Hi, congratulations on your family heirloom. We have a FAQ published on the site that you'd find useful. Just download the pdf linked by the FAQ post.
Looks like one magazine bottom may be broken or homemade. G.T. here can restore the magazine.
Don't store the magazines full of cartridges. Don't store the Luger inside it's holster. If it is all matching and in original finish, it's considered collectible. As you can see, you'd lose half it's value by breaking a numbered part. Consider never shooting it, and taking the real risk of damage. It is, after all, 100 years old...
I can't make out the unit mark, but it might be "M.G."? A machine gun company?
Your left grip panel has the "million dollar chip" up by the safety lever. Hugh Clark on this site can repair these if you want to restore the original grip.
There might be a serial number suffix letter under the numeric digits on the front of the frame. That letter (if present) is part of the serial number.
In addition to the values mentioned earlier, the tool would be worth $75-$125 if authentic and the acceptance mark is original.
Cheers, Marc
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 Igitur si vis pacem, para bellum -
- Therefore if you want peace, prepare for war.
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