Valuation Guides Machine Guns MP38
Published: May 26, 2025 | Updated: February 17, 2026
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.
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
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.
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
Originality:
Transferable MP38s with original receivers, parts, and factory markings typically command higher prices due to their authenticity and appeal to collectors.
Condition:
Clean, well-maintained MP38 machine guns in excellent mechanical and cosmetic condition will sell for significantly more than worn or modified examples.
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.
Restoration:
Whether your MP38 has been refinished, restored or modified will significantly affect pricing. Original finishes are typically more desirable.
Transfer Status:
Transferrable MP38s will hold a considerably higher value than their pre-86 or post-86 counterparts.
Receiver Type & Build Origin:
MP38s built on original receivers typically hold more value than rewelds or aftermarket builds.
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