Walther P38 Commercial Alloy-Frame 9mm, 1968 West-German Matte Finish, Complete Factory Ensemble
This 1968 Walther P38 is a commercial-production, alloy-frame variant finished in uncommon factory matte blue. Built in Ulm, West Germany, it carries early Gun Control Act “Made in West Germany” import markings and the period-correct West-German nitro and antler proofs. The pistol is offered as a complete factory set with its matching box, numbered test target, manual, cleaning rod, and two original Walther P1 magazines.
Condition
Overall Condition: Very good condition, showing only light, superficial signs of prior handling or use.
Bore Overall Condition: Excellent - Clean, mirror finish, no signs of wear.
Bore Rifling: Excellent Rifling - Sharp lands and grooves.
Specific Condition Notes: Light scratches and minor blemishes are visible on the alloy frame and matte-blued slide surfaces.
What’s Included
- Walther cardboard factory box with matching serial 302612
- Walther Model P38 owner’s manual
- Factory 25 m test target serial-numbered 302612
- Cleaning rod
- Two 8-round Walther P1 9 mm × 19 magazines
The alloy frame trims weight compared to the wartime steel P38, yet retains the original Walther DA/SA system with a slide-mounted safety/decocker. The hard-anodized aluminum shows the German “GI” 1968 date code alongside eagle over N and Ulm antler proofs.
A matte-blued slide and barrel set this pistol apart from the more common high-polish commercial P38s. Right-side ejection and dual recoil-spring tunnels remain distinctive Walther engineering hallmarks among 1960s service pistols.
The 4.9-inch carbon-steel barrel provides full-size sight radius, and the bore presents a mirror finish with sharp lands and grooves—evidence of minimal use. Fixed sights, a loaded-chamber indicator, and the reliable eight-round magazine capacity round out its period-correct service features.
With its numbered box, test target, and matching magazines, this ensemble offers complete provenance for collectors seeking a first-year GCA import Walther in notably clean condition.