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If it is presented to you as an original Luger, sorry, it is not.

If it is an acknowledged reblued gun, and priced so, then it is your choice.
 

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For this.... I am counting how many silver coins that I have to sell to buy this one...

For reblued gun pricing, I am not good. I seldom trade reblued guns. I heard other collectors saying 800 to 1200. So, 800? That is about 20 Brilliant Uncirculated ASE silver coins.
 

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For this category, the most important factor is the gun working or not. Other factors not important IMO. Some people care it's matching or not, but that is a minor factor in this context.
 

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What is the owner asking for it?
 

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No..Not what I would call even close. Not only re blued but the left side has been scrubbed/abused. You can do much better with $1,500.
 
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If I were considering this pistol, I would want to field strip it..closely inspect all of the parts and the bore condition. Oil it good, then run a magazine or two through it to satisfy myself that IS actually a viable shooter. If it passes that test, it SHOULD be worth a thousand. The re bluing doesn't look like the finisher fell asleep on the polishing wheel..Many of us have bought the first Luger to come close to us. Sometimes a bargain but many times the lure overcomes our cautions. Be cautious. A thousand bucks is still after tax hard earned money. It's not really spent...IF the pistol you buy is a good one. You will likely get it back someday and have enjoyed a nice pistol in the mean. Due diligence is important. This IS a shooter so make SURE it shoots.
 

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Maybe $1k is acceptable, depends on the level of anxiety due to waiting and searching..

1k...

The C&R market is going up this year. Back a few years ago, the following gun in near mint condition came to me at exactly $1k. Nowadays, it must have higher value because I saw dealers listing lower condition ones for higher price. Not a Luger, but the overall market is up.
 

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You didn't miss anything.
 
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