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Walther's flagship pistol for the past century has been the PP series handgun and for good reason. It is both old-school cool and often overrated. 

The background of the gun is well established. Fritz Walter, the heir to the famed Carl Walther rifle works, moved in the early 1900s to expand the company into handguns with a line of simple blowback pocket pistols to compete with models like the Colt Vest Pocket and Pieper Bayard. Moving to more advanced designs using a workable single-action/double-action trigger system by the 1920s, the Polizei Pistole, or PP series, soon became a smash-hit, despite the fact it was twice as much as the company's earlier models.