I have a 2nd Gen. Colt's 1860 Army, with the fluted cylinder. I bought it back in 2007 NIB for $750. I also had a 2nd Gen. Walker that was NIB, I stupidly sold it for $500, now everyone I see the seller is asking $1,200+. I wonder if they are selling for that?
The 2nd Gen. Colt's are finished beautifully. My 1860 has some of the prettiest color case hardening I have seen on a revolver, and the bluing is awesome as well. The action and trigger are perfect, just as smooth and good as my 3rd Gen. Colt's SAA, and my USFA SAA's. I completely consider them Colt's, as far as I am concerned I own a "real" Colt's belt pistol of 1860. Now I want to pick up another Walker. I've fired the 1860 quite a few times, it handles and points just as nice as an SAA, very light too compared to my Uberti Walker.
Jared