1940 German WWII Walther P38 "AC40" "eagle/359"
Rare Matching Early High Polish + WaA750 Holster
Used Condition
FFL is required
Current Bid
Starting Bid
No Reserve!
20 Bids Bid History
Time Left 15 min rule
Item has Ended
7/30/2017 8:50 PM
Item viewed 560 times.
Item 669245209
Location Rio Rico, AZ 85648
Priority Mail$35.00
No international shipments
Payment Personal Check, Visa / MasterCard, American Express, Discover, USPS Money Order, Money Order, Certified Check
Checkout Yes
Sales Tax
Seller must collect sales tax from the following states:
AZ 6.6%   
Inspection/ Return Policy
Three Days from the date the item is received

The seller of this item assumes all responsibility for this listing. You must contact the seller to resolve any questions or concerns before placing a bid. Payment must be made using U.S. dollars ($) unless otherwise stated in the listing. Firearms may only be shipped to a licensed dealer (FFL Holder). Some listed items may not be legal in every state. Complete your purchase within the law.

Please read the Item Characteristics for important listing details.


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Auction Item

Pre WWII Early High Polish Example – German Stamped Walther P38 - "ac40" - "eagle /359" Waffenamt Proof Stamps - 9x19mm Parabellum - 5" Round Barrel - (1) Factory Stamped Magazine - Threaded Hammer - Double Action - Locked Breech Recoil Loader - German Made Semi-Automatic Pistol - One Of The Most Important Handguns Manufactured - WWII German Empire War Iron

"Open-Bid" - "No-Reserve" auction where gunbroker.com members set opening and closing values

Up for auction is a historic example of the Nazi era Walther P38. This rare / early “ac40” high polish example is in very fine condition and features a NAZI proofed WaA750 P.38 1941 holster. Stamped identifying markings indicate this came from the famed Walther plant in Zella-Mehlis. The ac was Walther's secret military ID to keep the Allies from knowing where the plants were located so that they wouldn't be able to drop bombs on the buildings and put the munitions operations out of business. Following the "ac" is the stamped year of production, 1940. In all, the Walther plant turned out more than 584,000 P.38s for the German war machine. This is an early high polish variation with the "ac/40" code and the accompanying "eagle/359" Waffenamt stamps. Serial numbers are matching on the slide, frame and barrel. The left side of the slide is stamped: " P 38", "ac / 40" and 1234 b. The left side of the frame is stamped: 1234 b followed "eagle/359" Waffenamt proofmark. front barrel lug is stamped: 1234 b. Right side of the slide is stamped: with a Nazi firing proof flanked on both sides by "eagle/359" proofs. The magazine is marked "P.38 v" on the lower left side with "eagle/359" proofs on the spine. Sights are fixed and she is fit with proofed / numbered chocolate brown colored serrated bakelite grips with a lanyard loop on the left heel. The condition of this pistol retains a high degree of the factory original high polish blue finish. The grips are excellent showing very little wear and a few light handling marks. All markings are stamped clear and show crisp. Mechanically this firearm is excellent and the bore is sharp with minor wear in the grooves. We have attached multiple Hi-Definition photos for your review and consideration on. We have attached multiple Hi-Definition photographs of this WWII Nazi stamped German P38 high polish ac40 in various lighting conditions for your review and consideration. She comes as photographed.

Walther P38 History

Once in a great while, a firearm becomes so popular that it becomes a cultural icon. Like a great car or movie, a great firearm can become a true classic. The Walther P38 is a 9 mm semi-automatic pistol that was developed by Walther Arms as the service pistol of the Wehrmacht at the beginning of world War II. It was intended to replace the costly Luger P08, the production of which was scheduled to end in 1942.The first designs submitted to the German Army featured a locked breech and a hidden hammer, but the Heer (German Army) requested that it be redesigned with an external hammer.
The P38 concept was accepted by the German Military in 1938 but production of actual prototype ("test") pistols did not begin until late 1939. Walther began manufacture at their plant in Zella-Mehlis and produced three series of "test" pistols, designated by a "0" prefix to the serial number. The third series pistols satisfactorily solved the previous problems for the Heer and mass production began in mid-1940, using Walther's military production identification code "480". After a few thousand pistols the Heer changed all codes from numbers to letters and Walther was given the "Ac" Code.

