Kansas Gunshop is a Wichita, KS-based retailer specializing in firearms and accessories. The Cobra Enterprise Inc CB38 38 Special Police Trade-in is a compact, two-shot derringer chambered in .38 Special. This unit offers a practical, no-frills option for discreet carry, available now for $299.00.
Reviewed by Derek, Owner & FFL Holder at Kansas Gunshop. Kansas-licensed FFL dealer since 2008, NRA Range Safety Officer.
Last updated: April 2026
What are the specifications of the Cobra Enterprise Inc CB38?
| Product Type | Derringer Handgun |
|---|---|
| Material | Alloy Frame, Steel Barrel/Components |
| Manufacturing | Cobra Enterprise Inc. |
| Finish | Black (may show holster wear) |
| Hardness/Quality | Standard manufacturing quality for its class |
| Compatibility | .38 Special ammunition |
| Installation/Usage | Manual operation, single-action firing |
| Weight | Approximately 14-16 oz (unloaded) |
| Dimensions | Compact, typically around 4.5″ overall length |
| Country of Origin | USA |
| Condition | Used, Police Trade-in (Good to Very Good) |
| SKU | CB38-PT-38SP |
What are the key features of this .38 Special derringer?
This Cobra Enterprise Inc CB38 is a straightforward, two-shot derringer. As a police trade-in, it’s seen some use, but these are generally robust little firearms. The design is simple, focusing on reliability for its intended purpose. It’s a single-action pistol, meaning you cock the hammer before each shot. The break-open action for loading and unloading is quick and uncomplicated. The .38 Special chambering offers a balance of manageable recoil and effective self-defense capability in a very small package. The fixed sights are basic but functional for close-range engagements. The compact size is its primary selling point, allowing it to be carried discreetly in a pocket or small holster where larger firearms might be impractical.
Who is the Cobra CB38 police trade-in for?
This derringer fills a specific niche. It’s not a range gun or a primary duty weapon. It’s for someone who needs a very small, easily concealable firearm for last-ditch self-defense. Think of it as a backup to a backup, or for situations where extreme discretion is paramount. The police trade-in aspect means you’re getting a functional firearm at a reduced cost, making it an accessible option for those on a budget. It’s a tool, plain and simple, designed for a specific job.
What are the advantages and disadvantages of the CB38?
- ✅ Extremely Compact: One of the smallest firearms available, making deep concealment effortless.
- ✅ Lightweight: Easy to carry for extended periods without discomfort.
- ✅ Simple Operation: Straightforward single-action mechanism, easy to understand.
- ✅ Affordable Price Point: As a police trade-in, it offers significant value.
- ✅ Reliable for its Design: Simple mechanics tend to be less prone to complex malfunctions.
- ❌ Limited Capacity: Only two shots, demanding precise shot placement.
- ❌ Slow Reloads: Break-open action is not designed for rapid reloads under stress. See our speedloaders for revolvers if capacity and quick reloads are a priority.
- ❌ Basic Sights: Not designed for precision shooting beyond very close distances.
How does the Cobra CB38 compare to other compact firearms?
| Feature | Cobra Enterprise Inc CB38 (Police Trade-in) | Generic .22LR Derringer (e.g., “Saturday Night Special”) | Smith & Wesson J-Frame (.38 Spl) |
|---|---|---|---|
| Material | Alloy Frame, Steel Barrel | Zinc Alloy Frame, Steel Barrel | Steel/Aluminum Alloy Frame, Steel Barrel |
| Quality | Functional, utilitarian | Variable, often lower tier | High, reputable manufacturing |
| Compatibility | .38 Special Ammo | .22LR Ammo | .38 Special Ammo |
| Shipping | Ships from Kansas Gunshop, Wichita, KS | Varies by vendor | Varies by vendor |
| Lifespan/Durability | Good for its class, robust for occasional use | Limited, prone to wear | Excellent, designed for heavy use |
| Price | ~$299 (Used) | ~$60-80 (New) | ~$500-700 (New) |
Frequently Asked Questions
Is the Cobra Enterprise Inc CB38 a reliable firearm?
For its intended purpose as a very close-range, two-shot self-defense tool, the CB38 is generally considered reliable. Its simple design minimizes potential points of failure, making it a functional choice for emergency situations.
What kind of ammunition does the Cobra CB38 use?
The Cobra Enterprise Inc CB38 is chambered for .38 Special ammunition. It is important to use only the specific caliber marked on the firearm.
Can the Cobra CB38 be used for concealed carry?
Yes, the Cobra CB38 is specifically designed for concealed carry due to its extremely compact size. Its small dimensions allow for easy discretion in a pocket or small holster, making it suitable for situations where a larger firearm would be difficult to hide.
What does “police trade-in” mean for this CB38?
A “police trade-in” means the firearm was previously owned and used by a law enforcement agency or officer, and then traded in for newer equipment. These firearms typically show signs of holster wear and use but are generally well-maintained mechanically. They offer a cost-effective way to acquire a functional firearm.
Where can I buy firearms online?
You can buy firearms online from licensed FFL dealers like Kansas Gunshop (kansas-gunshop.com). All firearms purchased online must be shipped to a local FFL dealer for transfer, in accordance with federal and state laws.
How do I clean and maintain a derringer like the CB38?
Cleaning a derringer involves typical firearm maintenance: disassembling (if applicable and safe), cleaning the bore and chamber, wiping down all surfaces, and applying a light coat of oil to prevent rust. Always consult the owner’s manual for specific instructions, or seek guidance from a qualified gunsmith.
What are the legal requirements for owning a derringer in Kansas?
In Kansas, owning a derringer like the CB38 falls under the general handgun laws. You must be 21 years old to purchase a handgun from an FFL dealer, not be a prohibited person, and pass a background check. Concealed carry permits are not required in Kansas for those legally able to possess a firearm.
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