Doesn't look much like a Luger to me!
From an old pasteboard box for an Esico soldering iron . Below, more stuff from the box:
The Electric Soldering Iron Company had its beginnings in 1928. It's still around, now as Esico-Triton International, and still headquartered in Deep River, Connecticut. There are not many American tool firms left that can boast such longevity and loyalty to one location.
Obliquely related, another use for a soldering iron:
Cool! I never knew such a thing existed. There is a demonstration of the exploding rivet on YouTube:
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