.32 caliber has been relegated to the discarded heap of yesterday's choices. Along came the 32 H&R and gave some brief revival and, today, we have the 327 Federal. Neither are doing well. But, I like the .32s. I have four of them as follows: 32 S&W Long (S&W M31, 3"), 32 H&R (Vaquero 4 5/8", 327 Federal (SP101), 32-20 (Colt SA, 4 3/4"). I use the 100gr Speer HP in all of them. In the early 1900s, the .32s were a top choice and they still do an extremely good job, better with today's powders, brass and bullets.
Interestingly, they all shoot that bullet to 1,000 fps, + or - 100 fps. The much vaunted 327 Federal actually will push 1,250fps, however, the pressures are pushing the envelope. The 32-20 does the same velocity at lower pressure, but, has the advantage of a longer barrel. Of the 32s, I carry the M31 more often due to size and actual penetration testing on ballistic gelatin, although the 32-20 is the winner in that catagory and bests the 327, surprisingly.
So, I am about to have that Vaquero Birdshead converted to 32-20; it will be lighter than the Colt and should offer the same performance in a far more compact package. Off it goes -- tomorrow. Report to follow.