I think you are pretty much on the money with your own description. A fairly common WW1 gun in about average condition. I'm not sure if I'm ready to relegate it to the shooter column just yet, especially if ALL numbers including the magazine match. I'm thinking that a very good cleaning and oiling, AND having Hugh facelift the grips, could make it fairly presentable. But actual condition is hard to judge from these photos.
Regarding value, still unclear on matching mag. issue, but ballpark $750 as-is, to maybe $1000 tops.
Anyway, you have a nice Luger there, just take care of it and enjoy!
dju
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