Which One???

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I'll try to give you a straight answer.

The Agent and the Cobra are essentially the same gun.
Both are an aluminum framed version of the Colt Detective Special.

In the 1950's, the steel Detective Special and the aluminum Cobra still had the old style long, full grip frame.

The Agent was intended to be a deep concealment, minimal hand gun, but would still shoot the .38 Special.
To enable this, the Agent's grip was shortened to a "stubby" type to keep the size as small as possible.

Later, in the 1960's, Colt changed all their small frame revolvers to the stubby frame as a cost savings.

At this time, the Cobra and the Agent were different only in the markings on the barrel, and the Agent's smaller grips.

Since the two guns were basically exactly alike, the Agent was finally just dropped from the line in 1986.

There are two types of Agent's.
The first type was produced from 1955 to 1972. This model has the exposed ejector rod and the old style "skinny" barrel.

The second type was made from 1972 to 1986. This model has the late style heavy, shrouded barrel.

A First type Agent is worth about $325 or so in 95% condition.
A Second type Agent is worth about $300 in 95%.

A Cobra is worth "about" the same.

There were more Cobra's made than Agent's, but this isn't reflected in the price.

There are three types of Cobra's.
The First was made from 1950 until sometime in the 1960's. This is the version with the long grip and the exposed ejector rod.

The Second type was made from the 60's to 1972. This model has the "stubby" grips frame, and still has the skinny barrel and exposed ejector rod.

The Third type was made from 1972 to the mid-1980's. This model has the new heavy, shrouded barrel.

Bottom line: Although there were fewer Agent's made than Cobra's the actual price is about the same.
 
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