I have seen only a few Lugers with GERMANY. The observation so far -- if "GERMANY" stamp is deep, it has no halo; if the stamp is shallow, it has halo. This one's GERMANY is deep, so it "correctly" (I assume) has no halo.
I don't know the observation being correct or not. If correct, the implication seems to be some guns not originally planned to be produced for the US market were routed to the US (shallow GERMANY) ad hoc. And some guns were made for US market as planned (deep GERMANY).
If it's wrong, please ignore. I will observe more and that takes time.
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