Looks like it has some value.

https://boise.craigslist.org/pts/d/m38a1-cj5-willys-military/6339554945.html

“This is a 1952 M38A1C military jeep. it’s also a rare artillery version. This was before the CJ5 came out but they shared the same DNA. has the original hood numbers. previous owner wanted it preserved. that was my intention but the buyer backed out of our deal.

I restored and still own one of these and they are a beautiful piece of history. Vets love them. Sadly the wife says no more to my military collecting and it has to go. If she said it then it must be true.

it’s restorable or would be good for parts to finish yours. the rolling chassis has the body, fuel tank, front clip, windshield, bumper, complete grill, pintle hook, radiator and seats. The T90 transmission and Dana 18 transfer case are present but removed, and it has a rare valuable Rancho overdrive attached. Driveshafts are there. Top bows are of the CJ5 civilian era. it’s remarkably rust free on the tub, grill, windshield and fenders, except the tub was cut around the cowl and the tool box is rusted out. i’m sure the hat channels need attention. Many valuable and very hard to find parts are still on this.
what is missing: no canvas or top, bumperettes, bellhousing, no engine or attached engine parts, ebrake drum or handle, or spare tire carrier. These are still available aftermarket and easy to find.
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Looks nicely rebuilt.

“Bought It From The U.S. Govt. In 1985 With less Than 33,000 Miles. Have Put Less Than 200 Miles On It Since. It Has Had Tender Loving Care Since And Has Been Garaged Since Day 1. All Body Parts Were Removed, Repaired, And Painted Before Reassembling.

Tub Was Sandblasted On The Inside, As Well As Other Parts. It Has New Beachwood Canvas Co. Upholstery-Original Canvas. New Bestop Tiger Top, New Tinted Glass In Windshield, New Rubber Parts, Basecoat Clearcoat Paint. Converted To 12 Volt, With GM Alternator, Rebuilt 12V Jeep Starter-Starts With Key, Not Old Floor Lever. New Distributor, And Complete Rewire-Used A Painless Kit. Has An ATM Fuse Block. Has An Optima Battery. New Hubs-Selectro. Has A 1″ Rancho Lift Kit-Just Because Did Not Want Old 13 Leaf Originals. Rancho Steering Stabilizer. New Brakes And Shocks All Around, Inc. Wheel Cylinders and Park Brake. All New Gauges Except Speedo. Gas Tank Was Like New When I Got The Jeep. It Runs Very Well, And Always Starts Easily. Needs A Larger Original Type Steering Wheel. NO RUST EVER!

This Is Not A Highway Cruiser, Has Very Low Gears-Overdrive Units Are Available For These Jeeps. Reason For Selling: I Never Use It, and My Kids Can’t Use It. Have Had It Priced At $8650, But Would Like To See It Go Before Winter. New Price Is $7500 Cash. PS It Got A Trophy For Best Jeep At Our Local Car Show This Year, Had Lots Of Lookers..”

https://montana.craigslist.org/cto/d/1953-willys-m38a1/6323938864.html

UPDATE: Still Available.

(08/29/2017) Could be worth a look.

“FOR SALE 1954 WILLYS M38A1. RUNS GOOD. HAS THE ORIGINAL 4 CYLINDER MOTOR. HAS NEW 2ND GEAR SYNCHROS/BEARINGS. HAS ALUMINUM RADIATOR INSTALLED BUT I STILL HAVE THE ORIGINAL RADIATOR THAT CAME WITH IT. HAS GOOD RUBBER ALL THE WAY AROUND. I DO NOT HAVE THE TOP FOR IT BUT I DO HAVE THE DOORS AND THE FRAME FOR THE TOP. NEEDS WORK DONE ON THE SEATS.”

https://binghamton.craigslist.org/cto/d/jeep-willys-m38a1/6289812868.html

Listed as a 1955, it is either a 1952 or early 1953 based on the hinged grille. The 2nd jeep for $500 is a CJ-5, not an M-38A1.

“Jeep project, I bought this jeep at auction and was told it had been running in the last few years. I got into bad gas and gave up. It is complete and has a military id plate but not titled yet. I have fuel tank out and it is in restorable condition. There is a similar year body that could go with purchase for an additional $500.”

https://charlottesville.craigslist.org/cto/d/50s-jeep/6317789060.html

UPDATE: **SOLD** Was $1600.

“For Sale USMC M38A1, MRC- 83 radio jeep, fabricated at the Marine corps supply center, Albany Georga, needs some things to finish, radiator, front drive shaft, battery, fuel tank, windshield, does run, brakes and brake lights working, and head and tail lights working.changed to 12volt”