Re: I can't decide
I would buff the rust spots out, using steel wool as Tom suggested, and keep it oiled regularly. It still looks like it is a decent Luger, and reblueing would detract from the value. Soak the steel wool with oil and work gently with it. Be sure to remove any fibers left over from the steel wool as this can cause additional rusting. A bronze-wool pad also will work.
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