The very small chip you refer to is probaly what is generally called the "million dollar chip" that is to say a little bit of he left grip panel behind the safety lever.
In my opinion half a line is not really enough to give you asufficiently exhaustive answer, the ideal would be to see some close and detailed pictures of that Luger, as I think 800,00 could be a bargain for a gun without a mag, or even to much.
IMHO
Sergio
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"Originality can't be restored and should be at the top of any collector's priority list.
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