The Ortgies was not a bad gun but is now a collectors item. It has no safety other than the grip safety, and is prone to breaking firing pins if dry fired. If taken down, reassembly is tricky. All in all, I for one would not recommend it for other than a collection. They have little historical value as they were never a military issue pistol. They were common war souvenirs. That price is probably OK, but I have seen ones near 100% go for only $200 or so. For any practical use, I would prefer a Walther PP (because of the double action), with a Colt 1903 second.
Jim