The Blued Colt Cobra Revolver 38 Special first issue is worth between $125 and $150, as of 2014. The revolver was manufactured between 1950 and 1971 by Colt Manufacturing Company.
The gun weighs 15 ounces and has a barrel length of 2 inches. The cylinder holds six .38 caliber bullets. The Cobra also comes in .32 and .22 caliber models. This revolver is primarily a collector's item and can be bought at auctions or from the shops of arms dealers. A notable user of the Colt Cobra includes Jack Ruby, who used the gun to kill Lee Harvey Oswald, the assassin of John F. Kennedy.