The question is really too vague to give a concise answer to. We have many different types of Lugerheads on this forum. Some only want to pretty up a mismatched shooter so that they can have a nice looking Luger to kill some paper targets at the shooting range. Others want to restore a very expensive rare collectors piece to "new in box" condition. There are all sorts of Lugerheads in between.
Suppose that you have a mismatched shooter that you only want to doll up. It has a good bore and functions well. Will that Luger drop in value? Maybe, but it wasn't worth a lot from the beginning.
But suppose that you have a rare and expensive collectors piece. After a while, that gun will have passed through a few sellers and buyers hands so much that you really don't know who did the original work. It could have been an artisian, a good counterfeiter or anyone in between.You really have to know your do-do regarding Lugers to tell and sometimes that isn't good enough. Remember, if the gun is rare and expensive there are few, if any, to compare it to and collectors may shun buying it at any price.
Your Luger will probably fall in between my above two examples and the above posts becomes truth. So the real question should be "I have such and such Luger in such and such condition. What will I gain or lose by having so and so restore it?" Then you have to take costs into consideration and make a judgement call.Something is only worth what someone else is willing to pay for it.
Big Norm
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