1940 dated P.38 hard shell holster made by Voegels, Koln (Cologne).  This holster came with

my ac40 added P.38 with 2 matching magazines.  1940 dated P.38 hard shell holsters are

difficult to find.  This example is in exceptional condition, especially for a 1940 dated one.

Most of the 1940 P.38 hard shell style holsters that you find are actually P.39(t) holsters for

the Czech CZ38.