P38 Walther with nazi insignia found in wall of old house

Discussion in 'The Ask the Pros & What's It Worth? Forum' started by Monique, Jan 25, 2012.

  1. Monique

    Monique New Member

    Jan 25, 2012
    We bought this old house from a friend of ours well into his eighties. He told us to keep an eye out for his older brother's Walther, which he brought back from WW11 and was hidden somewhere, loaded. Well, today we found it in the walls and since we know almost nothing about hand guns we were hoping someone could enlighten us.

    It has a bakalite grip and came with three green, black-tipped bullets in the metal magazine. The bullets are stamped with 42 0X0 ST 2, and the magazine is stamped with P38. The gun itself is stamped with the serial number 7334 c on three different parts.

    One of the serial numbers reads 7334 *c, and between the 4 and the * is a symbol that looks like an AB or an A8 with some kind of insignia above it. This is just above the trigger.

    The other serial number is stamped into the metal part of the gun above the trigger area - not the barrel - and on this part of the firearm the numbers P38, the letters cyq, and a partial letter 'M' are also stamped.

    On the other side of this same part of the gun are stamped three symbols: the first is difficult to describe but seems to incorporate two circles or the numbers 98 or 88 under something else (SORRY!), the second appears to be an eagle above a swastika, and the last appears to be similar to the 'AB' symbol.

    I guess we need a magnifying glass, but maybe this is making sense to someone!

    We really appreciate your input, because we definitely don't know what we're dealing with!

    val_67catalina likes this.
  2. StoneChimney

    StoneChimney New Member

    Nov 27, 2010
    If you can post clear closeup pictures of both sides of the pistol we can certainly help you out.

  3. Juker

    Juker New Member

    Feb 8, 2011
    Land of Lincoln
    Crikey, another classic TFF "found gun" story!

    That's it. I'm gutting my house. Built in '44, there's gotta be hidden treasure here somewhere... :eek:
  4. Dirtypacman

    Dirtypacman New Member

    Mar 3, 2008
    Merrimac Valley, MA
  5. Monique

    Monique New Member

    Jan 25, 2012
    Pix of the gun

    Thanks for your offers of help! I hope these pictures are sufficient - I take advice really easily, and this is the first time I`ve shot a gun:rolleyes::rolleyes:

    Attached Files:

  6. Monique

    Monique New Member

    Jan 25, 2012
    More pix

    more pix!

    Attached Files:

  7. Rocketman1

    Rocketman1 Well-Known Member

    Jan 1, 2010
    Columbus, Ohio
    This is a Walther P38 either cyq or cvq, 9mm German pistol, probably made around 1941. Iā€™m not the expert on these, but I do no a little.

    Some people believe that the cyq and cvq were two different models, and some think that the bottom part of the die used for stamping just wore off. Yours looks like a cyq. The three stamps on the slide are the proof stamps, the 88, eagle and 88. I believe the ā€œ*ā€ means that the frame was rejected by inspection, and then corrected.

    Looks to be in good condition, I have seen these sell for around $800, but lets see what the real experts on this great forum say.

    Why cant I find old pistols like these in the walls of my old house?
  8. RJay

    RJay Well-Known Member

    Feb 22, 2004
    Goodyear, Arizona
    The only damn thing I've ever found in any of my house was Termites:eek::eek:
  9. StoneChimney

    StoneChimney New Member

    Nov 27, 2010
    1943 production by Spreewerke in Berlin. Would bring $700-$800 in that condition.
  10. Monique

    Monique New Member

    Jan 25, 2012
    Thanks! The man who hid it in our house was a Canadian infantryman in the war - there's a bunch of stuff on the property, like a cannon ball and a couple of metal helmets, but I'm sure glad we found this puppy before one of the kids did!!

    Now I have to figure out what to do with it . . .
  11. Rocketman1

    Rocketman1 Well-Known Member

    Jan 1, 2010
    Columbus, Ohio
    I'm sure someone on this forum may be interested in purchasing it.
    I would but cant afford it right now.
    You luck dog!
  12. wonderwhippet

    wonderwhippet Active Member

    Jan 10, 2003
    The more commoin P38s are a tough sell these days, and this one is a very common date and the least desirable of the three manufacturers . Given that, and taking the pitting into consideration, $600 would be an absolutely top price for this weapon.
  13. Alpo

    Alpo Well-Known Member

    Feb 3, 2007
    NW Florida
    In your second post you said "this is the first time I've shot a gun", which I take to mean that you are planning on shooting it (if you haven't yet).

    Wonderful. There's no problem with that. I would too. But - don't shoot the ammo that you found with it. If for no other reason, it's bound to have corrosive primers, and there is no need in doing that to the gun. 9mm Parabellum 115 grain FMJ ammo is plentiful. Just about any gun store will carry it, and it is what that was designed to use.

    So, if you're going to shoot it, buy new ammo.
  14. Ken W

    Ken W Member

    Jan 9, 2011
    Asheville, NC
    What I'd like to know is how exactly did you find it in the wall? Did you actively go about the house tearing the walls apart looking for this or were you making some alteration and it just happened to be there?
    Maybe I should acquire a metal detector and sweep it across all the walls here. :D
  15. Jim K

    Jim K New Member

    Dec 6, 2009
    Hi, Monique,

    Can you tell us what state you are in, or if you are in Canada. There might be legal implications in Canada or in some states regarding a (presumably) unregistered handgun. (The fact that it was hidden in a wall somewhat leads to that thinking.)

    The eagle marks on your gun are German army inspection marks; the three you mention are the inspection and acceptance mark for the slide, the inspection and acceptance mark for the gun, and the (with the swastika) proof mark to show the gun was fired with an over load and passed the test.

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