This is an example of a scarce pre-war Swedish commercial contract Walther Model HP pistol with German commercial crown "N" proofmarks. This pistol has the early high polish commercial blue finish. The left side of the slide is marked with the Walther Banner, "Waffenfabrik Walther Zella-Mehlis (Thur)/Walther's Patent Cal 9mm", and "MOD HP". A commercial "crown/N" proof is on the right side of the slide and frame with the serial number correctly stamped on the inside of the slide and the front of the barrel. The locking block is marked "477". It has the correct external extractor. The pistol has the fat safety lever, thin rear sight and checkered takedown lever with square firing pin. The checkered black Bakelite grips are distinctly a Swedish pattern, and each one is marked on the inside with four mold or proof marks as follows: small circle with "CEWE" "480" maker's mark of a small "V7/MD/Z23" all in one proof over "1". It is complete with one original unmarked P38 style contract magazine.

Excellent with 95% of the blue finish overall with edge and high spot wear with some scattered minor surface scratches on the right side of the slide. The grips are very fine with nice distinct checkering on both sides. Mechanically excellent. This Swedish contract pistol has matching numbers except for the magazine as noted above.