None of the Luger manufacturing lines or military users of the pistol that I know of would have marked a magazine with a 3/4 inch high digit "7".
Also, to make it clear, Mauser was not making Lugers or parts for Lugers with their commercial banner trademark until the mid to late 1930s. The DWM assembly line was moved to Oberndorf in the 1933-1934 timeframe.
Up to the end of WW-I, Lugers were made by DWM and the Imperial arsenal at Erfurt.
The Erfurt tooling was moved to Suhl where Simson & Co. refurbished WW-I Lugers and (after 1925) built 12,000 new ones.
Their tooling was confiscated by the Nazi government and moved to Krieghoff's operation in about 1933.
So, the parts you're describing on your Luger could not have come from the same factory. In 1920 (whether a date or the more likely Weimar property mark) the pistol would have been manufactured by DWM or the Erfurt arsenal.
It would be interesting to know if your pistol has the police modifications like the sear safety or magazine safety. As many have mentioned, pictures are going to help.
As your personal interests span both World Wars, your Luger probably does also. It's most likely a parts pistol, but would be interesting to learn if Mauser refurbished it or it was done after WW-II. The Germans didn't waste things.
Marc
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 Igitur si vis pacem, para bellum -
- Therefore if you want peace, prepare for war.
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