Semi-automatic pistol in .22-, .25-, .32- and .380-caliber. Introduced six months after Model PP in 1929. A more compact version of Model PP, with one less round in magazine. One-piece wrap-around checkered plastic grips in brown, black and white. Walther banner on each side of grips. Model PPK will be found with same types of finishes as Model PP, as well as same styles of engraving. Grips in wood or ivory are seen with some of the engraved models. As with Model PP, there are many variations of Model PPK and numerous NSDAP markings seen on pre-1946 models that were produced during the Nazi regime. All reflect various prices.