Since the criteria are: 1) use the permit, 2) specific budget, 3) already have what you need. I suggest you use the permit on absolutely anything that you think is a bargain. Toss it in the safe, or resell it at a later date. Whatever funds remain use on ammo.

Actually there is a better chance of then dropping to a 10 round limit and then you slant have to worry about companies going 10 and full capacity only

Based on your criteria I would pick up a S&W 625 (.45acp) revolver.

 

 

This is a good idea. Great gun in a caliber you already shoot.

 

s&w 686

 

 

Great gun, everyone should own one.

 

You could get a new Ruger GP100 in .357 mag with that money and have some spare cash left over for a nice bit of ammo. Or you could try and find a used 686.

 

Another good idea. Great gun but the trigger is better on th 686. I have both, so I am happy.

 

You could also invest in a reloading press. That is something that gives back to your shooting budget or affords you to shoot more.

you could do the smart thing and buy alot of ammo for the guns you own already.

Here goes, 357- ruger sp101 4inch "kit gun", next, s&w 351c (22 magnum snubbie), S&W 317, All great guns that anyone in your family can enjoy, as for the snubbie it conforms to the first rule of gunfighting, have a gun!, around your house, and property it gives comfort to have something, this weighs next to nothing and will be there when the rest are snug in your safe, and yes I know nothing bad could ever happen to you but bad stuff happens to anyone, anytime, especially the unprepared and those in denial. ENJOY!