Hi James,
First, welcome to the forum.
You have a very rare and valuable historically significant Luger Carbine.
Anything you do to try and "improve" it will only reduces it's value - both in terms of history and as a collectable.
Apart from taking Michael's advice to properly clean and lubricate it, don't attempt any kind of restoration or refinishing.
Let me repeat, in my opinion there is absolutely nothing wrong with your Luger Carbine that needs fixing...
I know that this is a family heirloom, but someday if you decide you need a new car and want to part with it to a good home, please give me a call... ;'}
Marc
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Igitur si vis pacem, para bellum -
- Therefore if you want peace, prepare for war.
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