Hey, didn't you hear? Colt isn't selling guns in the commercial market, and haven't for "several years"! And, every Colt has to go back to the factory three times to make it work. Sam Colt? The copycat? That Sam Colt? What planet do these guys live on? The guy who said Colt has been on the verge of collapse for years, is right. But, I am not aware of any "news" (more recent than late '99, anyway), that indicates Colt is doing anything but making guns, and trying to stay in business.
The latest one: "Former employees have set up a factory across the street, and are trying to put Colt out of business". I was discussing the M1991A1 with a local gunshop clerk, when I got that little tid-bit. I think the guy must have been talking about USFA, who are making Peacemaker clones. But, they're not across the street, they are actually in the old Colt factory. Their guns are magnificent in appearance, by the way. Priced at about half what a Colt SAA costs, USFA might just help put Colt out of business.
I kinda doubt Colt would go under if they lost the single-action market to USFA, if this info is even close to being true. Colt's SAAs are custom shop guns, and Colt does not rely on those sales to keep going. If anything, a SAA sale is probably more of a bonus to their profit, because I can't imagine the production cost of a SAA being more than $500, and they go for about $1800 these days. The 1991 is the backbone, and I might see Colt's integrity compromised IF they ever lost that market, which ain't gonna happen anytime soon. Just my two cents
With all the bad-mouthing of the Colt 1911A1 repro being overpriced, you should see the SAA. Usually when you do see one at a shop the action is zip-tied shut and you're not allowed to handle it. I think the real reason is they don't want you to see how crappy they are. The one time I was able to handle one the cylinder had a ton of play in it, the action and trigger felt like someone dumped sand into the frame, and the overall finish was below what I have come to expect. Not to mention the fact that it's a pain to get one with beveled cylunder flutes and a bulls-eye ejector rod. No, for $1800 I'll buy a brace of EMF Hartford models instead.