Starting at the beginning, all Colt commercial AR rifles appear to have had an "SP" prefix serial number.
The "51" is simply the first numbers of the serial number.
I seem to recall that Colt stamps the first two numbers of the serial with the SP and that allows setting up the roll stamp to only have to change for the last digits for almost 10,000 rifles.
There may be a slight off-set of the SP51 and the rest of the numbers.


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