I too am a fan of Colt Navy pistols. I went through a phase where I was shooting mostly Colt cap and ball revolvers, specifically the 1851 and 1861. I saw a new 1862 Navy for sale (6 ½”) locally and on a whim bought it. I really liked it. I had a few cap jam issues at first but after smoothing the safety slot on the hammer and the cones on the nipples it worked fine. Action was fairly smooth, and it shot just a tad high left. I liked it so much I bought another (5 ½” Police) from an online big box. Out of the box the action was very rough, so prior to shooting it I had a friend polish up the innards and put on new nipples. After that it shot well and was right on point of aim. I was starting to shoot these more than the 51s. I think the Police model is the best looking, but for me the Navy felt and shot best. So I bought another (5 1/2“Navy) to put away in case either of the others broke. After hefting the 5 ½ Navy I realized I liked the 6 ½ better, so I put the 5 ½ away without firing it and a year or so later ordered another 6 ½ when I saw one become available. I had read here and there that some folks had issues where they had to replace parts that wore out, so since I now had 4 of them, I purchased a spare wedge, trigger spring, bolt, and hand assembly from VTI, just in case. I really like these small revolvers. They shoot very well. I have found them to be cheap to shoot, easy to clean, very consistent and accurate, and dependable. I started having problems with my wrists to the point that I could not hold up a loaded 1851 after the 2nd shot. However, I was still able to shoot the 62s for about another year. I finally got rid of the 51s and 2 of the 62s. I’m keeping the 2 unfired 62s in the event I can get one of my wrists fixed in the coming months.
Good Luck and have fun!
R