That is a Bulgarian holster, usually seen made for a Luger. It would be nice to see a side view of the magazine pouch to see if it is cut for a Luger magazine bottom, or if it is straight indicating it might be for a P38. Evidently it was pressed into service by Germany...or somebody has a waffenamt stamp and a vivid imagination.
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If it's made after 1918...it's a reproduction
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