1923 Leica O-Series Sets A New Record For Most Expensive Camera Ever Sold

If you’re the kind of person who hates expensive collectors items then you may want to look away; because a 1923 Leica O-Series just set a new world record and became the most expensive camera ever sold. The price? Approximately $2.79 million after tax. The funny thing is that the exact same model (there are 12 of the original 25 left in existence today) set the previous world record of $1.89 million last year at the exact same WestLicht Photographica Auction. And when you consider that the first O-Series to be auctioned back in 2007 went for only ~$435,000, you have to marvel at that rate of appreciation.

(via France24 via TogTech)

  • mythbuster

    just speculation:
    Two collectors have a number of o-series Leica cameras and they want the price of their investment go high. They “sell” in an auction some of the cameras to each other for a record price… easy.

  • Tyler

     Or better yet, when one of those cameras come up for sale, one of those two collectors who already has 8 of the 12 cameras purchases another.  The fewer cameras that are available, the more his collection is worth.

  • Jwolberg

    I’ve seen replicas…nownow, not the originals…but RERPLICAS of this model go for thousands. No joke.

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  • humancalculator

    That sounds like a great way to pay hundreds of thousands in commissions.

  • Jsaltshaker

    Auction houses usually take higher percentages than that.

  • Kingman

    I had one of these that certainly would not have been known to exist until after it was stolen from me about 10 years ago. My father had bought it secong hand as a child after an independant valuation had said that the then high price he paid for it would be a great investment. Having mentioned this to somebody they said they could get it valued for me, and returned to say it was worthless. I replaced it in the drawer i kept it in from where soon after it mysteriously disappeared.
    It differed in a few ways from the one shown, it had the same viewfinder rather than the pop up one, but the lens was silver, and the shutter release button was in the centre of a bowl (presumably to stop accidental pressing). It also had with it a lower brown leather case that screwed into the bottom of the camera with a huge knurled screw held to the case with a leather strap.

  • Zos Xavius