Industry News


Why a Fire-Damaged Vintage Leica M4 Sold for Over $2,000

May 21, 2021

By Hillary K. Grigonis

© Flints Auctions

Leica cameras are known for their luxuriously high price point—particularly vintage models. But how much is a damaged, unusable vintage Leica M4 worth after going through fire? Apparently, more than $2,000. Flints, an auction house in the United Kingdom, recently sold a burned vintage Leica M4 with a Summicron f/2 50mm lens for £1,488, which is equivalent to about $2,040. Functioning Leica M4s, without a lens, are going for between $1,400 and $2,200, on eBay.

[Read: Nikon L Rangefinder Prototype Auctioned Off For $468,850]

Much of the value of this vintage Leica M4 likely comes from the date of the camera. The crisped M4 is a 1968. Leica had started producing the rangefinder only two years earlier, and would go on to craft only about 58,000 camera bodies before the launch of the M4-2 in 1977.

Vintage Leica M4.
Burned Leica M4 auctioned off.
© Flints Auctions

Of course, maybe some of it is the unusual patina. In a photo shared by the auction house, the camera is ashy and rusted, with the lens of the glass cracked. Perhaps the buyer is looking to use the camera as a piece of decor…since you can’t actually shoot with it.

[Read: Warhol’s Polaroid SX-70 Land Camera Sold for $13,750]

Flints did not say how the camera came to its “chargrilled” state. Petapixel notes, however, that the one of the camera’s previous owners had bought it for $900 at a camera show. “I thought of it as pared down to the basics of design,” Johnathan Bloom, a previous owner, told Kosmo Foto. “An object perfect in its form. Stripped of its utility but perfect in its design. That is what’s cool about this. Anyone who bemoans the broken camera is full
of s–t.”

In essence, the camera, a tool for art making, may have just become art itself. And while $2,000 for a crispy camera that doesn’t work seems like a lot, the most expensive camera ever sold was a prototype Leica 35mm camera. It sold for $2.97 million at an auction in Vienna in 2018.