An experimental, prototype square-format Leica M model from 1954 shattered expectations, selling for more than 60 times its estimated price.
The Wetzlar Camera Auctions, an annual sale of rare and unusual collectible cameras, a majority of which are generally Leica cameras, was held on October 8.
The Leica M Prototype square finally format camera was estimated to be valued between 8,000 and 10,000 euros, but sold for a whopping 687,500 euros when the hammer fell. The “previously unknown” experimental M camera model holds 52 exposures in a 24 by 24mm image format and is estimated to have been produced between 1954 and 1966. The camera’s condition was listed a “B” meaning it wasn’t even in the best shape. Still, the camera was the highest-selling item at the annual auction and eclipsed the other more headling-grabbing items.
The previously mentioned 1957 Black Paint edition Leica sold for EUR 625,000 . This value doubled the highest estimation but did not come close to the highest value a camera of this type has ever sold for.sold for an incredible $1.34 million at the Leitz Photographica Auction. Back then, Leitz Photographica said that not only was it one of the rarest Leica models of all time but it was also in fantastic condition.
The MDa NASA Replica sold for significantly more than its appraisal value as well, racking up a final price of 625,000 euros, equal to that of the Leica MP Black Paint edition.
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