Jeff, Welcome to the Lugerforum.
I'll get to your questions in a minute, but first let me ask you to use Standard capitalization rules when typing your messages because all caps is interpreted as SHOUTING... or for special emphasis.
Now to your questions.
First of all, your 1916 Luger should have a serial number on the sideplate... if it is original... your sideplate may have been replaced by a unit armorer due to loss or battel damage... but this small change drastically lowers the value of the pistol... All matching numbers command higher collector prices.
To estimate the value of your pistol you will have to describe the proof marks, all other stamps, and their location. There are identification sheets located under technical information link on the Lugerforum.com Homepage left frame.
Your two magazines are WW2 production and they are some of the best available. They are also not original to your Luger.
If the pistol is clean and lubricated, and properly assembled I would have no problem shooting it with appropriate ammunition based on what you have described.
CAVEAT: IF YOU are not familiar with Luger pistols, have it checked by someone who is before you shoot it
I would hate to see you damage it or yourself.
The current value? A reasonable guess in the described condition would be at least $500 with the two magazines... and maybe more, depending on the authenticity of finish on your pistol, and the condition of the grips, the magazines, etc.
If you can post some clear photographs of the top, and both sides, our best guess can get better.
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regards, -John S
"...We hold these truths to be self-evident that ALL men are created EQUAL and are endowed by their Creator with certain UNALIENABLE rights, and among these are life, LIBERTY, and the pursuit of happiness..."
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