Rare Walther ‘ac’ Code No Date P38 Semi-Automatic Pistol | walther p38
This variation is the rarest of all military P38 pistols and the first Walther pistol to use the “ac” code, with a total production of about 2,700. This variation is marked “P.38 ac” and the serial number on the left side of the slide, absent of any date. The left side of the frame is marked with the serial number followed by an “eagle / 359” proof. The left front of the trigger guard is marked “ac”. The right side of the slide toward the rear is marked with the German firing proof flanked by “eagle / 359” proof marks. The locking block is marked “495”, the “9” is double struck and may have been an “8”, and the sides have the correct proof marks. Most small parts are marked with the “eagle / 359” proof mark. A trigger stop has been installed which comes through the bottom rear of the trigger guard. Fixed sights, blue “P38” marked magazine stamped “485” on the bottom of the toe and fitted with two piece black Bakelite grips with a lanyard ring on the left side heel. walther p38
Fine with approximately 30% original finish on the frame with the balance refinished. The slide sides has a mottled grayish patina with some scattered pin prick type pitting and there is a small amount of pin prick type pitting on the forward portion of the barrel which is a mix of blue and brown patina. The front strap has a smooth gray patina, while the trigger guard has a smooth blue brown patina. The grips are excellent with a few minor dings and scratches. The markings are clear. The action is excellent. One will search for a long time to find another one of these extremely rare “ac” no date P38s. walther p38 for sale
Rare Walther “ac” Code No Date P38 Semi-Automatic Pistol
The Walther P38 is a legendary 9mm semi-automatic pistol prized for its historical value, reliable engineering, and timeless design. Originally introduced in the late 1930s, the P38 became one of the most influential military pistols of the 20th century. Today, it remains a highly collectible firearm known for durability, accuracy, and smooth operation.
Key Features
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9mm Luger Chambering
Compatible with widely available ammunition and known for consistent shooting performance. -
Double-Action / Single-Action Trigger
One of the earliest pistols to feature a DA/SA system, offering safer carry and smoother follow-up shots. -
Steel Frame & Slide
Rugged, combat-proven construction built to last. -
Open-Top Slide Design
Enhances reliability and reduces ejection issues. -
Classic Ergonomics
Comfortable grip and natural pointing characteristics make it enjoyable for collectors and enthusiasts.
Specifications
(Specs may vary depending on production year)
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Caliber: 9mm Luger
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Action: DA/SA semi-automatic
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Frame Material: Steel
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Barrel Length: Approx. 4.9 in
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Capacity: 8 rounds
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Sights: Fixed front, rear notch
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Finish: Varies (blue, parkerized, or post-war finishes)
Why Buy the Walther P38?
Collectors and enthusiasts value the Walther P38 for its historic significance, engineering innovations, and classic German craftsmanship. Whether you’re building a WWII collection, adding a vintage 9mm pistol to your safe, or simply appreciating a piece of firearm history, the P38 remains a standout choice.
















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