One of a limited production of 500 commemorative pistols made by Walther for the 50th anniversary of the Model PP in 1979, with this example made in 1981. "IB" (81) date code Ulm antler proof and importer mark on the right of the frame. Includes the original Walther/Interarms black plastic case, an extra blued magazine, cleaning rod, bore brush, matching numbered factory test target, a Walther banner marked oiled walnut display case fitted to the pistol, and a matching numbered Walther certificate of authenticity dated "25. Juni 1981".

Excellent overall, retaining 99% plus original blue finish and gold finishes with limited handling evidence and crisp grip carvings. Mechanically excellent. The case is very fine.