Manufactured in 1981 in Germany and imported by Interarms, this P-38 shows 80% plus coverage of fine engraving, chiefly in a traditional German oak leaf pattern with punch dot backgrounds, as well as scroll accents and panels of diamond/checkerboard patterns. Aside from the red and white filler on the safety positions and sights, the bright bore, and a few of the internals, the finish is entirely gold, including both magazines, with a pair of checkered white plastic grips. Included with the pistol is a blue leatherette case with red felt inner lining and the "WALTHER" banner inside the lid, a Walther "wood grain" box numbered to match the pistol, and a pair of custom checkered walnut grips.

As new, with 99% plus gold finish, showing a few minor handling marks overall.