Exactly. The 1873 Colt SAA (and most 19th-century guns) weren't drop-safe AT ALL.
20th century wheelguns have either "hammer block" or "transfer bar" automatic safeties.
S&W hammer blocks prior to WW2 were somewhat second-rate. A shipboard accident that killed a sailor with one prompted a redesign. Some people don't recommend street carry of a pre-war S&W for this reason, or carry one "five up" if you must.
A hammer block works by positioning a piece of metal in front of the hammer which is only removed (read: slid down and out of the way) on a full and deliberate trigger press. Until then, the hammer can't hit the primer, period.
In a transfer bar gun, the hammer literally cannot directly hit the firing pin at all. On a deliberate full trigger press, a piece of metal called a "transfer bar" is slid UP into position, to where the hammer can hit the transfer bar and the transfer bar can hit the frame-mounted firing pin.
If a hammer block breaks, the gun will turn into a no-safety gun. If a transfer bar breaks, the gun will turn into a doorstop. In practice, neither breaks often enough to sweat it. Hammer block systems can use a mainspring up to 25% lighter than a similar transfer bar gun because in the hammer block system there's fewer bits of metal connected to the ignition process.
There are now three mass-market Colt SAA "near-clones" that have fully modern transfer bars: the Beretta Stampede, Taurus Gaucho and Ruger New Vaquero. Of the three the Ruger is the least Colt-like in terms of operation, because you can do all loading and unloading with the hammer fully down - just opening the loading gate frees the cylinder while locking the hammer and trigger. The others require half-cocking like a Colt SAA...but at least with the transfer bar they can't "go off half cocked" (and yeah, that's where the term comes from).
The Ruger 50th Anniversary 357 Blackhawk is built on the same Colt SAA-sized frame as the New Vaq but has adjustable sights. Same gun otherwise.
The EAA "Bounty Hunter" and Ruger "Old Vaquero" and other "New Model" Blackhawks/Superblackhawks are built on larger 44Mag-class frames (even when sold in smaller calibers) but are otherwise transfer-bar-equipped SA wheelguns.
Freedom Arms "97" series SAs have transfer bars fit for fully-loaded carry too. The 83 series has a hammer block system which FA seems to think isn't as safe as a transfer bar and they recommend carrying with hammer on an empty cylinder on the 83s.