One of the first things that I look at when I look at a Luger is the 'Locking Bolt'. Its irregular shape and size makes it a difficult part to restraw for an amateur. They tend to roll their wrists while preparing the metal for restrawing. This guns 'Locking Bolt' looks pretty darn good to me. Only the grips look like they could be bad.
Just from looking at the pictures, I would think that this artillery would go for more than the estimated price. Just for fun sake, I will throw out an estimate of $2850 to $3000. I sure would like to see more pictures.
Big Norm