull.

What a difference a year makes in the prices. I bought a Series 80 Government model last year for about the same price as the NM. Not crying about it however-the GM is really accurate and only longer distance makes a difference in groups between the 3.
 

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Firearms' value depends on many things, and one of them is the laws and ordnances in the region you live.

For example, I bought a 1978 Colt Series 70 a few years ago. A cool grand. It is in very good shape except for a couple pits on one side of the slide. Looks new otherwise. But my point is, it is flawed. And it was still a grand. Some folks call that a rip-off. maybe where they live it is. That's because of the laws here- you cannot buy a new Colt pistol here. They didn't submit examples for testing, so MA says: no can do.

And so when you see a Colt 1911 pattern for sale around here, it's at a premium.
Click to expand...

$860.00 Cash Price for a NIB Series 70 Stainless;

http://www.budsgunshop.com/catalog/mobile/product/36108/colt_o1070a1cs_series_70_7+1_45acp_5
 
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I have been amazed by the selling power of the Pony. The brand name is so valuable that people pay a premium for a Colt. Because of this, I predict that gun buyers of the future will be buying Chinese made, Colt branded pistols, just because the pistol has the Pony on it.

If you want to buy an American made Colt right now, that decision is up to you. If the price is great, I would say, go for it.
 
This makes me feel somewhat guilty. Many years ago I acquired a stainless 1991 and this week I started working on it (accurizing 1911) by fitting a Kart gunsmith fitted target barrel, a link, barrel bushing.
 
I just bought one Monday for that reason . I got a blue 70 Series .

My good friend and I bought .357's back in the mid 80's . They were priced about the same . He bought a Colt King Cobra and I bought a S&W 686 . I like my 686 better , but I see what those DA snake guns are selling for now .
 
No Colt 1911s for me yet, but I did recently pick up a Colt LE6920 for this very reason. I have always wanted a bone stock Colt M4gery:D, and I figured now is as good as ever. They even started stamping the lower receiver M4 now on the LE6920, which I thought was pretty cool.
 
Bit the bullet and ordered a 01092(stainless govt model) 9mm from buds. Hopefully it'll be here in a couple days. 1st online firearms purchase for me. If all goes well I'll buy his blued twin (01992) soon.
 
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