NE - GOOD- in working condition, wear on working surfaces, finish 40% - 79%, no broken parts, no corrosion or pitting that will interfere with proper functioning, but may have some minor surface pitting. Wood condition commensurable with percent of finish with dings and dents associated with 40% - 79% gun.

WW - WOOD IS WORSE FOR THE PERCENT FINISH RATING GIVEN

Bavarian Police "ByP" marked frame (struck out). Walther markings obscured/defaced. Valley Gun import marked. Includes hand numbered factory box.

NC - FINE- All original finish 90% - 94% or better, some dings in wood wear commensurable with percent of finish. In working order.

"JW 1554" (Justiz Wache, or Justice Guard) Austrian Ministry of Justice marked front strap. CAI import marked. Includes hand numbered box.