Leica Becomes the World’s Most Expensive Small Camera

The 84-year-old Leica has fetched $551,151 in a recent auction, being 100 times the cost of any contemporary digital camera! The portable black camera becomes the world’s most expensive small camera and the second most expensive camera ever sold at an auction. An unidentified European collector took away the rare 1923 product.

Leica happened to be the seventh of a series made in Germany to analyze the market for portable cameras, designed for export to New York. For the reader’s information, the world’s most expensive camera sold at an auction was the Daguerrotype early camera, created by the Susse brothers, which dated back to 1839 and went off for $951,598.

Via:  bornrich