Well, To actualy answer the question, the "Richards/Mason" conversions were the last example of conversions built by Colt. The First conversions, with loading gates, were "Richards" conversions, using an added recoil ring with the loading gate, rear sight and firing pin in/on the ring. The rammer was removed and an ejector rod assembly was added.
The first version of the Richards/Mason eliminated the integrated rear sight, placing the sight back on the hammer nose and eliminating the ring mounted rebounding firing pin and changing the layouot of the ejector rod housing.
The last version, inclued a new barrel assembly ("s" pattern) a completely new ejector assembly and retained the rear sight on the hammer. Once the existing black powder frames were gone, that was it for conversions. Done.
The next gun from Colt was built on an entirely new frame, but retained the "s" patern barrel and ejector rod from the last Richards/Mason developments. Thats a new gun, new story.
Actually, there was a bunch more history involved, but that's it in nut shell.
Coffinmaker