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 but brought it back due to popular demand. The revolver was popular with ranchers, lawmen, and outlaws alike, but as of the early 21st century, models are mostly bought by collectors and re-enactors. Its design has influenced the production of numerous other models from other companies. The Colt SAA "Peacemaker" revolver is a famous piece of Americana. The original length of the barrel, issued to the U.S. Cavalry, was inches (with an overall length of 13 inches). Bound by the Rollin White patent () and not wanting to pay a royalty fee to Smith & Wesson, Colt could not begin