Colt Single Action Army was discontinued in 1999, as was the 4.75" variant, which was reintroduced in 2002. Manufacturing of the Colt Cowboy was discontinued in 2003. Colt engraved less than one percent of its first generation production of the Single Action Army revolver, which makes these engraved models extremely rare and valuable with collectors. Engraved pieces were often ordered by or for famous people of the day, including lawmen, heads of state, and captains of industry. This tradition began with the founder, Samuel Colt, who regularly gave such examples away as a means of publicity for Colt. Colt employed a number of engravers,
Colt Single Action Army Action Army, serial number 1, thought lost for many years after its production, was found in a barn in Nashua, New Hampshire in the early 1900s. It was chambered in .45 Colt, a centerfire design containing charges of up to of fine-grained black powder and a blunt roundnosed bullet. Relative to period cartridges and most later handgun rounds, it was quite powerful in its full loading. The Colt Single Action Army revolver, along with the 1870 and 1875 Smith & Wesson Model 3 "Schofield" revolver, replaced the Colt 1860 Army Percussion revolver. The Colt quickly gained favor over the S&W