The FED 2 is a Soviet 35mm rangefinder camera, produced at the FED factory in Kharkov from the mid-1950s into the 1970s. It was positioned as an affordable Leica-inspired rangefinder for amateur photographers, with a combined viewfinder/rangefinder window and an M39 screw lens mount.

At recent UK auction, hammer prices for the FED 2 have ranged from around £50 to £160, giving a midpoint near £110 at saleroom level (wholesale, before buyer's premium). As of today in 2026 the value sits firmly in budget-rangefinder territory, and what a FED 2 sells for depends heavily on cosmetic condition, the specific sub-variant, and whether a working lens is included.