1940 Luger What do I have?

tether11 · 04-29-2012, 09:38 AM

I am hoping there are some Luger experts on here that can help me determine a value of this Luger. This pistol was found in a cabinet in the shop of a relative who died recently. The pistol is in very good condition and as near as I can tell all numbers match. There are 2 magazines that seem to be original but I have not verified that yet.* The holster is in very good condition, looks to be original based on the markings and is complete the a tool.

Any information about the value of this Luger would be appreciated.

Thanks

mrerick · 04-29-2012, 11:05 AM

Hi Robert, and welcome to the forum.

Looks like you have a complete Luger rig in original condition.

Your Luger was manufactured by Mauser in 1940. "gxy" is the German military concealment code for Gebr. Klinge, Lederwarenfabrik, Dresden- Loebtau who manufactured the holster in 1941.

There is a fair amount of discussion about the meaning of the asterisk symbol on the barrel. Some say it's a reject / rework mark. Others think it indicates that the barrel was Czech made.

Please post clear sharp pictures of the bottom and profile of the magazines.

As to my valuation estimates... The original finish coverage looks to be about 90%. With two matching magazines the pistol is probably worth $1800-$1900. The original holster is worth $200. The original tool is worth $75.

If you're insuring it, check some of the online dealers like Simpson Ltd and checkpointcharlies.com. They will show retail replacement values.

Marc

tether11 · 04-29-2012, 08:01 PM

Thanks Mark. Lots of good info. I think we will be selling the pistol once we figure out a fair price. This is the first Luger I have ever had in my hand.

Edward Tinker · 04-29-2012, 09:36 PM

Marc, Robert said he had two 'original' magazines, so it might not be two 'matching' mags.

Robert, to be matching, they have the same serial number on them, with a + on one and the other none.

So, value would be closer to $1200-$1500 or so, perhaps more for extra magazine and holster. The higher value with two 'matching' mags

Ed

CJS57 · 04-30-2012, 06:31 AM

If you have 1 or 2 matching mags then you will get top dollar selling it all together as a "rig". If your mags don't match, you will get highest dollar by selling the items seperate. Gun, holster, tool and extra mag all seperately.

04-29-2012, 09:38 AM	#1
tether11 New User Join Date: Apr 2012 Location: Olympia, WA Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	1940 Luger What do I have? I am hoping there are some Luger experts on here that can help me determine a value of this Luger. This pistol was found in a cabinet in the shop of a relative who died recently. The pistol is in very good condition and as near as I can tell all numbers match. There are 2 magazines that seem to be original but I have not verified that yet.* The holster is in very good condition, looks to be original based on the markings and is complete the a tool. Any information about the value of this Luger would be appreciated. Thanks Attached Thumbnails

04-29-2012, 11:05 AM	#2
mrerick Super Moderator - Patron LugerForum Life Patron Join Date: Dec 2009 Location: Eastern North Carolina, USA Posts: 3,901 Thanks: 1,372 Thanked 3,094 Times in 1,503 Posts	Hi Robert, and welcome to the forum. Looks like you have a complete Luger rig in original condition. Your Luger was manufactured by Mauser in 1940. "gxy" is the German military concealment code for Gebr. Klinge, Lederwarenfabrik, Dresden- Loebtau who manufactured the holster in 1941. There is a fair amount of discussion about the meaning of the asterisk symbol on the barrel. Some say it's a reject / rework mark. Others think it indicates that the barrel was Czech made. Please post clear sharp pictures of the bottom and profile of the magazines. As to my valuation estimates... The original finish coverage looks to be about 90%. With two matching magazines the pistol is probably worth $1800-$1900. The original holster is worth $200. The original tool is worth $75. If you're insuring it, check some of the online dealers like Simpson Ltd and checkpointcharlies.com. They will show retail replacement values. Marc __________________ Igitur si vis pacem, para bellum - - Therefore if you want peace, prepare for war.

04-29-2012, 09:36 PM	#4
Edward Tinker Super Moderator Eternal Lifer LugerForum Patron Join Date: Jun 2002 Location: North of Spokane, WA Posts: 15,916 Thanks: 1,992 Thanked 4,507 Times in 2,081 Posts	Marc, Robert said he had two 'original' magazines, so it might not be two 'matching' mags. Robert, to be matching, they have the same serial number on them, with a + on one and the other none. So, value would be closer to $1200-$1500 or so, perhaps more for extra magazine and holster. The higher value with two 'matching' mags Ed __________________ Edward Tinker ************ Co-Author of Police Lugers - Co-Author of Simson Lugers Author of Veteran Bring Backs Vol I, Vol II, Vol III and Vol IV

04-29-2012, 08:01 PM	#3
tether11 New User Join Date: Apr 2012 Location: Olympia, WA Posts: 2 Thanks: 0 Thanked 0 Times in 0 Posts	Thanks Mark. Lots of good info. I think we will be selling the pistol once we figure out a fair price. This is the first Luger I have ever had in my hand.

04-30-2012, 06:31 AM	#5
CJS57 User Join Date: Nov 2011 Posts: 224 Thanks: 0 Thanked 81 Times in 41 Posts	If you have 1 or 2 matching mags then you will get top dollar selling it all together as a "rig". If your mags don't match, you will get highest dollar by selling the items seperate. Gun, holster, tool and extra mag all seperately.