Selected Handgun Detail

Manufacturer
	Smith & Wesson More Info

About the Gun

ased on earlier .32 caliber Hand Ejector designs (including the post-WWII .32 Regulation Police Model 30 and pre-war M&P .32 Hand Ejector variants). Features squared-butt walnut grips with silver medallions. Equipped with a serrated ramp front sight and square-notch rear sight milled into the topstrap. The -1 designation indicates the switch to the J-frame (from the prior Improved I-frame) starting in 1961.

Production

Production of this firearm occurred between 1961 and 1988.

Market value

For this gun, the MSRP is not readily available as it’s discontinued. Used market value in 95% condition is approximately $400-$500.

Cartridge Specifications
Cartridge:	.32 S&W Long
Alias:	.32 Smith & Wesson Long
More Info

Analysis

The Model 31-1 represented Smith & Wesson's final production iteration of the .32 S&W Long Regulation Police revolver on the J-frame platform, manufactured from 1961 until discontinuation around 1991. Standard barrel lengths included 2", 3", 3.25", and 4" (with occasional 4.25" examples), all pinned and featuring a full underlug on longer barrels. Available in blued or nickel finish, it maintained fixed sights and a six-shot cylinder suited to the low-pressure .32 cartridge. While overshadowed by higher-volume .38 Special J-frames like the Model 36, the 31-1 appealed to users prioritizing reduced recoil, lighter weight, and a slimmer profile for concealed carry or backup use. Its forged construction and reliable double-action trigger contributed to consistent performance with a range of .32 S&W Long ammunition, though modern .32 H&R Magnum loads are not recommended due to frame stress considerations. In the current collector market, examples retain steady interest among S&W small-frame enthusiasts, with condition and original finish driving most value variation.