• Developed by Smith & Wesson and introduced along with its Military & Police Model revolver in 1902, this was originally a military cartridge intended to replace the unsatisfactory .38 Long Colt then in use by the Army. Colt brought out its own version of the .38 Special in 1909, which differs from the original only in bullet shape, being a flat-point style. The .38 Special is considered one of the best-balanced, all-round handgun cartridges ever designed. It is also one of the most accurate and very widely used for match shooting.