Spanish, and other foreign copies can be an interesting sub-field of collecting. They usually don't cost much and few have a value that would approach an original S&W. The gun above is one of the more attractive examples, I'd say, and is probably woth as much as an original .38DA S&W. Non engraved, of course. Copies usually are consided as being in the same catagory as infringements, however there are some infringements that have more value than original S&Ws, especially those that are marked "Made for Smith & Wessom" and were so marked because the makers lost the patent infringement suits brought against them by S&W. Ed.