That Astros/Colt45s pennant is one of those pennants that always seems to be in very nice condition, making me think that there was a find of them some years after they made. I've never seen one that was really beat up. My Colt 45s (no Astros) is in pretty good shape, but has some wear.
I've seen the combo pennant sale at least 4 or 5 times, and it always does well, although all Colt 45s pennants sell for a strong price.
As for the name change, I've read that it had to do with moving stadiums, the press/prominence of the space age, NASA, and astronauts, as well as maybe the Colt Firearms company wanting to get in on the profits from merchandise.
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