This is a fabulous example of an engraved Walther PP pistol in the very desirable "22 LR" caliber. The serial number range of this Walther PP pistol falls right in line with other pre-war Walther PPs also produced in 22 LR as shown on pages 72-75, Volume I, of "Walther Models/PP and PPK pistols" by James Rankin. These 22LR pistols were manufactured throughout production for both the PP and PPK models but on a very limited basis and are always desirable. As noted this exceptional pistol, has a beautiful and very traditional Germanic "Oak Leaf and Acorn", engraving that covers 98% of the entire pistol combined with a geometric engraving pattern. This pistol has the standard fixed sights, with the left side of the slide marked with the Walther Banner followed by "Waffenfabrik Walther, Zella-Mehlis (Thur)/Walther's Patent Cal.22" followed by "Mod PP". The right side of the slide, chamber area and front end of the barrel are correctly stamped with the "Crown/N" Commercial proofs. Interestingly enough the Walther factory engraved the serial number on the lower right side of the pistol frame under the right grip. Clearly indicating that this engraver wanted to utilize as much frame surface as possible, certainly a unique feature. It has a matching partial serial number (076) hand scratched on the inside of the slide. This pistol is complete with the post-war blue leatherette covered Walther presentation case that has the maroon felt lining. Inside the lid it has the large "WALTHER" logo inside the banner and inside the case it has a separate compartment for the one finger rest magazine. Included with an unmarked brown leather PP holster. With a signed copy letter from author James Rankin who states "Walthers that are found with serial numbers under the grip plate are fully engraved".

Very fine as custom embellished with 98% plus of the blued finish overall, with a hint of edge wear on the front of the slide. The markings and engraving is sharp and distinct. The grips are also very fine with nice sharp distinct checkering and markings. The Walther case is in exceptional condition, with only a few minor scuffs/wear spots on the edges/corners of the lid. The hinges and lock are all in excellent condition. The holster is good with scuffs and tight stitching. An attractive example of a highly desirable post-war engraved Walther Model PP pistol in the highly desirable .22 LR caliber.