What is my Walther PP/PPK Worth?
The Walther PP and PPK pistols inspired an entirely new category in the firearm industry: concealed carry pistols. These Walther pistols were innovative and unique for its design and was among the world’s first successful double-action semi-automatic pistols introduced to the market. They are still manufactured by Walther and have been widely copied throughout the years. It has been a favorite of covert government agencies across the world, a favorite for undercover law enforcement and a Hollywood darling that armed both heroes and villains. Perhaps, the most famous fictional character to wield this famous pistol is agent 007, James Bond. The Walther PPK was the weapon of choice for Bond from the films Dr. No to Tomorrow Never Dies and was used by just about every actor to portray the secret agent on the big screen. But beyond, movie, TV and books, the gun was innovative for its features, caliber, magazine capacity for its size and the the ability to conceal with ease.
Among the variants available in this series are the Walther PP, PPK, PPK/S, and PPK/E models. For Walther to execute this revolutionary concept, this series of pistols took all the modern advancements available during 1930 and combined them into one performance leading pistol. These Walthers feature a double-action/single-action trigger that de-cocks when rotating the safety down into the safe position, a feature first introduced by Walther.
During WWII, Walther armed some Nazi forces with its PP and PPK pistols and were stamped with a Nazi eagle crest. Nazi stamped Walther PP and PPK pistols are substantially more valuable than those without the Nazi eagle stamping. Their value can be double or more than a Walther without the Nazi stamp dependent on functionality, accessories and condition.
These Walther pistols were readily suited for undercover and intelligence work where concealability was essential. It was compact, reliable and of reasonable stopping power for its size and caliber. In addition to British MI5 and MI6, the PP series pistol has been used by German BND, Frances’ SDECE, Israel’s Mossad and Switzerland’s Intelligence and Security Service.
A major factor on determining value for any firearm comes from the condition of the gun. If it is in mint condition with little finish wear from handling, the gun can retain a good portion of its retail value. If more usage is apparent and the gun has scuffs, dents or scratches on the slide or polymer lower, the value will lower with each imperfection. Same goes with the metal parts, the more scratches and faded bluing finish that becomes present on the gun from handling and usage can greatly diminish its value. The takeaway is that as the condition of the firearm worsens, the less it will be worth when re-sold.
Another factor that contributes to a re-sale value is what accessories comes with the gun. Depending on the amount of magazines, their capacity and if it comes with all original packaging/case and accessories, the re-sale value can increase from 10 – 20 percent depending on the specific model.
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