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How Much Did a Panzer 3 Cost?

Published in Panzer III Cost 2 mins read

A Panzer III, specifically the Ausführung M (Ausf. M) variant, had a unit cost of 103,163 Reichsmarks (ℛ︁ℳ︁). This cost reflects the extensive engineering and manufacturing efforts required for these crucial tanks during World War II.

Understanding the Panzer III's Value

The Panzerkampfwagen III, officially designated as the Sd. Kfz. 141, was a medium tank developed in the 1930s by Germany. It was designed primarily to engage enemy tanks, while the concurrently developed Panzer IV was intended for infantry support. Its cost reflects the technological advancements and strategic importance placed on armored warfare by the German military.

The price of a tank like the Panzer III covered not only raw materials but also sophisticated components, assembly, and testing. It's important to note that the cost could vary slightly between different production series (Ausführungen) due to design changes, material substitutions, or improvements. The Ausf. M was a later production model, incorporating lessons learned from early combat experiences.

Key Specifications and Production

To put the cost into perspective, here are some key details regarding the Panzer III:

Feature Detail
Unit Cost 103,163 ℛ︁ℳ︁ (Ausf. M)
Production Years 1939–1943
Number Built 5,774 (excluding StuG III assault guns)
Primary Role Main battle tank, tank-to-tank combat
Official Designation Sd. Kfz. 141

The production run of over 5,700 units (not including the StuG III, which utilized the Panzer III chassis) indicates its widespread deployment and significance on various fronts. The consistent production over four years, even as design evolved, highlights its foundational role in the Wehrmacht's armored divisions.

For more information on the historical context and technical specifications of this influential tank, you can refer to detailed historical accounts and military encyclopedias.