▁in ▁ 1 9 5 3 . ▁The ▁S istema ▁Col t ▁ 1 9 2 7 ▁was ▁manufact ured ▁until ▁ 1 9 6 6 , ▁out l iving ▁its ▁intended ▁successor ▁by ▁more ▁than ▁two ▁dec ades . ▁ ▁The ▁company ' s ▁history ▁dates ▁back ▁to ▁ 1 9 2 9 , ▁when ▁two ▁Sp ani ard ▁entrepr ene urs , ▁Art uro ▁Ball ester ▁and ▁Eugen io ▁Mol ina , ▁established ▁a ▁branch ▁of ▁His p ano - Su iza ▁in ▁Buenos ▁Aires . ▁Years ▁later , ▁H AF D AS A ▁h ired ▁two ▁engine ers , ▁French man ▁R or ice ▁R iga ud ▁and ▁Carlos ▁Ball ester – M ol ina , ▁a ▁relative ▁of ▁the ▁found ers . ▁R iga ud ▁became ▁the ▁chief ▁designer ▁of ▁the ▁firm , ▁while ▁Ball ester – M ol ina ▁was ▁appointed ▁chief ▁executive ▁officer . ▁ ▁As ▁the ▁Ball ester – M ol ina ▁was ▁designed ▁to ▁serve ▁alongside ▁the ▁Mod elo ▁ 1 9 2 7 ▁that ▁was ▁currently ▁in ▁Argent ine ▁service , ▁it ▁be ars ▁a ▁striking ▁res embl ance ▁to ▁the ▁Col t ▁M 1 9 1 1 A 1 . ▁The ▁Ball ester – M ol ina ▁and ▁the ▁M 1 9 1 1 ▁share ▁an ▁identical ▁seven - round ▁magazine , ▁bar rel , ▁re co il ▁spring , ▁and ▁bar rel ▁b ushing . ▁Although ▁many ▁other ▁parts ▁appear ▁identical ▁at ▁first ▁glance , ▁they ▁are ▁not ; ▁only ▁the ▁bar