EQUIPMENT
Balthier's default weapons are Guns, but in FFXII the character aren't restricted to their default arms alone. You can choose to teach your partymembers whichever weapons you desire, be it longrange like bows or closecombat like katanas or daggers. I've taken Balthier down on the licenseboard towards the hammers and axes. I've always been one for brute strenght and if levelled properly he most often doesn't do halfbad damage with the one-hand closecombat weapons.

It's hard denying Balthier looks mighty cool as a gunslinger and since it is his default weapon, here is a list of all the guns that can be found throughout Ivalice. An interesting fact is that they are all named after stars!

The Guns in FFXII
Name LP Attack Cost
Altair 30 +6 500
Location: Rabanastre, Bhujerba, Nalbina, Balthier's default weapon
Capella 30 +10 1400
Location: Rabanastre, Bhujerba
Vega 40 +14 2400
Location: Rabanastre
Siris 40 +18 4000
Location: Rabanastre, Jahara
Betelgeuse 50 +22 5400
Location: Mt. Bur-Omisace, Jahara, Nalbina, Ranabastre
Ras Algethi 50 +26 7000
Location: Rabanastre, Labina, Mosphoran Highwaste
Aldebaran 60 +30 10000
Location: Phon Coast, Archades
Spica 60 +34 13000
Location: Balfonheim
Antares 80 +39 16000
Location: Balfonheim
Arcturus 80 +44 19800
Location: Sell Yensa Fin x2, Wyvern Wing x2, Salamand Halcyon x1 to Bazaar
Fomalhaut 150 +50
Location: Treasure in Cerobi Steppe, The Lhusu Mines, the Pharos

Like all ranged weapons in FFXII guns require you to equip ammunition. Most of them are elementally based but some also add status effects. The following ammunition can be found throughout the game;
Gun Ammunition
Name Element/Effect Attack Cost
Onion Shot +1 100
Location: Nalbina, Jahara, Mt. Bur-Omisace
Silent Shot Silence +1 1680
Location: Sell Fish Scale x2, Green Liquid x1, Dark Stone x 3 to Bazaar.
Aqua Shot Water Element +3 2980
Location: Sell yensa Scale x1, Green Liquid x3, Water Stone x4 to Bazaar.
Wyrmfire Shot Fire Element +3
Location: Back to Barheim sidequest reward.
Mud Shot Earth Element, Blind +2 9080
Location: Sell Ichton Scale x4, Silver Liquid x5, Wind Crystal x7 to Bazaar.
Windslicer Shot Wind Element +4 15200
Location: Sell Ring Wyrm Scale x4, Silver Liquid x5, Wind Crystal x7 to Bazaar.
Dark Shot Dark Element +4
Location: Hunt reward for Rank V. The Black Sorcerer
Stone Shot Petrify +4 15000
Location: Srell Mirror Scale x2, Tyrant Bone x2, Libra Gem x3 to Bazaar