Nope, much later. From the late 1930s, early 1940s.
You will notice that the rounds were not made in Karlsruhe, but in Berlin. I recall they started production of pistol rounds in Berlin at a relatively late date, 1938 and upwards.
If they were made in the late 1920s or early 1930s they would be marked 'Berlin Karlsruher Industrie-Werke vormals Deutsche Waffen- und Munitionsfabriken'.
This box is marked 'Deutsche Waffen- und Munitionsfabriken' which places it after the change to their old name, which took place in 1936.
Hope this helps, nice box.
Furthermore, the DWM name on the headstamps is without serifs, a practice that DWM introduced after the 1920s.
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