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Your violin is a workshop copy of a Stradivarius model, made in one of several factories in Germany between 1921 and 1946 (the phrase "Made in Germany" was not in use until 1921). They were turned out by the thousands, primarily for export, and are still considered to be good student instruments today (not for concert performers).
If your violin is in very good condition with very good tone, its current retail (replacement or insurance) value is approximately $1,000. If you were to sell it, you could expect to get the fair market (private sale or auction) value of approximately 40% of the retail amount, or $400, depending on location and actual condition. The bow is usually included in the price of the violin.
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