Welcome to the forum! Nice old P.38 you have there. I've done some research on the war-time P.38s, having a Spreewerke myself and in the same condition as yours, maybe a year older. I'm guessing yours is a very late 1944?
Cyq P.38s are about at the bottom of the food chain for collectors. There were 3 major makers during the war: Walther, Mauser and Spreewerke (Berlin). The top values run from the Walther, then the Mauser and lastly the Spreewerke.
![P38 serial numbers spreewerke p38 serial numbers P38 serial numbers spreewerke p38 serial numbers](/uploads/1/2/4/7/124749617/277754182.jpg)
From what I'm seeing, yours should run between $550 to $650. If you had a matching serial numbered mag it would add another $100 to $150. This is all according to my most recent info - I have been retired for a few years and am VERY rural so I don't often get to gun shows. I like mine, but the earlier Walthers and Mausers generally have much better finishes and fewer machine marks. I've seen some really nice Walthers and Mausers - some with near civilian quality finish. The vast majority of the Spreewerkes that I've seen are like yours and mine - rough finishes with many tool marks.
JFWIW, mine has been 'retired' in favor of a Beretta 92FS. Went through a spell of broken ejectors/ejector springs and pins. Have it repaired, but she doesn't get out much these days. Was a GREAT shooter, though.
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Browse all new and used P-38 for sale and buy with confidence from. Spreewerke Model P-38 pistol, 9mm. Expertly restored ’44 dated P38. Serial numbers are.