John,
If your Luger has the correct "23" on all the normally numbered parts and the grips are original and correct to your pistol, you've paid at the high end of price for a "Shooter" and the low end for a "collectible" all matching Luger.
If there are any non-matching parts (with a number other than "23") this reduces it's value.
At 85% finish coverage, you are at the very low end of what is considered "collectible", and it might only be considered a "shooter". Pictures would help us judge.
The "ERMA" magazine is post war, and less valuable than one from WW-II. Value perhaps $75 in very good condition.
The "S/42" or "42" found on the forward toggle is a German code identifying the firearm as manufactured by "Mauser".
Marc
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 Igitur si vis pacem, para bellum -
- Therefore if you want peace, prepare for war.
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