Re: What's the difference?
What's the difference? Company that made it, mostly.
Pre-WW2 was German-made PPK, made by Walther. Post-WW2 is French-made. I don't know if the peace treaty forbad Germany from making guns (like the one ending WW1) or if it was because the Walther plant was now in East Germany. The guns were made by Manurhin. Some were assembled by them, and marked "Made in France", and sold as Manurhins. Some were shipped, as parts, to Germany where they were assembled by Walther. Since the parts weren't made in Germany, they did not violate any treaty, but they could mark them Walther and "Made in West Germany".
Gun Control Act of 1968 banned importation of many excellent guns by using size as a reason to forbid them. PPK was too small to come in. The PP, having a larger frame and holding one more round, was large enough to be imported. So Walther took a PPK barrel and slide and mounted it on a PP frame. This was large enough to import. It is the PPK/S. That, depending on who you ask, meant "PPK/States", "PPK/Special", or my personal favorite, "PPK/Stupid". Interarms was the importer of Walther pistols.
Later Interarms got permission from Walther to make the guns. Since they were being made in the US - not imported - they did not have to adhere to the stupid "Import Size Requirement", and Interarms made PPKs (they also made PPK/Ss, for some strange reason).
Nowadays, S&W is the official Walther US rep. They make the Walthers, now. And from what I hear, they aren't doing a good job of it.
In terms of desirability, and therefore value, people want the pre-wars (because they are REAL Walthers), then the post-war pre-GCA German-marked guns because most people think they are REAL Walthers, even though they aren't. The Interarms and the French-marked guns are next, because even though they are not REAL Walthers, they are usually good guns. The least desirable are the S&Ws, because, as I said, they have been having problems with them.
I, personally, don't see why anyone with a choice would buy a PPK/S. If you want the larger gun with more capacity, get a PP. If you want a smaller, concealable gun, get a PPK. But that damn hermaphrodite PPK/S is neither fish nor fowl nor good red meat, and the only purpose it has is to beat a law. It's like buying an AK47 with a thumbhole stock and a ten-round magazine. Why, when you can get the real thing?
12 or 13 years ago, I bought my PPK. Stainless Interarms. I've been quite happy with it. Paid, if my memory is good, 400, used.
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