Part of the initial run of Walther's military P.38s, the Zero Series served to "fine tune" the Walther HP to Wehrmacht specifications and was an important stage in the pistol's development. Finished in a high-polish blue, the pistol is fitted with fixed sights (rear painted red), a round firing pin, and an exposed extractor. The slide is marked with the Walther banner and "P.38" on the left, with "eagle/359" proofs on multiple components, matching full numbers on the slide, frame and barrel lug, and matching partial numbers on the locking block and inside the "Cewe/480" marked grips. The front of the barrel lug is stamped with an eight-pointed "star/asterisk," and the magazine is "P.38" and "eagle/359" marked. With a black leather flap holster.

Very good, with 40% plus of the blue finish, showing a mixed gray color along the right side of the slide and partially on the left, a mixed brown/gray patina on the barrel and front strap, irregular machining/wear around the front sight, and mild edge wear and handling marks overall. The grips are good, with some chipping near the toe of the right panel and a few mild ding. The holster is a good reproduction, with later Wehrmacht/Afrika Korps style stamps. Mechanically.