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I think the war time production P38s are more collectable. Post war they became the P1. as has been pointed out, those have aluminum frames and steel slides. There are post-war P1 marked P38 by Walther. I have a P1 made in 1974 at Walther and it's a good shooter, but it's picky about the ammo. If you don't reload your own 9mm, I suggest Winchester White Box 115gr. Some of the P1s that hit the market a few years ago, had been rebuilt multiple times. Some have the cross pin in the frame and some don't. Mine does not, but I doubt that I can afford enough ammo to wear it out.
You just have to decide if owning a WW2 model is worth the extra money.
TK
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