
The trigger actions on these guns are rated as very high-quality, and the heavy-duty solid construction and weight tends to absorb recoil, making the Anaconda relatively easy to shoot with heavy loads.

Some models were factory drilled and tapped for telescopic sight mounting, while others shipped with recoil reducing Magna-Ported barrels. Anacondas came equipped with four, six, or eight inch barrels, neoprene synthetic rubber finger-grooved combat-style grips with nickel colored 'Rampant Colt' medallions, large target type hammers and triggers, as well as open iron sights with a red insert front and fully adjustable white outline rear. Initially marketed with a satin brushed stainless finish, a highly polished mirror-like option known as "Ultimate Stainless" was catalogued for a time through the Colt Custom Shop. Its fit and finish resembled an upsized King Cobra married to a ventilated-rib barrel reminiscent of the Python's. 44 Magnum cartridge, in 1993 the Anaconda began to be offered in. In 2021, Colt resumed production of the Anaconda, using a new design with a stronger frame and an oversized Python action. Anaconda revolvers were primarily marketed for sport enthusiast shooters and hunters, as they are too large for law enforcement general duty use or concealed-carry, although made-to-order limited production versions of the gun continued to be available from the Colt custom gun shop until approximately 2003. When originally introduced, Anacondas were plagued with poor accuracy, but changes to the barrels quickly corrected the problems to the point that Colt billed its new pistol as among the most accurate. Unlike most other pistols introduced in the 1980s and 1990s, the Anaconda was never offered with a carbon steel blued finish, but was available only in stainless steel. Considering that many of these models had been marketed and sold for fully 35 years upon its introduction, the Anaconda was a very late entry into the large-bore handgun market.

Redhawk and Blackhawk, and the Dan Wesson Firearms Model 44.

44 Magnum contemporaries such as the Smith & Wesson Model 29, the Sturm, Ruger & Co. Built on a new and heavier ‘MM’ frame, the Anaconda was brought out to compete with.
