Possible First Luger

[LarryT]

Having been born in 1938, as a young boy during WWII I fell in love with Jeeps, 1911's and German Lugers. I have the Jeep, the 1911, and now its time to treat myself to a Luger. I am a total novice so would appreciate your helpful advice.

Today I found a Luger labeled as a 1920 DWM 7.65.
It has the following characteristics:

-Almost all bluing is gone except on the barrel which is pretty deep blue with small wear around muzzle.
-Bore is absolutely perfect
-Grips are perfect
-Has stock lug
-Serial Number 8623 with an M under it. All other parts I can see match with 23.
-Strawed trigger, takedown lever, safety
-Under safety lever is Gesichert I believe at highest level.
-Made in Germany export markings on right side of receiver.
-Internal parts not blued
-Crown N proof marks on barrel, side plate, and I think one other location. I think this means it is a military Luger.
-8623 S/N on barrel has Crown N over it and script M under it, same as front of frame.

Holster is as follows:
-Tan with no wear on outside
-tie down strap is broken right above buckle. buckle is still fastened.
-Front mag pocket has the second mag in it. Both of the mags have wood bottoms but no markings at all. They match each other perfectly.
-Loading tool is missing from holster
-Inside top of holster is F.M.G.A.9. marking
-Outside front has A.WERTH 1915 marking.
-One rear belt loop stitching has let go.

Cocking works smoothly, dry fired one time to check. good solid feel.

Gentleman wants $740 for both.

I would appreciate your comments as a new and eager-to-learn member.