To reblue or not to reblue

[colcolombo]

Hi Guys,
I just recently signed on to the forum and I am somewhat Luger ignorant. I am 68 YOA and a retired State Police criminal investigator. I have always wanted a Luger and I recently bought one. Probably paid a little more than I should. Bought a 1938 S/42 with all matching numbers except the magazine of course. The pistol has no pitting and has most of the blue. It is mechanically as tight as a new one and doesn't appear to have been shot much. I paid $1150 for it. I am contemplating finding a competent rebluer and getting a first class blue job and try to find some new walnut grips and a magazine that does not have the shiny aluminum looking tip.
I know this would devalue the gun but it is a great shooter and I have a concealed carry permit and was thinking about doing just that. Any thoughts or opinions would be appreciated. What would the pistol be worth if I pulled this off?
Thanks for any help or suggestions.