There is nothing as nice as oiled cocobolo. Unfortunately that wood was recently placed (June 2013) in CITES Appendix 2 status, which limits its export to finished goods. The closest replacement is likely moradillo, or old-fashioned black walnut.
Most varieties of rosewood and several other exotic tropical woods are also import restricted. I like walnut and goncalo alves if the wood is figured. most of the recent GA grips I've seen have nearly no figure or grain.
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