If you have a holster for it, be sure NOT to store it inside the holster.
It would be best to unload any rounds from the magazine, and make sure that there is no round in the chamber of the Luger (you can remove the magazine using the button on the side, and then (while keeping the muzzle pointed in a safe direction) carefully lift the toggles and pull them back to check for an empty chamber.
Store the rounds of ammunition separately from the Luger, perhaps in a small plastic sandwich bag.
It would be wise to coat the Luger with a thin coat of preserving gun oil. You can get products from RemOil or Hoppes at WalMart. Also lightly lubricate the Luger's action.
Store it where moisture can't get to it, and check it periodically to make sure it isn't corroding.
Marc
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 Igitur si vis pacem, para bellum -
- Therefore if you want peace, prepare for war.
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