What to do. Demilitarized MP40

[CSM43]

Hello everyone. I am looking for some guidance. 15 years ago I was given a demilled MP40. It had been in the Cabela’s corporate office displayed in a VP’s office. HR came in and told him that it needed to go and it found its way home with me. Since then it has stayed in my gun safe getting shown off to other gun guys in my circle. While I think it’s cool it’s not my style of gun.
 

Recently I saw a video (mattexplodesstuff) on Instagram of him shooting his new to him mp40. He mentioned the mags were expensive. This put me down a rabbit hole of understanding what value I had with my mp40. 

It seems like these parts are pricey. I looked around gunbroker and didn’t see any parts really changing hands. The further searches led me here. 
 

My questions:

Is there anyway to make it shootable legally? Maybe in a semi auto with SBR classification. I won’t be getting an SOT anytime soon  

Is there a need for good conditioned parts?  Outside of the barrel (the rifling is in good condition) and front site having matching numbers the rest of the gun is not.  

Anyone in need of a display piece? 

I would be more happy getting it to someone who would appreciate it and freeing up cash something else.

[pstidan]

Do you have any ATF paperwork for it?

[CSM43]

It does not have paperwork. It is a non-firing example. I have not taken it apart, but the main receiver was replaced by a solid chunk of steel. Then they to reattach the original parts to resemble a functional firearm. 

Did some of these Demilled examples carry paperwork with them? This is far outside of my area of expertise. 

[Husker402]

You could sell it as a display gun or even as a parts kit. It’s not a functioning firearm. No paperwork is needed for this. Value would be the sum of the parts…frame and barrel assemblies and magazine basically…no bolt or firing pin/recoil assembly. If you are interested in selling it, I’m looking for spare MP40 parts. 

Edited February 4 by Husker402

[CSM43]

Sending a DM @Husker402

[68coupe]

My question: Is the trunion free from the fake tube? That particular part is worth a bundle. If the barrel is unmolested, worth more than a few bucks.

End value Is going to be a sum of the usable parts.

Just my humble opinion, Karl, 68coupe

[CSM43]

Got over my nerves and took the gun apart tonight. Minus the fuzz, the barrel is clean. I didn’t want to run anything down it. There is still cosmoline all over the guts of this thing.

The magazine base plate.

The mag follower 

Magazine markings

Barrel

Trigger assembly This is the machining in the blank tube.

Back end of the blank tube.

[TSMGguy]

Lower made by Steyr Graz in in 1943. Mag body by Steyr Warsaw in 1943. The earlier 98E code was changed to kur in early 1942. Mag follower by Steyr Warsaw as well. Don't see the barrel markings. 

I'd clean the old cosmo out of the bore. The stuff is hydrophilic. It absorbs moisture from the air and promotes corrosion after a few years.  

[Rekraps]

TSMGguy speaks wisely. Do a bit of research before you sell the parts. Original parts are scarce.. Barrel assembly and lower R look nice.

[waterdawg2004]

I paid $500 for lower a few years back, so probably worth more now.  The barrel assembly is worth at least that much also.  Good luck.  This guy used to sell parts, maybe ask him.

https://www.brpguns.com/mp40-parts/

https://www.apexgunparts.com/machine-guns/sub-machine-guns/more/mp38-mp40.html

https://www.ebay.com/sch/Personal-Field-Gear/36049/i.html?_from=R40&_sop=10&_nkw=mp40

I was looking thru my old list of vendors and could not find much, but eBay seems to have parts now, go figure?

but just parts and demilled receivers, a few years back all of that was verboten?

 

 

Edited February 14 by waterdawg2004

[Mad Machinist]

Have finally put a bunch of medical issues behind me....:-) so I'm Back browsing forums.  I could REALLY use that barrel if you decide to part out.....I can send $500 Cash buy priority mail insured and a return shipping lable if you decide to part out. Don't need the barrel nut...just want the barrel with sights. Could use the locking rings as well. 

Also willing to list the remaing parts on Gunbroker and sell if you decide to go that route Kit are on GB at rather steep prices....but I have seen several that keep relisting with no bids. The parts being sold would easily purchase a semi MP40 and file a form one for an SBR you can put on a stock. I believe SBR no longer have a tax associated so it is just paperwork. Mags are available and not stupids pricey. In fact if you want to do some trading...I'll get the semi gun headed to your FFL and share a percentage of the sale of the parts. I'm just an MP40 freak....LOL occasionally I do contract work for SOT's who don't know how to build.....:-) I work for them, provide the kit and they Form 2 the gun on their license. Here is one I just finished for a fellow in Alabama....Managed to find a a couple of saw cut yobes with overlap under the rear magwell band.he came over and I finished the receiver repairs while he was present...and he took it home :-) If interested in any of my ramblings LOL....call me at work ....number is on the MaconArmory.com  website....