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The main trouble with those guns is usually the owner. If the gun has not been messed with, it should be a good, rugged and reliable gun. They are arguably the finest pistol ever made for the .32 ACP/.380 ACP cartridges. IMHO, only the Walther PP/PPK is in the same class and they are a generation newer.
Parts breakage is almost never a problem, and the guns are accurate within the parameters for a pocket pistol. One word of advice; if you consider taking the pistol apart beyond field stripping - don't. They come apart easy and go together hard, with none of the "how to" sites explaining the small trick necessary for reassembly.
One drawback for carry is the small safety, the other is the cartridge, since .380 is considered a bit marginal (in spite of the scads of pistols now coming out for that cartridge) and .32 depends a lot on shot placement for effectiveness.
As for the amount of finish, that means nothing in a defense firearm. IMHO, the price is a bit high for the condition described, $100 less would be more like it. Also, I would be leery of the "as-is" policy; it could just be normal good business on a 100 year old gun, or it could be they know something you don't about the gun.
Jim
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