Darth,
I responded to your message on the "other" forum. The gun is a Weimar or early Nazi Kriegsmarine piece (Ostsee). The magazines sound like WWI Navy as lugercollector has pointed out. In good shape and original, they are worth at least $150 each. If the gun hasn't been messed with, looks like you have made a decent find.
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If it's made after 1918...it's a reproduction
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