MANUFACTURER · UPDATED MAY 16, 2026
Used Llama Values 2026:
Used Llama Values 2026:
Every Model, Every Caliber.
Llama-Gabilondo y Cía was founded in 1904 in Eibar, Spain. Llama was famous for producing 1911-pattern pistols (essentially scaled-down Spanish-made Colt clones in .22, .32, .380, 9mm, and .45 ACP), as well as the Llama Comanche revolvers (small-frame competitors to S&W K-frames). The original Llama factory closed in 1992. The trademark is currently held by Fanarmas in Spain, with limited new production. Pre-1992 Llama 1911-style pistols remain common on the U.S. secondary market.
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1911-Pattern Pistols (Original 1980s-90s Production)
Llama's signature 1911-derivative pistols.
Comanche Revolvers
Llama's mid-frame double-action revolvers.
Modern Production (Fanarmas Era)
Limited modern production under the Fanarmas brand.
Limited Editions / Vintage
Vintage Llama production and engraved variants.
Llama Value FAQ
Are old Llama 1911s safe to shoot?
Generally yes — Llama produced robust 1911 designs throughout the 1970s-90s. They're slightly scaled-down from the standard 1911 dimensions (notably the Mini Max and Compact variants). Magazines are often Llama-specific. Parts availability is challenging since the factory closed in 1992.
Why do Llamas sell so cheap on the used market?
Discontinued production (since 1992) means warranty service is unavailable, parts are scarce, and magazines are hard to find. The brand has the reputation as 'budget Colt clones' from the 1980s. Used Llama 1911s typically run $200-500.
Are Llama .380s collected?
The Llama IIIA .380 ACP (essentially a scaled-down 1911 in .380) has a small but loyal following. Original examples in good condition with original magazines trade $300-450. Considered desirable for the unusual scaling and Spanish craftsmanship of the era.
Is modern Llama (Fanarmas) production worth buying?
Limited distribution in the U.S. Most modern Llama production is for the European and Latin American markets. The Mini-Max and Max-II are functional but trade well below comparable U.S.-made 1911s. Most U.S. buyers seek out the original 1970s-1990s production instead.
