Ditto on what the others said on the pistol, it is reblued and pitted, and you sightly overpaid.
But the holster may be worth $100 to someone, it is likely a German made copy of the US 1911 shoulder holster; many not issue holsters were made for lugers for GI's just post WWII.
They probably or could have come home together as souvenirs; unfortunately the luger did not fare as well as the holster.
Welcome to the board, but be careful- it is tough to own just one!
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03man(Don Voigt); Luger student and collector.
Looking for DWM side plate: 69 ; Dreyse 1907 pistol K.S. Gendarmerie
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