That pistol looks great and somewhere in my tangled library I'm damn sure I got something on it. Looks alot like a Dreyse but it is not. Sure looks to be of european origin,7.65 or 32 cal??. Definetly very early given your four digit serial number, have you done a search on the forum using the search icon.
It is a very early Fritz Langenhan Selbtlader, German pistol about 1915, a lot of these used in WW I as a secondary pistol. In my humble opinion it is very interesting early FL! Value? Here in Europe I will pay for the same about 600$ without negotiating.
Listen to Jan's post as he is by far more authoritive on the European weaponary. As stated that is a very nice handgun and a true find as it appears to be of excellent condition and please post more pictures of different angles and a close up of the grips inside and out bieng very carefull not to damage the slot in the grip screw.while removing them.
You have a Langenhan Military Model. They also made a little .25 cal. for commercial sale, but the one you have is a .32 which was only made during WWI for sale to the military. While described as a secondary issue, it was more likely an officers pistol, given the fashion of the day for officers to carry small pistols.
The .32 Langenhan can be dangerous if fired with a loose breach block screw. This screw is located in back of the slide and it should be quite tight to be sure the stirrup breach block lock is kept in place (the part with slide grasping grooves in it). If loose, a few shots could cause the stirrup lock to fly up releasing the breach block to fly into your face. (see GERMAN PISTOLS AND REVOLVERS, 1871 - 1945 by Ian V. Hogg.)
I have seen a few of these with cracks in the stirrup shaped breach block lock. For this reason, the stirrup should be checked for cracks prior to use.
Otherwise, it is an interesting historical WWI pistol. The one you have has plenty of blue and looks like an extra nice example. These are not seen as often as they used to be.
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