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9/11/2026 1:24:06 PM EDT
I did a bit of research on these a few years ago but never got around to picking one up and I imagine the market has changed. I've also forgotten quite a bit.

Looking for more of a collectible and less of a shooter but don't want a museum piece that I'm afraid to shoot on occasion, budget is flexible, but around $1,000-$1,200 is what I had in mind.
If you aren't representing Jesus in a way that makes people want to hang out with you, you're doing it wrong.
9/11/2026 1:34:46 PM EDT
[#1]
https://www.simpsonltd.com/search?query=P-38

There's quite the variety on Simpson LTD's website.

I have a 1943 Mauser made BYF P-38, IIRC I gave $800 for it,
but it seems that (like everything else) values increase annually.
A socialist may indeed be academically superior.
And yet, they are most certainly emotionally retarded.

Public education is the opiate of the masses.
9/11/2026 2:16:19 PM EDT
[#2]
Get the collectible P-38 to ogle.

Get a P-1 to shoot.
9/11/2026 2:27:00 PM EDT
[#3]
My 1943 Spreewerke is fun to shoot.
Paid about $650 a few years ago.

Fun fact: the P38 was the first pistol to have a functional de-cocking lever.
"Once Open AI is good enough we will ask it to find a way to become profitable."

- Sam Altman
9/11/2026 2:44:15 PM EDT
[#4]
Quote History
Originally Posted By myitinaw:
https://www.simpsonltd.com/search?query=P-38

There's quite the variety on Simpson LTD's website.

I have a 1943 Mauser made BYF P-38, IIRC I gave $800 for it,
but it seems that (like everything else) values increase annually.
View Quote

Seems my price expectations may have been optimistic...
If you aren't representing Jesus in a way that makes people want to hang out with you, you're doing it wrong.
9/11/2026 2:47:06 PM EDT
[#5]
Quote History
Originally Posted By _DR:
Fun fact: the P38 was the first pistol to have a functional de-cocking lever.
View Quote
It was the first to officially be adopted and issued by a whole military.

The Walther PP was the first, in 1929.
9/11/2026 2:55:29 PM EDT
[#6]
Quote History
Originally Posted By KitBuilder:
It was the first to officially be adopted and issued by a whole military.

The Walther PP was the first, in 1929.
View Quote View All Quotes
View All Quotes
Quote History
Originally Posted By KitBuilder:
Originally Posted By _DR:
Fun fact: the P38 was the first pistol to have a functional de-cocking lever.
It was the first to officially be adopted and issued by a whole military.

The Walther PP was the first, in 1929.


Ok, was not aware.
"Once Open AI is good enough we will ask it to find a way to become profitable."

- Sam Altman
9/11/2026 2:57:28 PM EDT
[#7]
Quote History
Originally Posted By Sputnik556:

Seems my price expectations may have been optimistic...
View Quote


I bought a VoPo Luger from Simpsons a few years back.
While they were fine to deal with a the pistol was fine,
They were and probably still are overpricing their wares compared to buying from an individual.

"Once Open AI is good enough we will ask it to find a way to become profitable."

- Sam Altman
9/11/2026 3:01:14 PM EDT
[#8]
We've (family, though I'll probably get it) got a Spreewerk (cyq).  It's got the wartime holster, too.  Just needs that little button, or brad, that holds the flap down.

No idea how much it's worth.  It's in good shape.
Can't, Won't, let them infringe me! If I'm caught, "Boys! Avenge me!"
9/11/2026 3:01:27 PM EDT
[Last Edit: KitBuilder][Edited] [#9]
Quote History
Originally Posted By svt40:
Get the collectible P-38 to ogle.
Get a P-1 to shoot.
View Quote
P1 frames cannot handle as many total rounds as a steel P38 frame. They tried preventing frame cracks on the P1 with a steel hex bolt, but those later ones will eventually develop cracks too. There’s absolutely nothing wrong with shooting a P38 with good springs and a standard load (not +P). You’ll likely never wear one out.

There are P1 (aluminum) frames out there with P38 marked slides, so be sure you know what you’re about to buy when looking around.

Spreewerk (code CYQ) are generally the least expensive (or least valued by P38 collectors) because they generally had the roughest finish with more tool marks.

Of course if any gun isn’t all-matching that lowers its collector value too. If you just want a shootable example then get a mixmaster and save a bunch of money. All the parts interchange from every maker. (It’s not like Lugers where they hand-fitted stuff.)

The most common weirdness is the decocker function not working smoothly so check functionality on that before buying one.
9/11/2026 3:09:44 PM EDT
[#10]
P38's have been steadily going up over time. About 15 years ago you could pick up a SpreeWerks in decent shape for $400. Now even "good" condition ones are getting in the $800 range and more.

CYQ or Spree will have a bit more tooling marks and the finish is not as good as Walther or Mauser.

If you look you can find some Russian reworks that look fantastic and can be difficult to spot. Cole's was a big importer of these and they were usually in excellent , sometimes reblued , condition.

Late models and dual tones will command higher prices as well as complete rigs with holsters and extra mags.

They are fun to shoot and relatively big for a single stack. I have a 43 BYF that I occasionally shoot.

Good luck




9/11/2026 9:52:41 PM EDT
[#11]
Quote History
Originally Posted By Sputnik556:

Seems my price expectations may have been optimistic...
View Quote View All Quotes
View All Quotes
Quote History
Originally Posted By Sputnik556:
Originally Posted By myitinaw:
https://www.simpsonltd.com/search?query=P-38

There's quite the variety on Simpson LTD's website.

I have a 1943 Mauser made BYF P-38, IIRC I gave $800 for it,
but it seems that (like everything else) values increase annually.

Seems my price expectations may have been optimistic...

Nothing ever seems to decrease in price as time marches on...
Simpson LTD is max retail, but there's quite a few P-38s for sale on gunbroker.

https://www.gunbroker.com/all/search?keywords=p-38%20german%20pistols&sort=13

Good luck on your P-38 acquisition!  
A socialist may indeed be academically superior.
And yet, they are most certainly emotionally retarded.

Public education is the opiate of the masses.

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