The highest rated online firearms sales platform

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

Factors That Influence MP38 Values

circle-check-plus

Originality:

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

file-search

Condition:

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

tag-clock

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.

bookmark-plus-2

Restoration:

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

circles-5

Transfer Status:

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

ai

Receiver Type & Build Origin:

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

Ready to get an offer on your MP38 machine gun?

Create an account or log-in to get an offer with professional support every step of the way.

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.

Offers made every month
1,100+
Firearms purchased
6,500+
We handle shipping for you
Free Shipping
WeBuyGuns Storefront

How it works

You are in control

Our streamlined process makes selling your firearm easy. If you accept our offer, simply package your firearm using the prepaid shipping label we provide. We’ll keep you updated with email notifications at every stage. No hassle, no guesswork—just a smooth, straightforward experience on your terms.

Steps
16 cloud upload Tell us what you have.
Fill out a short form and upload a few photos. This helps us identify what you have. We review your information and images to assess the condition and value of your firearm.
16 currency dollar We make you an offer.
We’ll provide an offer on your firearm via email within 72 hours, and if accepted, provide instructions to complete the process.
16 comments We keep you informed at every stage.
We’ll provide a shipping label and keep you updated with email notifications tracking recieving the firearm, reviewing its condition and issuing payment.
Item Submitted
Colt Python: Minor scratches with approximately 200 rounds through it.
357 Mag Very Good
Offer Made
Ref # 0973457 .357 magnum Colt Python in very good condition.
$1,300
Offer Approved
Ref # 0973457 Colt Python
Item Shipped
Ref # 0973457 Colt Python
Tracking # 9610 1385 1287 3021
Item Received
Ref # 0973457 Colt Python
Customer Paid
ACH for $1,300 issued to customer account.

Ready to dive in?
Submit your firearm today.

Trusted by firearm sellers nationwide

Sell with confidence — Our streamlined process has facilitated thousands of transactions nationwide, paying out over 2.9 million to users on our platform. We have purchased firearms from users in all 50 states.

Sellers on our platform
23,000+
Customer reviews
Over 490
Rating on Google
star star star star star
Paid out to sellers
Over 2.9M

Frequently asked questions

If you can’t find the answer you’re looking for, reach out to customer support or view all FAQ's

Is this legal?
Yes. We are a federally licensed firearms dealer located in the state of Indiana. You, the seller, are covered under our license just as you would be if you walked into our store with the item. There are no laws preventing you from selling your firearm to us.
What impacts the value of an MP38?
Condition, originality, and serial number matching are key factors. Matching, early production examples command a premium.
Can I legally sell a transferable MP38?
Yes, if the MP38 is a pre-1986 registered transferable machine gun, it can be sold legally with proper ATF paperwork.
How can I get a valuation for my MP38?
Use our free valuation tool or speak with one of our experts to receive an offer on your firearm based on current market data.
What are the differences between an MP38 and MP40?
The MP38 has more machined parts, while the MP40 features more stamped components for easier wartime production. MP38s are rarer and generally more valuable.
How long are offers good for?
Offers are valid for 14 days.
Can I sell multiple firearms?
Absolutely! Once firearm information has been submitted, you will have the ability to submit additional firearms for review and offers. These firearms will be viewable from your user panel, which you access from your initial offer email. If you have a large number of firearms or an estate, it's best to contact us directly (just to save you a lot of time).