BTW ,I put this here instead of the Cowboy Action Shooting as the main topic was 45Colts in early levers. The handguns kind of tagged along.
I was in Scheels awhile back in Johnston,Co.They had three Colts all chambered in 38-40 with a price tag of right at $3K. All pretty rough. Mine was a 1906 era production but had two serial numbers , the frame dated earlier and was a black powder number. The cylinder and barrel were a later date that accepted smokeless powder. Because of the two S/N's and the over sized barrel only got $1200 out of it. There was some question as to if it was sent back to the factory to be nickel plated or someone else did it.
This was my Marlin 94 lever I used in matches, in 38-40. John Walsh in Washington state relined it and I did the the new wood.I have another one coming in all original that was my fathers and Ruger Buckeye Special that is my brother's.