Manufactured before the outbreak of World War II, the left side of the slide bears the traditional markings of "WALTHER" in a banner, "Waffenfabrik Walther, Zella-Mehlis (Thur.)/Walther's Patent Cal. 7,65 m/m" and "Mod.PPK", along with an etched circular "RZ/M", the logo of the Reichs Quartermaster Office. Over 95% of the surface is covered in finely executed engraving, chiefly showing a traditional German oak leaf and acorn pattern with punch dot backing, with feathered and dotted borders, checkerboard patterns on the trigger guard and chamber. Two gold inlays are also present, with an intertwined "AS" on the front strap just above the magazine well, and a golden Party Eagle on the right side of the slide. Equipped with a 90 degree safety and a set of checkered one-piece wrap around grips.

Very fine as professionally custom embellished, with 90% of the blue finish, showing a few areas of mixed brown and gray patina and light handling marks. A few tiny patches of pitting are visible, mostly on the front half of the slide and the frame around the trigger guard. The grips are very fine, with a tiny chip and crack on the left side just below the safety and a small amount of flexing at the top. Mechanically excellent.