Roadkill,
I noticed the same Luger yesterday and it looks good to me according to the images. Everything looks consistent such as the excellent checkering on the wooden grips; the slight wear on the high edges; the fading on the grip screws; slight patina in some areas; and the fire blue under the left toggle. I would not let the halo around the serial number bother you because I have seen this effect on some early Lugers. It is a pity that it does not have a matching magazine, otherwise, it would have been a hard 1914 Military Luger to beat.
Albert
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