Walther PP Approx. Value ?

Caliber would probably enter in to it also.

Condition is everything when trying to get top dollar, and that one is "fair" only.
I would expect to see that gun tagged at $500-600 at a local show or shop, and that is assuming it includes an original, factory magazine.

Yes fair to good shape with aftermarket grips in .32 would be a 450-500

I would say somewhere between $500 and $600.

I collect Walthers and wouldn't pay $400 for that PP.

I sell Walthers and agree with Nighthawk, Bannockburn, and Gordon. $500 to 600 in a local sale, especially from individual to individual. A hundred less in a long distance sale with all the cost of shipping and transfer added. The aftermarket grips are hurting the value more than the condition, imho, and an original factory mag in very good condition would be necessary. Their prices have sky rocketed.

That’s pretty beat up for a West German police surplus pistol. $400 seems generous.

I can see no police property mark on the gun, no matter how much I enlarge it.

PzGren said:

I can see no police property mark on the gun, no matter how much I enlarge it.

Click to expand...

After the overzealous buffer got done I'm surprised there are any markings at all. I see the remains of an Ulm eagle mark in front of the slide serial number.

The lanyard loop is a big clue to it being surplus as you'll rarely see one on a commercial PP. It also dates to mid 70's not the 60's as the OP states.

Since there is no consensus as to value, I would suggest that the owner take it to his local LGS and see what they'll give for it. They won't offer more than half of what they could sell it for. My guess is they would offer $100-$125.

IMO anyone willing drop $500-$600 for a surplus gun is going to hold out for one in better condition. They aren't hard to find. In any case it'll be a good shooter and a ton of fun.