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This was likely just a coincidence, but either way, Schrade-Walden took the Old Timer name and made it their own.
The Old Timer line as we know it today was first produced by Schrade-Walden in 1959 with the 2OT, a Barlow knife with the name Old Timer stamped on the button bolster. The original Old Timer 2OT as seen in a post on Blade Forums Although we commonly associate the line with Schrade, Old Timers were also put out by another arm of the Imperial Schrade Corp: the Ulster Knife Company.
Even after 55 years, Old Timer knives remain popular, whether it's because the name itself means so much to so many people or the knives still carry a lure in their appearance and construction (probably a bit of both).In late 1960, the Ulster 58OT was produced, and the Ulster 50OT was made available in 1961.Here's a great excerpt from a thorough Old Timer article by Larry Vickery that lays out some of the earliest models, including those from Ulster.Despite the enduring legacy of a brand commonly associated with quality and dependability, Old Timer has been on a long, winding road with many obstacles along the way.In this article, we'll talk about the storied history of Old Timers, give you a quick breakdown of some of the most important Old Timers ever made, and offer up a comparison chart.