You are correct, it is a commericial luger, commonlly called an "alphabet" luger, made in the mid 1920's for export to the USA (see the Germany stamping).
I presume it is in 7.65mm caliber?
Value is harder to say, it is reallly in excellent shape, which can help value.
I normally would say about $1000-$1200 for a commercial luger, but I think $1400-$1500 would be about right.
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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