It is a commercial that went into military, perhaps even police service. Not rare, just a variation and although a bit uncommon there are others like it.
I think it was a police that never received a sear or mag safety, many of them were purchased as commercial and then placed into service.
Looks like a Portuguese oiler, worth $100-$125 / sometimes more, but not a lot more...
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Edward Tinker
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Co-Author of Police Lugers - Co-Author of Simson Lugers
Author of Veteran Bring Backs Vol I, Vol II, Vol III and Vol IV
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