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Current Value - Beretta 38/42 Serial #349


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I recently came across this MP Beretta 38/42 while cleaning out a house I purchased at an auction. I kept it because I thought it was cool however my friend later informs me I may have a valuable collectors item on my hands. I have done tons of research and saw the prices that some of guns fetch at auction but I still have no idea what mine might be worth. After much reading I think this might be the best place to get some insight on the value of this gun. The markings are MP Beretta 38/42 Cal. 9 CQ (serial number) 349 .

 

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Yeah if it's not registered it's just a big hunk of jail time waiting and a parts kits waiting to be destroyed.

 

If it is registered it's probably worth a few thousand but with all the dirt and rust it's barely worth it's weight in metal

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MGs show up by surprise a lot, discovered by people in all sorts of places and in all sorts of condition. This one is no different.

MGs required registration with ATF. Period!

If this gun is proven to be registered, in it's current condition (it appears from the pics that it is a DEWAT and the breech of the barrel is plug welded, and maybe other damage) the value as a legally a registered MG is above $15,000, a conservative estimate. More if restored, in the current market. If no registration can be found, and ATF will NOT help with this, the parts have value of $1000 up.

First important issue: KEEP IT UNDER WRAPS AND WELL OUT OF SIGHT UNTIL YOU KNOW MORE ABOUT IT!! AT THIS POINT IT IS ILLEGAL FOR YOU TO POSSESS IT! DON'T IGNORE THIS WARNING!

Second: be as DISCREET as possible.

Third: your job now is to find evidence of legal registration and the actual owner if that is at all possible.

Call me if you want a preview of what is necessary along with suggestions, etc. Done a lot of this over many years. 802-226-7204

 

 

 

 

Edited by BRMCII
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Forgotten Weapons has a Youtube video on this very topic

.

 

From the same video: "There are thousands of machine guns currently in the National Firearms Act registry registered to people born before 1900. Think about that for a moment - every one of those owners is deceased, and those machine guns are still out there somewhere."

 

She's in rough condition with a plugged barrel but with some TLC that gun looks restorable.

 

BRMCII has some good advice.

 

Ideally, you should do everything within your power to verify if the gun is transferable for 2 reasons:

 

1) It would be worth a lot of money. I purchased mine (pictured below) off of Gunbroker in September 2021 for $16,075.

 

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2) That's one more machinegun that stays in the registry for others to enjoy.

 

 

 

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3 x 5 cards - I love it!

 

I'm a MD and several of the old timers I trained under many years ago used 3 x 5 cards written in pencil for their patient's chart notes.

 

My how things have changed and not always for the better!

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