*ULTRA RARE* 1941 Walther P.38 Mod. HP Late Commercial E/359 Matching WaA

Description:
MANUFACTURER: WALTHER
MODEL: P.38 MOD. HP (LATE COMMERCIAL)
ISSUE DATE: 1941 3RD VARIANT
COUNTRY OF ORIGIN: GERMANY
SERIAL NUMBER: 14728
MANUFACTURER CODE: WALTHER COMMERCIAL PRODUCTION
WAFFENAMT / PROOFS: E/359 (WALTHER INSPECTOR ACCEPTANCE), EAGLE/N COMMERCIAL PROOFS
ISSUED BRANCH: COMMERCIAL / TRANSITIONAL WEHRMACHT PROCUREMENT
CONFLICT DEPLOYMENT: WORLD WAR II (LIMITED / EARLY WAR)
PROVENANCE/RECORDS: LATE MOD. HP COMMERCIAL PRODUCTION WITH MILITARY ACCEPTANCE
ARMORY/INSPECTION MARKS: WALTHER FACTORY INSPECTION MARKS, E/359 ON MAJOR COMPONENTS
CALIBER: 9MM LUGER
CAPACITY: 8+1 ROUNDS
BARREL LENGTH: 4.90"
BARREL FEATURES: FIXED BARREL, INTEGRAL FEED RAMP
RIFLING: 6-GROOVE, RIGHT-HAND TWIST
OPERATING SYSTEM: SHORT-RECOIL, LOCKING BLOCK
ACTION: SA/DA SEMI-AUTO
TRIGGER: DOUBLE ACTION / SINGLE ACTION
IRON SIGHTS: FRONT BLADE, REAR NOTCH
STOCK/FRAME: STEEL FRAME
GRIP: WALTHER BAKELITE GRIPS
FIREARM FINISH: HIGH-GLOSS WALTHER BLUE
CONDITION: VERY GOOD
ADDITIONAL FEATURES: ALL MATCHING COMPONENTS, LATE COMMERCIAL SERIAL PLACEMENT, TRANSITIONAL MARKINGS
WHAT’S INCLUDED: PISTOL IN SOFT CASE

The Walther P.38 Mod. HP represents the direct evolutionary bridge between Walther’s commercial pistol line and full-scale Wehrmacht adoption of the P.38. Late commercial Mod. HP pistols were produced as Germany accelerated rearmament, with many diverted into military channels as demand surged. This example falls squarely within that transitional window, reflecting Walther’s rapid shift from commercial polish to wartime necessity. Its configuration illustrates the moment the P.38 formally entered German service.

Utilizing Walther’s advanced short-recoil, locking-block operating system, the Mod. HP introduced the double-action/single-action trigger to German service pistols. This allowed safe carry with a chambered round while maintaining immediate readiness, a major leap forward from earlier designs. The fixed barrel enhanced accuracy and durability, while the robust steel frame inspired confidence in field use. These traits established the mechanical foundation for all subsequent P.38 production.

This pistol bears the E/359 Waffenamt acceptance, identifying inspection by Walther factory military inspectors at Zella-Mehlis. The presence of Eagle/N commercial proofs confirms its origin as a commercial pistol subsequently accepted for military or government use. Late Mod. HP pistols frequently display this blend of commercial and military markings. These features firmly place production in the 1940–1941 period.

Late commercial Mod. HP pistols are significantly scarcer than standard wartime P.38s due to limited production and rapid transition to dated military slides. All-matching examples further elevate collector value, as many saw hard service or postwar part replacement. High-gloss commercial finishes are especially desirable, representing pre-expediency Walther craftsmanship. Within P.38 collecting, the Mod. HP occupies a premium transitional niche.

Visually refined and mechanically groundbreaking, this pistol captures Walther’s last moment of commercial elegance before wartime simplification took hold. The deep blue finish, crisp machining, and historical significance give it unmistakable presence. Ownership offers a tangible link to the earliest chapter of the P.38’s storied service life. It stands as both a collector centerpiece and a milestone in military handgun development.

***Please see pictures for condition and wear***

SHIPPING INFORMATION:
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PAYMENT OPTIONS:
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*IF PAYING BY CHECK PLEASE MAKE CHECK OUT TO: NATIONAL ARMORY
Layaway is available on purchases of $749.99 and above.

PROCEDURES:
IF YOUON A GUN AND DECIDE TO CANCEL YOURWE CANNOT DO THAT PER POLICY. IF THE ENDS AND NO OTHER BIDS HAVE COME IN YOU WILL BE CHARGED A 20% RESTOCKING FEE

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DISCLAIMER
All pre-owned firearms are inspected by our gunsmith for basic function and safety. Test firing may or may not be conducted. Buyer is responsible for legal compliance. All sales final.

Handgun Caliber: 7.65x22mm Parabellum (7.65x22mm Luger, .30 Luger)
Manufacturer: WALTHER
Model: P.38 MOD. HP
Serial Number: 14728
Barrel Length: 4.90
Bore Info: Strong
Condition: Good
Metal Condition: Good
Wood Condition: Good
Bore Condition: Good
Manufacture Date: 1941

Price: $3,999.99
Shipping: $59.99
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