David:
Welcome to the forum! You are right - you have a 1920's "alphabet" Luger made in Germany by DWM for export for commercial sale. We call the "locking bolt/lever" a "takedown lever". GESICHERT means "made safe" and designates the safety is on and GELADEN means "loaded" indicating a round is in the chamber when visible.
Congrats. Value could be anywhere from $700-$1250 depending on condition and the right buyer. Would like to see photos!
Clark
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My militaria collection is dedicated to the memory of my Grandfather, Marine Gunnery Sergeant Dave Hill, Jr., wounded in action at The Assault of the Second Marine Division on Betio Island, Tarawa Atoll, 20-23 November, 1943. http://www.tarawa1943.com/pages/casualties%20tarawa.htm
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