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Samuel Colt had already failed twice. Two factories. Two bankruptcies. His first
Featured Event 1847 Event

January 4

Colt Sells First Revolver: Mass-Produced Firepower

Samuel Colt had already failed twice. Two factories. Two bankruptcies. His first revolver — the Paterson Colt — went bust in 1842 after the US Army passed on it, and Colt spent the next few years trying to sell an underwater telegraph cable just to stay solvent. Then a letter arrived from Captain Samuel Walker of the Texas Rangers. Walker wanted something that could fire six shots without reloading and survive combat against Comanche warriors on horseback. Colt built it. The Walker Colt came out weighing four and a half pounds — the most powerful handgun the 19th century would produce. On January 4, 1847, the government ordered 1,000 of them at $28 each. It saved the business. The Mexican-American War expanded it. By the Civil War, Colt revolvers were standard Union cavalry issue. Walker was shot dead in Mexico that October, eight months before his guns reached the troops.

January 4, 1847

179 years ago

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