Ed,
If I am not mistaken, the last Luger like this with KM on the grip strap at Simpsons LTD had an asking of over $ 8K...
Here is another one similar to Michael's gun...but a bit later in the series after the Mauser Banner appeared...still KM marked. Asking of nearly $ 9K.
http://www.collectorsfirearms.com/ad...hp?itemID=4218
The authors of "The Dutch Luger" on page 167 (written in 1994) state "...as less than a dozen Navy Lugers with "KM" marks are known...".
I think the KM makes them quite rare and desirable.
Michael,
Thanks for the magazine bottom photo. Quite an unusual repair/modification witht the little metal "staple" in the wood. I have not seen that before...maybe others have...???
Here is a photo of an early Dutch Luger magazine with its unique metal tab retainer. I thought yours may have had this, initially.
Also...if you are interested in the Dutch Luger book, you can pick it up brand new at Simpson's LTD :
http://www.simpsonltd.com/product_in...oducts_id=2637
Bob and Brad Simpson at the Simpsons LTD shop also offer a $ 135 Luger appraisal service. It might be worthwhile in case you ever decide to sell this Luger. An expert appraisal would certainly help a prospective buyer fell more assured with his/her purchase. Here is the link to that appraisal service :
http://www.simpsonltd.com/luger_appraisal.php
With a Luger this rare, I would probably make an appointment and travel to the shop in person with the gun. Hate to have it lost in the mail...