P1s are nice, but I think SOG has original P.38s on sale for about $419 or $429, can't remember which. That's only another $100, which will multiply on down the road in value because of the historical significance.
That said, I'd still like to have a P1 for a plinker. My wife's grandad had a Luger and a P1; when he passed away her aunt got the Luger and one of her brothers got the P1, which rode in one of the nice full flap leather holsters. P38s are loads of fun to shoot, in my opinion. My old byf43 is accurate as well.
Forgot to add that my wife's aunt was gracious enough to let me have the Luger. It's a mismatched gun, with some military and some civilian parts, but it's a cool looking gun, with the strangest Luger sights I ever saw. They look more like target sights.