Manufactured in the 1890s by the firm of Ludwig Loewe (later DWM), the Model 1893 was the work of Hugo Borchardt, formerly the Superintendent of Sharps Rifle Manufacturing Company, and was among the first viable semi-automatic pistol designs to hit the commercial market. The Borchardt Pistol was also an important forerunner to the work of Georg Luger, who would refine the core mechanical principles of the Borchardt to make his own eponymous and world famous handgun. Fixed blade and notch sights, with "WAFFENFABRIK/LOEWE/BERLIN." marked on top of the chamber, "SYSTEM BORCHARDT. PATENT." on the right of the frame, and the patent marking "D.R.P./No. 75837" on the front toggle link. A series of "(crown)/letter" (B, U, and G) proofs are present on the barrel, barrel extension and toggle assembly, with the "172,28" bore diameter on the left side of the barrel and matching external serial numbers. Niter blue and straw colored small parts, with smooth borders on the finely checkered hardwood grip panels with the matching serial number stamped on the insides and on the walnut base of the nickel finished magazine. Included with the lot is a matching numbered extra magazine, matching numbered board stock with "J.R. JONES" stamped on the side and an unmarked detachable cheek rest, pigskin holster, leather straps and an English-language manual.

Fine, with 60% of the original blue finish, showing areas of brown and gray patina, scattered spotting, patches of shallow oxidization concentrated on the sides of the barrel and left side of the frame, edge wear, and mild handling marks. The grips are good, with moderate wear, some dings and varnish loss. Mechanically fine.