The Llama M87 was Gabilondo y Cia’s high-end competition pistols based on the M82 action, and made in both 9mm Parabellum and 7.65mm Parabellum. This was mechanically a copy of the Beretta 92 system, and it was adopted in basic form by the Spanish Army. For the commercial market, Gabilondo took all the upgrades that were being popularly made to IPSC competition pistols, and put them all in place as factory features for the M87. This included good adjustable sights, and excellent trigger, flared magazine well, single-action FCG with an ambidextrous slide-mounted safety and also a frame-mounted safety, extended barrel, and extended beavertail tang. This made for a very good pistol, but at a very high price ($1450 in the late 1980s). It never saw much commercial success, and the Assault Weapons Ban of 1994 finally killed it commercially, as its magazines could no longer be imported.
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