diff --git a/Lib/argparse.py b/Lib/argparse.py
index 100ef9f55cd2f7..99806d848443a7 100644
--- a/Lib/argparse.py
+++ b/Lib/argparse.py
@@ -2470,12 +2470,17 @@ def parse_known_intermixed_args(self, args=None, namespace=None):
     # Value conversion methods
     # ========================
     def _get_values(self, action, arg_strings):
-        # for everything but PARSER, REMAINDER args, strip out first '--'
         if not action.option_strings and action.nargs not in [PARSER, REMAINDER]:
-            try:
-                arg_strings.remove('--')
-            except ValueError:
-                pass
+            if ((action.nargs in [ZERO_OR_MORE, ONE_OR_MORE] or
+                (isinstance(action.nargs, int) and action.nargs > 1)) and
+                action.type is None):
+                if arg_strings and arg_strings[0] == '--':
+                    arg_strings = arg_strings[1:]
+            else:
+                try:
+                    arg_strings.remove('--')
+                except ValueError:
+                    pass
 
         # optional argument produces a default when not present
         if not arg_strings and action.nargs == OPTIONAL:
diff --git a/Lib/test/test_argparse.py b/Lib/test/test_argparse.py
index fd111be18aed6e..7da0da8ec5a32e 100644
--- a/Lib/test/test_argparse.py
+++ b/Lib/test/test_argparse.py
@@ -5716,6 +5716,27 @@ def test_double_dash(self):
         args = parser.parse_args(['--foo', 'a', 'b', '--', 'c', 'd'])
         self.assertEqual(NS(foo=['a', 'b'], bar=['c', 'd']), args)
 
+        parser2 = argparse.ArgumentParser()
+        parser2.add_argument('foo')
+        parser2.add_argument('bar', nargs='*')
+
+        args = parser2.parse_args(['foo', '--', '--bar', '--', 'com'])
+        self.assertEqual(NS(foo='foo', bar=['--bar', '--', 'com']), args)
+
+        parser3 = argparse.ArgumentParser()
+        parser3.add_argument('foo')
+        parser3.add_argument('bar', nargs='+')
+
+        args = parser3.parse_args(['foo', '--', '--bar', '--', 'com'])
+        self.assertEqual(NS(foo='foo', bar=['--bar', '--', 'com']), args)
+
+        parser4 = argparse.ArgumentParser()
+        parser4.add_argument('foo')
+        parser4.add_argument('bar', nargs=3)
+
+        args = parser4.parse_args(['foo', '--', '--bar', '--', 'com'])
+        self.assertEqual(NS(foo='foo', bar=['--bar', '--', 'com']), args)
+
 
 # ===========================
 # parse_intermixed_args tests
diff --git a/Misc/NEWS.d/next/Library/2024-09-16-22-26-43.gh-issue-95468.L1bRag.rst b/Misc/NEWS.d/next/Library/2024-09-16-22-26-43.gh-issue-95468.L1bRag.rst
new file mode 100644
index 00000000000000..1beeaaa7211e99
--- /dev/null
+++ b/Misc/NEWS.d/next/Library/2024-09-16-22-26-43.gh-issue-95468.L1bRag.rst
@@ -0,0 +1 @@
+Fix a bug where :mod:`argparse` would remove "--" in cases where it delineates positional arguments in nargs.