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 1851 Navy Revolver major success in the gun trade; the naval theme of the engraved cylinder of the Colt 1851 Navy revolver was Colt's gesture of appreciation. The engraving was provided by Waterman Ormsby. Despite the "Navy" designation, the revolver was chiefly purchased by civilians and military land forces. The .36 caliber (0.375–0.380 inch) round lead ball weighs 80 grains and, at a velocity of 1,000 feet per second, is comparable to the modern .380 pistol cartridge in power. Loads consist of loose powder and ball or bullet, metallic foil cartridges (early), and combustible paper cartridges (Civil War era), all combinations being ignited