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 and sold to the civilian market. The largest group of U.S. Colt Cavalry revolvers was inspected by David F. Clark, his D.F.C. cartouche being encountered on revolvers inspected from 1880 to 1887. During 1893, the .45 U.S. Colt Single Action Army revolver was retired by the Cavalry and replaced by the .38 caliber Colt Model 1892 Double Action Army revolver. The .45 Single Action Army revolver was still standard issue to the Infantry, Artillery and other branches of the U.S. Army. In 1895–1896, the U.S. federal government returned 2000 SAA revolvers to Colt to be refurbished; 800 were issued to