The Walther P38 was in production from 1938 to 1963. From 1945 to 1957, no P38s were produced for the German Military. Slowly over time, West Germany desired to rebuild its military so that it could shoulder some of the burden for its own defense. Walther retooled for new P38 production since no military firearms production had occurred in West Germany since the end of the war, knowing that the military would again seek Walther Firearms. When the Bundeswehr announced it wanted the P38 for its official service pistol, Walther readily resumed P38 production within just two years, using wartime pistols as models and new engineering drawings and machine tools. The first of the new P38s were delivered to the West German Military In June 1957, some 17 years and two months after the pistol had initially seen action in World War II, and from 1957 to 1963 the P38 was again the standard sidearm. In late 1963 the postwar military model P1 was adopted for use by the German Military, identifiable by the P1 stamping on the slide. The postwar pistols, whether marked as P38 or P1, have an aluminum frame rather than the steel frame of the original design. The aluminum frame was later reinforced with a hex bolt above the trigger guard. During the 1990s the German Military started replacing the P1 with the P8 pistol and finally phased out the P1 in 2004. An improved version of the P38, the Walther P4, was developed in the late 1970s and was adopted by the police forces of South Africa, Rhineland-Palatinate and Baden-Württemberg.

Walther P38 General Specifications

  • Make: Walther
  • Model: P38 – AC40
  • Type: Semi-Automatic
  • Designed: 1938
  • Place of Origin: Nazi Germany
  • In Service: 1938 - Present
  • Designer: Carl Walther Waffenfabrik
  • Manufacturer: Carl Walther Waffenfabrik, Mauser Werke, Spreewerk
  • P38 Production Run: 1939 to 1945
  • Mechanical Action: Short Recoil - Locked Breech
  • Weight: 977g
  • Length: 216mm
  • Barrel Length: 125mm
  • Length: 170mm
  • Muzzle Velocity: 365 m/s (1,200 ft/s)
  • Effective Firing Range: Sights Set For 50m
  • Caliber: 9mm
  • Finish: Factory Original Early High Polish Finish
  • Barrel Length: 5”
  • Capacity: (1) 8 + 1 Walther Magazine
  • Weight: 765 gr
  • Condition: Pure Beauty – Used - Holster
  • Grip: Brown Composite - Serrated – Lanyard Loop
  • Rear Sights: Open Notch
  • Front Sights: Blade
  • Action: Double Action / Single Action
  • Serial Number: 1234b
  • Stamps: “ac40” – “Waffenampt / 359”
  • Manufactured: 1940 - Walther plant in Zella-Mehlis, Nazi Germany

Please review the attached photos for an accurate visual representation of this Rare Walther P38 AC40 With Holster. We know everyone would prefer to put hands on a gun they are about to bid on, knowing that, we've attached multiple photo angles of the gun in various lighting conditions, our apologies for slowing down your load time. If you like the product, bookmark us. More fine iron released every Sunday evening. Thank you for bidding on another Diamond Firearms product. After you win this auction, call us @ 520-398-2955. Give us the chance to perfect your firearm requirements. From tactical to collectible and all the ballistics in between...


Terms & Conditions

We are a licensed FFL gun dealer in southern Arizona. All State and Federal laws are strictly followed. Know your State laws before bidding. Firearms will be shipped FFL to FFL. Our preferred method of payment is cashier's check, personal check or money order. For your convenience we also accept Visa, MC, Discover and AMEX for A 3.6% processing fee. (The banks hit us hard — we do apologize) if you are paying with a credit card please call us with your card number @ 520-398-2955. Arizona residents pay State sales tax.

Enjoy The Auction!

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Seller provided no "Additional Terms of Sale"
9mm Luger (9x19 Para)
Barrel Length
5 inch
Frame Finish
Slide Finish
Mfg Part Number