Smith & Wesson PPK/S-1 .380 ACP Stainless DA/SA Pistol, 3.3 in Barrel, 7+1, Walther-Licensed, Made in USA
This U.S.-made Smith & Wesson PPK/S-1 stands out as a Walther-licensed .380 ACP with all-stainless construction, S&W-era extended beavertail, and classic red-dot/red-bar sights. It carries correct Walther and S&W Houlton, ME rollmarks, includes two factory Walther magazines, and is backed by a factory test date of 10-23-2003.
Condition
Overall Condition: Very good condition, showing only light, superficial signs of prior handling or use.
Bore Condition: Excellent - Clean, mirror finish, no signs of wear.
Rifling: Excellent Rifling - Sharp lands and grooves.
Specific Condition Notes: The action is smooth, and the trigger pull is crisp.
What’s Included
- Walther factory plastic hard case with Walther logo
- Walther PPK/PPK/S owner’s manual
- Smith & Wesson fired-case envelope (dated 10-23-03)
- 2x 7-round factory Walther steel magazines (one with finger-rest floorplate, one with flat floorplate)
Made in Houlton, Maine under license from Walther, this PPK/S-1 features period-correct markings: the right side of the slide bears the Walther banner and "Smith & Wesson Houlton, ME USA," while the left side reads "UNDER LICENSE OF Carl Walther Waffenfabrik Ulm/Do. Modell PPK/S Cal. 9mm kurz/.380ACP." The frame is stamped "PPK/S-1," and the barrel hood is marked ".380ACP."
The pistol uses a straight-blowback, DA/SA system with an exposed ring hammer. Controls include a left-side push-button magazine release and a slide-mounted safety/decocker with a red "fire" dot indicator. Capacity is 7+1 with the included single-column magazines.
Sighting is classic and highly visible: a fixed front ramp with a red dot pairs with a drift-adjustable rear notch carrying a red bar. The stainless slide has rear serrations and a matte, serrated top rib to reduce glare.
Both the slide and frame are stainless, complemented by black checkered two-panel grips with Walther banners. The S&W-era extended grip tang/beavertail enhances control. Barrel length is 3.3 inches, and the pistol is identified by mfg part number VAH38001 with a factory test date of 10-23-2003.




