M:
Welcome aboard, and that is a very nice Luger that you have inherited. The photos are a bit dark to see much detail, but everything looks good from what I can see.
A ballpark WAG for a 1938 Luger, average to maybe a bit better than average, matching except the magazine, would be around $1500.
Nothing is jumping out at me as far as why it may be unusually difficult to cycle at the rear. Make certain that the safety is off and try it without the magazine just to eliminate drag as the culprit. (I would ask others to look closely at the breechblock in the last photo.) Does it otherwise function correctly, dry fire, live fire, etc?
dju
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