Index: subversion/libsvn_subr/opt.c
===================================================================
--- subversion/libsvn_subr/opt.c	(revision 15206)
+++ subversion/libsvn_subr/opt.c	(working copy)
@@ -498,13 +498,37 @@
 
       if (path[i] == '@')
         {
+          svn_boolean_t is_url;
+          int ret;
           svn_opt_revision_t start_revision, end_revision;
 
           end_revision.kind = svn_opt_revision_unspecified;
-          if (svn_opt_parse_revision (&start_revision,
-                                      &end_revision,
-                                      path + i + 1, pool)
-              || end_revision.kind != svn_opt_revision_unspecified)
+
+          /* URLs and wc-paths get treated differently. */
+          is_url = svn_path_is_url (path);
+
+          /* If empty peg-rev was attached to URL target, then assume HEAD. */
+          if (path [i + 1] == '\0' && is_url)
+            {
+              ret = svn_opt_parse_revision (&start_revision,
+                                            &end_revision,
+                                            "head", pool);
+            }
+          /* If empty peg-rev was attached to PATH target, then assume BASE. */
+          else if (path [i + 1] == '\0' && !is_url)
+            {
+              ret = svn_opt_parse_revision (&start_revision,
+                                            &end_revision,
+                                            "base", pool);
+            }
+          else
+            {
+              ret = svn_opt_parse_revision (&start_revision,
+                                            &end_revision,
+                                            path + i + 1, pool);
+            }
+
+          if (ret || end_revision.kind != svn_opt_revision_unspecified)
             return svn_error_createf (SVN_ERR_CL_ARG_PARSING_ERROR, NULL,
                                       _("Syntax error parsing revision '%s'"),
                                       path + i + 1);
Index: subversion/tests/clients/cmdline/basic_tests.py
===================================================================
--- subversion/tests/clients/cmdline/basic_tests.py	(revision 15206)
+++ subversion/tests/clients/cmdline/basic_tests.py	(working copy)
@@ -1584,6 +1584,30 @@
                                                       "lambda"))
   check_repos_root(output)
 
+def basic_peg_revision(sbox):
+  "checks peg revision on filename with @ sign"
+
+  sbox.build()
+  wc_dir = sbox.wc_dir
+  repos_dir = sbox.repo_url
+  filename = 'abc@abc'
+
+  wc_file = wc_dir + '/' + filename
+  repos_file = repos_dir + '/' + filename
+
+  svntest.main.file_append(wc_file, 'A probe into the secrets about the Solar System')
+  svntest.main.run_svn(None, 'add', wc_file)
+  svntest.main.run_svn(None, 'ci', '-m', 'secret log msg', wc_file)
+
+  output, errlines = svntest.main.run_svn(0, 'cat', wc_file+'@')
+  if len(output) < 1:
+    raise svntest.Failure
+
+  output, errlines = svntest.main.run_svn(0, 'cat', repos_file+'@')
+  if len(output) < 1:
+    raise svntest.Failure
+
+
 #----------------------------------------------------------------------
 ########################################################################
 # Run the tests
@@ -1617,6 +1641,7 @@
               basic_add_local_ignores,
               basic_add_no_ignores,
               repos_root,
+              basic_peg_revision,
               ### todo: more tests needed:
               ### test "svn rm http://some_url"
               ### not sure this file is the right place, though.