Could the critter under the crown be a lion instead of an eagle?
(Crown)/(Lion) was the mark of Italian proof house at Brescia.
Otherwise, it is a 1935 Beretta as issued to the Italian Air Force and Navy. A lot went to the Germans, most have a 4 UT stamp on them though.
The Italian Army issued the 1934 Beretta, same gun in 9mm Corto/.380 ACP.
I don't know about the PPR on the holster, probably the maker's mark.
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