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Walther Model 5  

In 1913, Walther brought out the Model 5.  The Model 5 was little more than an updated and revised Model 2, and was also chambered for the 6.35mm Browning.  The Model 5 demonstrated higher standards of manufacture and finish than the Model 2, and indeed was the first small Walther pistol to garner international attention and acclaim.  As with

Walther Model 5
Walther Model 5
Image Credit:  Rankin, James L., Walther Volume III, 1908-1980, (Coral Gables, Florida, 1981) Page 41
the earlier guns, the Model 5 was blowback operated, with an enclosed slide and a knurled barrel bushing that served as both takedown latch and recoil spring retaining nut.  Earlier versions of the Model 5 had no sights, just a sight groove milled into the top of the slide, while later versions had fixed front and rear sights.  The Model 5 was approximately 4.25" long and weighed 9.5 ounces.  Magazine capacity was eight rounds.