It looks like a fairly nice Simson; it needs to be cleaned with oil and probably 0000 steel wool (nothing more rough).
Don’t consider rebluing it, as that will ruin the collector value. Its bluing is a bit rougher, but it has a matching magazine, which is fairly unusual and rarer. I would think it is worth at least $2,500, and possibly a bit more.
The initials on the left and some of the finish is rougher, if it was a bit nicer and no initials, probably worth closer to $3500.
Restoring could make it nicer, but restoring in the collecting community is essentially the same as rebluing, its collector value is gone.
Ed
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Edward Tinker
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Co-Author of Police Lugers - Co-Author of Simson Lugers
Author of Veteran Bring Backs Vol I, Vol II, Vol III and Vol IV
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