Part of the initial run of Walther's military production P.38 pistols, the Zero Series served to "fine tune" the Walther HP to Wehrmacht specifications as an important stage in the pistol's development. These Zero Series pistols are very scarce compared to standard production P.38 pistols and have become extremely popular among collectors due to how they illustrate the important changes made during production of the model. This particular example is a third variant of that series, fitted with fixed blade front and notch rear sights, a round firing pin, a serrated takedown lever, and an exposed extractor. The slide is marked with the Walther banner and "P.38" on the left, with "eagle/359" proofs on various components, matching full serial number marked on the slide, frame, and barrel, along with matching partial numbers on the locking block and inside the grips. Includes a "P.38" marked and "eagle/359" proofed magazine numbered to another pistol.

Fine, retaining 70% plus original blue finish with scattered light edge wear, scattered minor spotting, finish loss on the slide, smooth brown/grey patina, and crisp markings. The grips are also fine with crisp checkering. Mechanically excellent.