Why so many people try to convert artillery holsters to belt holsters is beyond me.
The LP08 Artillery Luger was never intended to hang on soldier's belt for obvious reasons.
Altered ... lowered collector value
Original ... premium collector value
I would restore the pull-up strap and re-attach the cover flap for the cleaning rod pouch.
But thats me. I wouldn't let a 1970 Hemi Cuda rust either.