There were some Bavarians interspersed with ground Naval units in Belgium and up against the Channel, but the Bavarians had no Dragoons. It is not a Dragoon marking.
Off sized numerals or letters are just as easily explained during the Weimar period as "off-pistols" like a P04. It seems to me that it is most likely a police pistol.
All sear safety pistols were police, but not all police pistols had sear safetys.
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