Manufactured by Walther to commemorate 50 years of Model PP production. Features standard blade and notch sights, 60 degree safety/decocking lever, and gold washed small parts. The slide has gold wire inlaid 50th anniversary commemorative markings on the left side and as "W175 von 500", "Cal. 9mm kurz" on the right. Fitted with oak leaf and acorn carved grips with the Walther banner at the top. Includes an oak leaf and acorn carved display case with a green felt interior, test target numbered to the gun and two extra magazines (one of which is an incompatible PPK magazine).

Very fine, retaining 97% plus original blue finish and 98% original gold finish with some flaking on the hammer, some slide retraction marks on the barrel, speckling of gray on the grip straps, and other general handling marks. Grips are very good with high edge wear and most of the original finish remaining. Mechanically excellent. Case is very fine with some minor storage and handling marks.