The finish is damaged enough to put it into "shooter" status for most collectors.
If it's a particularly rare commercial Luger, that could change valuation. Is there a date over the chamber?
It's got a 1940-1942 era magazine in it.
So, as a shooter without further information, I'd agree with Jerry's estimate.
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 Igitur si vis pacem, para bellum -
- Therefore if you want peace, prepare for war.
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