holster is an easy fix by a leatherman (Lugerholster repair here on the forum, NOT a shoe repair). HOWEVER, it appears the holster was CUT-down by a GI, that brings the value to around $100 or so....
The 1937 S/42 is desirable, but not rare. It is the strawed version, worth more, however, yours has freckeling on the finish, brings the value way down.
See picture, is this blueing loss, rust or a camera play?
Maybe $1100-$1300 for the rig, unless the magazine matches, and/or there is a tool in the pouch or a 2nd mag? And not to sound negative, but prices have been hard to get; looking at it in real life would help, but I'd offer around $650-$800 at a gun show and feel that I could get around a $900-$1,000 for it, maybe $100 to $150 for the holster, IF repaired...
Ed
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