Valuation Guides Machine Guns MP38

Published: May 26, 2025 | Updated: February 17, 2026

How Much is My MP38 Worth?

The MP38 was a pioneering German submachine gun, laying the foundation for later designs like the MP40. It is prized for its historical significance and mechanical innovation.

Curious about how much your MP38 sub machine gun is worth? Whether you’re looking to sell or simply understand current pricing, we’ll help you assess the market value of your firearm.

About the MP38

The MP38 was developed by Germany in the late 1930s as one of the first mass-produced submachine guns using stamped components. While quickly succeeded by the more efficient MP40, the MP38 is highly collectible today due to its limited production run and association with elite German units in WWII.

Origin

Germany

Manufacturer

Erma Werke

Caliber

9mm Parabellum

Rate of Fire

500–550 rounds/min

Notable Uses

German paratroopers and armored vehicle crews in early WWII

MP38 Machine Gun Values & Variants

Transferable MP38 sub machine guns are highly sought after by NFA collectors and enthusiasts. Value is influenced by originality, condition, variant type and any unique historical markings. Most examples on the market range from $20,000 to $50,000, depending on configuration and provenance.

Common Variants & Value Ranges

  • MP38 (Matching Numbers, Excellent Condition)

    Estimated Value: $35,000 – $50,000

  • MP38 (Non-Matching or Parts Kit Builds)

    Estimated Value: $20,000 – $30,000

Market values reviewed by Chris Wing, Lead Firearms Valuation Specialist

Factors That Influence MP38 Values

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Originality:

Transferable MP38s with original receivers, parts, and factory markings typically command higher prices due to their authenticity and appeal to collectors.

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Condition:

Clean, well-maintained MP38 machine guns in excellent mechanical and cosmetic condition will sell for significantly more than worn or modified examples.

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Historical Markings / Provenance:

If there are markings or provenance that link your MP38 to a specific military unit, wartime service, or historical event - collector interest and market value can greatly increase.

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Restoration:

Whether your MP38 has been refinished, restored or modified will significantly affect pricing. Original finishes are typically more desirable.

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Transfer Status:

Transferrable MP38s will hold a considerably higher value than their pre-86 or post-86 counterparts.

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Receiver Type & Build Origin:

MP38s built on original receivers typically hold more value than rewelds or aftermarket builds.

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About Us

Our mission is to make the process of selling your firearm as easy and convenient as possible.

Selling a firearm can be time-consuming and legally complex, especially for machine guns. At webuyguns.com, we streamline the process by purchasing directly from you, saving you time and ensuring a legally compliant, hassle-free transaction. With decades of experience, we provide fair market evaluations and encourage you to compare our offers locally to see the value we bring.

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Frequently asked questions

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How much is a transferable MP38 worth in 2026?
In the current 2026 market, transferable MP38 values generally range from $20,000 to $50,000 depending on originality, condition, configuration and provenance.
What factors most affect the value of an MP38?
Originality and documented provenance can strongly influence pricing. Condition and correct configuration matter more than any single marking when the market compares examples.
Why does the MP38 often command strong collector demand?
Early production and historical significance drive collector interest. Original configuration and strong condition typically support higher market pricing.
Do you buy MP38 machine guns?
Yes. WeBuyGuns.com buys transferable machine guns nationwide. Share photos, condition details and paperwork information and we can provide a value range and purchase offer.
Can I sell an MP38 I inherited?
Yes, if it is legally transferable. Eligibility depends on registration history and paperwork. We can help review documentation and outline next steps.
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