Vintage Leica sold for over 15 million dollars
Jun 18, 2022 01:08:31 #
A rare Leica 0-Series No.105 camera sold on June 11th at the Leitz Photographica Auction in Germany for a staggering new record.
The camera, produced in 1923, once belonged to Oskar Barnack, the Leitz Company engineer who designed the horizontal transport 35 mm format camera.
The pre-auction estimate was 2-3 million euros. The final hammer price for the camera was 14,400,000 euros (almost 5 times the estimate). No information on the buyer. That's over 15 million dollars, making it by far the world's most expensive camera.
The camera, produced in 1923, once belonged to Oskar Barnack, the Leitz Company engineer who designed the horizontal transport 35 mm format camera.
The pre-auction estimate was 2-3 million euros. The final hammer price for the camera was 14,400,000 euros (almost 5 times the estimate). No information on the buyer. That's over 15 million dollars, making it by far the world's most expensive camera.
Jun 18, 2022 04:54:05 #
MDI Mainer wrote:
A rare Leica 0-Series No.105 camera sold on June 1... (show quote)
Wow. Must be a solid Leica enthusiast.
If I have that much money to spare, it would be a DeLorean, maybe even two, and I'd still have plenty of dollars left to drive it across the continents with my family and dozen other cameras
Jun 18, 2022 06:13:36 #
MDI Mainer wrote:
A rare Leica 0-Series No.105 camera sold on June 1... (show quote)
Too much money chasing too few goods....its apparently money to burn
Jun 18, 2022 06:52:17 #
Guessing the buyer is an eccentric billionaire who likes photography; hope he runs a roll of film through it and shares the experience with us. (Would love it if this turns out to be Jared Polin!)
Jun 18, 2022 06:58:59 #
MDI Mainer wrote:
A rare Leica 0-Series No.105 camera sold on June 1... (show quote)
Pretty amazing.
It would be a real privilege to just hold the camera let alone own it.
Lucky person who got it and had the resources to fulfill the dream.
Happy for the proud new owner.
Jun 18, 2022 08:18:16 #
Wallen wrote:
Wow. Must be a solid Leica enthusiast.
If I have that much money to spare, it would be a DeLorean, maybe even two, and I'd still have plenty of dollars left to drive it across the continents with my family and dozen other cameras
If I have that much money to spare, it would be a DeLorean, maybe even two, and I'd still have plenty of dollars left to drive it across the continents with my family and dozen other cameras
If I spend that much on a camera I would have a company makes me one my way. But I know that when if I resell it it would be worth little. While the Leica perhaps doesn't even work the new owner may be able to sell it for the same or not more.
Jun 18, 2022 08:24:36 #
MDI Mainer wrote:
A rare Leica 0-Series No.105 camera sold on June 1... (show quote)
Bad economy? Not for some people.
Jun 18, 2022 09:55:19 #
Dang, I have an old camera of my dad’s. Hope it is one of those!!!😳
Jun 18, 2022 09:58:54 #
BebuLamar wrote:
If I spend that much on a camera I would have a company makes me one my way. But I know that when if I resell it it would be worth little. While the Leica perhaps doesn't even work the new owner may be able to sell it for the same or not more.
Now that you mentioned it, that would be the perfect camera!
Jun 19, 2022 06:47:16 #
ddgm
Loc: Hamilton, Ontario & Fort Myers, FL
It would be interesting to know how many bidders there were to drive the price up to that level. At the least it would be two.
Jun 19, 2022 07:53:09 #
And what's he going to do with it. Put it in a glass case and just look at it from time to time. What a waste. You buy something to use it not just look at it. Indeed you wouldn't walk around with it and take pictures.
Some people just have way to much money.
Some people just have way to much money.
Jun 19, 2022 08:08:03 #
CaptainPhoto wrote:
And what's he going to do with it. Put it in a glass case and just look at it from time to time. What a waste. You buy something to use it not just look at it. Indeed you wouldn't walk around with it and take pictures.
Some people just have way to much money.
Some people just have way to much money.
He's going to put it up for auction in a few years.
Jun 19, 2022 10:23:38 #
jerryc41 wrote:
He's going to put it up for auction in a few years.
I was thinking he is not going to lose money reselling but now I think he must sell it for significant more than the 15 millions to make back his money because he had to pay a buyer fee.
Jun 19, 2022 11:20:43 #
Jun 19, 2022 11:45:46 #
jerryc41 wrote:
He's going to put it up for auction in a few years.
To some, that is good business. That is how some paintings became very expensive. Its not about the beauty anymore, rather the hype & re-sale.
If not sold, they donate it and become tax deductibles.
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