A friend of mine recently acquired an original, low serial number Colt Navy from an Estate. The condition of the gun was fairly decent. When he carried it to the range to "target" it, he was in for a surprise. On the first round, he noted a puff of smoke issuing from the top of the barrel!!!!
What he had was a Colt Navy with a crack in the top of the barrel
HUH!!!
Now I had always assumed that Old Sam Colt had forged his barrel assemblies and then machined them to their final form, including drilling the bore, reaming and then rifling it. On this original Colt, it was obvious that the barrel had been lap welded by a blacksmith!!! The crack in the top of the barrel...one of the old lap welded joints had given away.
The crack in the lap weld st the top of the barrel probably explains why that Colt Navy was originally put away and not used by the original owner. Guess Old Sam Colt didn't have much of a Warranty program back then!