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Hello. The "PZ" in the serial number indicates that it was made in 1981. It is one of the "classic" style Hi Powers albeit with a spur hammer rather than the ring hammer of guns made until circa 1970 or so.
It should say "Made in Belgium" only. I don't believe that the "Assembled in Portugal" came until later, but being only a shooter and not a collector, I cannot say for sure on this, but I think that the "Made in Belgium/Assembled in Portugal" markings first arrived around '88.
The gun came stock with checkered walnut stocks, and the smallish fixed sights common to the Hi Power for many years. It will have the old style "humped" feed ramp. That means that it may balk at feeding some JHP ammunition. If it does, usually Federal 115-gr. JHP or Remington's 115 and 125-gr. JHP's usually feed. (The latter are sold under Remington's "Express" designation and are not the Golden Sabers. I've not tried those in an older gun so I cannot speak to how well that might/might not feed from personal experience.)
This Hi Power has a forged frame and should be a bright polished blue on the frame and slide. I cannot say for sure w/o actually looking at the pistol, but if you prefer the classic style Hi Power, $500 does not seem unreasonable to me. Older versions pre-dating the Mk II and Mk III pistols will only get harder to find over time. For a shooter, I'd still prefer the current Mk III, but other folks prefer the older versions of this classic design.
Good luck and if you purchase the gun please let us know how you like it and share your observations.
Best and welcome to the site.
It should say "Made in Belgium" only. I don't believe that the "Assembled in Portugal" came until later, but being only a shooter and not a collector, I cannot say for sure on this, but I think that the "Made in Belgium/Assembled in Portugal" markings first arrived around '88.
The gun came stock with checkered walnut stocks, and the smallish fixed sights common to the Hi Power for many years. It will have the old style "humped" feed ramp. That means that it may balk at feeding some JHP ammunition. If it does, usually Federal 115-gr. JHP or Remington's 115 and 125-gr. JHP's usually feed. (The latter are sold under Remington's "Express" designation and are not the Golden Sabers. I've not tried those in an older gun so I cannot speak to how well that might/might not feed from personal experience.)
This Hi Power has a forged frame and should be a bright polished blue on the frame and slide. I cannot say for sure w/o actually looking at the pistol, but if you prefer the classic style Hi Power, $500 does not seem unreasonable to me. Older versions pre-dating the Mk II and Mk III pistols will only get harder to find over time. For a shooter, I'd still prefer the current Mk III, but other folks prefer the older versions of this classic design.
Good luck and if you purchase the gun please let us know how you like it and share your observations.
Best and welcome to the site.