This project was conceived in 1983 with production models beginning in 1984. As with the other P7 models, the lead designer on this project was Helmut Weldle. This was a significant design change for the P7 series, because in 9mm and other caliber P7s, the barrel was not removable
Records indicate that there are 64 models in what are called Vorserie, or prototype series. They number in range from 8701-8764.
Production for non-U.S. consumption started with serial number 101, and for the U.S. started with 001.
Currently the most expensive variant of the P7 series, due to limited production numbers and numbers imported into the USA, it goes for $1500 and up for a P7 K3 in either caliber, with the .22LR Kit (Slide, Barrel and Magazine) going for $1500 and up also. The individual factory barrel kits in either 9mm kurz or 7.65mm currently go for $500 and up. A complete set of all calibers in the box recently sold for over $3500!
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