(Rock Island Auction Company) Before Samuel Colt’s behemoth of a firearms company produced the 1911, the Python, or the Single Action Army, the entrepreneurial industrialist brought the world’s first commercially successful repeating firearm to fruition. Named for the New Jersey town in which it was produced, the Colt Paterson solved a problem that gun designers had been trying to solve for centuries. Instead of reloading after every shot, the u…
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