Description
Item Description
Bryant Ridge Co. is pleased to present this SCARCE semi-automatic pistol today for a penny-start auction; this is the FEG Walam 48 Pre Egyptian Contract.
SPECIFICATIONS:
Manufacturer: FEG / Imported by EPS Imports
Model: Walam 48 / PA-63
Serial: R-11264
Date of Manufacture: 1946-1950
Caliber: 7.65mm Browning (.32 ACP)
Finish: Blued
Barrel Length: 4"
Optics/Sights: Fixed U-Notched Rear w/ Fixed Front
Stock/Grips: Checkered Synthetic Two-Piece Grips
Action: Semi-Automatic
Markings: Standard / Lack of Egyptian Crest on the Slide, Importer marks on the bottom of the frame
Bryant Ridge's Analysis:
The FÉG Walam 48 “pre-Egyptian contract” in .32 ACP (7.65 Browning) is one of those under-the-radar Cold War collectables that checks multiple boxes at once: early post-WWII European production, a true Walther PP–pattern pistol, and a direct link to the export-contract story that made the Walam name famous. The Walam 48 lineage starts with FÉG’s 48M police pistol, produced in .32 ACP for Hungarian service as a high-quality PP-type replacement for older handguns—essentially “old-world” blued steel and practical double-action design in a compact, easy-carry package. That “pre-Egyptian” descriptor is collector shorthand for the earlier, non-Egypt-crest guns that precede (or stand apart from) the later Egyptian military contract variants, and it matters because it places your pistol in the original police/commercial-era stream of production rather than the more commonly discussed contract-marked narrative. What makes these .32 ACP pre-contract Walams desirable is the combination of scarcity-by-attrition and “right place in the timeline.” The Egyptian contract story is widely known—FÉG later pursued export sales after the domestic contract, including an Egyptian military order that is frequently associated with the Walam 48 name. But the earlier .32 guns are the foundation of the entire Walam saga, and they appeal to collectors who want the closest, most period-correct PP-style Walam without the later export-contract markings and variations. Mechanically, you’re getting a proven blowback DA/SA layout with that classic PP handling—slim, straightforward, and reliable with .32 ACP—while historically you’re holding a piece of Hungary’s immediate postwar effort to modernize sidearms before the platform’s export chapter took over the spotlight.
Contents:
Model: Walam 48 / PA-63
Serial: R-11264
Date of Manufacture: 1946-1950
Caliber: 7.65mm Browning (.32 ACP)
Finish: Blued
Barrel Length: 4"
Optics/Sights: Fixed U-Notched Rear w/ Fixed Front
Stock/Grips: Checkered Synthetic Two-Piece Grips
Action: Semi-Automatic
Markings: Standard / Lack of Egyptian Crest on the Slide, Importer marks on the bottom of the frame
Bryant Ridge's Analysis:
The FÉG Walam 48 “pre-Egyptian contract” in .32 ACP (7.65 Browning) is one of those under-the-radar Cold War collectables that checks multiple boxes at once: early post-WWII European production, a true Walther PP–pattern pistol, and a direct link to the export-contract story that made the Walam name famous. The Walam 48 lineage starts with FÉG’s 48M police pistol, produced in .32 ACP for Hungarian service as a high-quality PP-type replacement for older handguns—essentially “old-world” blued steel and practical double-action design in a compact, easy-carry package. That “pre-Egyptian” descriptor is collector shorthand for the earlier, non-Egypt-crest guns that precede (or stand apart from) the later Egyptian military contract variants, and it matters because it places your pistol in the original police/commercial-era stream of production rather than the more commonly discussed contract-marked narrative. What makes these .32 ACP pre-contract Walams desirable is the combination of scarcity-by-attrition and “right place in the timeline.” The Egyptian contract story is widely known—FÉG later pursued export sales after the domestic contract, including an Egyptian military order that is frequently associated with the Walam 48 name. But the earlier .32 guns are the foundation of the entire Walam saga, and they appeal to collectors who want the closest, most period-correct PP-style Walam without the later export-contract markings and variations. Mechanically, you’re getting a proven blowback DA/SA layout with that classic PP handling—slim, straightforward, and reliable with .32 ACP—while historically you’re holding a piece of Hungary’s immediate postwar effort to modernize sidearms before the platform’s export chapter took over the spotlight.
Contents:
This example will ship with a magazine.
Return Policy:
We gladly offer a 3-day unfired inspection policy from the time that the firearm is delivered to your FFL. Refunds are available for all qualifying orders.
Return Policy:
We gladly offer a 3-day unfired inspection policy from the time that the firearm is delivered to your FFL. Refunds are available for all qualifying orders.
Shipping Details
Handgun Standard Shipping with Insurance $50.00
Long Gun Standard Shipping with Insurance $70.00
Any orders placed with magazines that are not compliant with your state, county, or city regulations will not ship with your order.
We strive to ship orders within the close of the following business day after payment and documentation is received.
Payment Details
We accept all forms of Payment including Personal Check, Business Check, PO Money Orders, Certified Check, Etc.
Please note we place a 7 business day hold on shipment, for all non-certified payments.
Payment MUST be received within 14 days.
Return Policy
We gladly offer a 3 day unfired inspection policy from the time that the firearm is delivered to your FFL. Refunds are available for all qualifying orders.
Additional Details
Our #1 priority is customer satisfaction. We want to build a lasting trust in the relationship with our customers, so that you will always look to us for all your firearms needs. If you have any issues with your transactions please contact us, and we will work with you to resolve any issues you may have. We greatly appreciate your trust in us and we look forward to fulfilling all your future firearm needs.
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About Us
From a small town hobby, to a leader in the investment and collector grade firearms industry. Bryant Ridge Firearms is here to offer the best in quality and customer service when you are looking to unload your collector grade firearm collection. 
Additional Information
GunbrokerLink: |
https://www.gunbroker.com/item/1156003169 |
BidPrice: |
0.01 |
AuctionEndDate: |
2026-03-01 21:00:00 |
CurrentBid: |
342 |
SoldOutTime: |
2026-03-01 16:05:24 |
