It's a Colt new service made in 1915. Odds are it was in .455 Ely, and converted to .45ACP later in life. Obviously the .45ACP original ones didn't come around until 1917, because they were developed for US use in WWI. Also the barrel is wrong for a 1917 because it's not a taper profile. New Services after the Great War went to the newer profile.
Since the sight is not original, somebody has definately worked on the gun. It's not too great a leap to assume that the gun was rechambered at the same time. This was very common with the .455 Ely New Services as .455 ammo became scarce. The conversion entailed simply machining off the rear of the cylinder so the gun would take half-moon clips. Take a close look at the cylinder face. You will probably notice some milling marks. A gun from Colt at the time wouldn't leave the factory with any marks there. Alternatively, it could be a .45 Colt that had the cylinder replaced with a 1917 cylinder. Either way the bore size is going to probably be .455 with that older style barrel. Pre-war the .45 Colts used .455, and post-war (WWI) they used .452. If you get erratic accuracy, like a flyer every once in a while, this could be the culprit.
Are there any other markings?
As for the emblem, it's just the coat-of-arms of the USA. Other than that, it has no significance other than someone wanted it on there. Military New Services, the M1917 and the M1909 will state which model and what service (U.S.Army, USN, USMC) on the bottom of the grip frame. You'll have to pull the grips off to see if anything is there with those grips.
The New Service frame was only used on the New Service and the Shooting Master. The later had adjustible rear sights, so you do indeed have a New Service. New Service serial numbers start at 1, in 1898, so ANY serial number is not too early.