James, I think you ought to price 4 point carbon steel these days, you aren't gonna make any gun out of $10 worth of steel today.
Other than that, I agree.
And I did buy a Luger year before last. NIB, made of stainless steel. 9mm, faithful execution of the P.08. And as I later learned, just enough off "spec" that other Luger magazines won't work.
And no, it wasn't $500, more like twice that...
So it isn't that there's NO market, just that isn't much of one....