1456 EXCEEDINGLY SCARCE, HIGH CONDITION, GERMAN WWII

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[?]Live Online Auction Starts In 2026 Nov 06 @ 10:00 (UTC-04:00 : AST/EDT)
Category Firearms & Military
Auction Currency USD
Start Price 1,500.00 USD
Estimated at 3,000.00 - 5,000.00 USD
WALTHER "AC/40" CODE P.38 SEMI-AUTOMATIC PISTOL WITH TWO MATCHING MAGAZINES & P.39(T) HOLSTER. Cal. 9x19mm. S# 1433b. Bbl. 4 7/8". P.38 semi-automatic pistol mfg. by Walther in 1940. Left side of the slide is marked "P.38", followed by Walther's mfg. code and the 2-digit year of mfg. "ac/ 40", as well as the S#, with x2 Eagle/359 proofs and an eagle firing proof marked on the right. Left side of frame is marked with a sole Eagle/359 proof and "ac" on the forward trigger guard bow, which is repeated on the bbl. (Eagle/359 on right, "ac" code on underside). Metal components exhibit a high polish blue finish overall. Frame is mounted with 2-piece grooved dark brown pressed resin grips, each marked with a Walther Eagle/359 on the interior of the panel. Standard dovetailed blade front sight and U-notch rear sight. All serialized parts are matching, to include the frame, slide, bbl., locking block, as well as the grips. MAGS: x2 8-rd. mags. with matching S#s on floorplate, each marked with a Walther Eagle/359 proof on the spine. UNATTACHED ACCESSORIES: brown leather P39(t) (Czech CZ vz. 38) holster mfg. by C. Budischowsky in 1940. Rear of holster is marked "C.BUDISCHOWSKY/ WIEN/ 1940" above a partially visible Eagle/WaA47 proof. Interior of closure flap is stamped "P39 (t)" in black ink. CONDITION: metal components retain the majority of their original factory blue finish, showing some light to mild edge wear, a few spots of very light to light surface oxidation, as well as a few scattered superficial handling marks overall. Near mirror bore, exhibiting some light scattered pitting primarily along the edges of the lands, while retaining well defined rifling throughout. Proper manual mechanics, with the safety / decocking lever not functioning unless rearward pressure is applied to the hammer. Grips show a few scattered marks from handling and storage, with the right grip exhibiting cracking around a notable impression at the top of the panel. Holster remains malleable, exhibiting scattered handling marks, as well as patches and areas of light to mild age related cracking and crazing, while retaining intact stitching overall. Due to extensive use and a high level of attrition throughout the course of the war, "ac/ 40" code P.38s are rare in comparison to later war production examples. Outside of just condition, the two matching mags. make this an exceedingly scarce rig that is seldom presented at auction. PROVENANCE: From an Esteemed & Refined Private German Military Collection. (26-4075/MLW). CURIO. $3,000-5,000.