Last Saturday I also had a chance to pick up this nice Walther PP shooter (for not a lot of money...rather obscenely cheap).
It is serial # 14899x P; which means it is part of the "million" series and may date from 1938 but not later than 1940. No import marks, no other marks, .32 ACP cal., and is all-steel construction.
It has a Crown/N proof mark on the right side of the frame below the ejection port and also on the right side of the barrel (visible at the ejection port); both in the "lazy" position.
Interesting wooden grips are most likely not factory and both are nicely engraved on the inside surface of each panel as " Made by Ernst A. Priebe - 1962 ".
Here are a few photos :
Regards,
Pete... <img border="0" alt="[typing]" title="" src="graemlins/yltype.gif" />