[lugerholsterrepair]

Josh..Congratulations on your first Luger! The finish cannot be original..the pretty deep pitting tells us that. You may want to oil up the pistol and see if any bluing is removed. Usually oil will take off cold blue.
It's great that the serials match..Always something to like there. This would make an excellent shooter..it's condition throws it out of the pure collector catagory. Mismatched grips and pitting..I would value the pistol at $500-600
The holster is looking pretty good but it's always necessary to see the interior to see if Pandora is lurking inside...If nothing is amiss there the holster is the kind I like to see..smooth leather with no flaking. The top stitching is coming loose for a considerable portion. The belt loops are replacements of course.
As David says the magazine is a nice WW1 type. Worth say..$100+ according to my daily search for them on Ebay.
If you are a shooter you did good...