Gamma I
The Gamma I is a 35mm film camera, a body sold within the small post-war Italian rangefinder market. It is a niche model, encountered mainly through specialist auctions rather than general retail.
Auction data for the Gamma I is thin: a single UK saleroom hammer result of £1,200 from November 2021 is the only verified reference point, and as a wholesale auction figure it excludes buyer's and seller's commission. With so few sales, today's value is best treated as indicative rather than a reliable median, and what a Gamma I is worth in 2026 will hinge heavily on condition, completeness and bidder competition on the day.
Sales History
Prices shown are realised prices — auction results and completed eBay sales, never asking prices. Most saleroom figures are hammer prices, before commission; some houses publish a premium-inclusive figure, and we do not adjust for condition. Dealer and retail asking prices are typically higher. How this figure is calculated.
Prices updated: May 2022
| Date | Price | Value GBP | Source | |
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| May 2022 | £31 | £25 | 🇬🇧 Flints Auctions | |
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Auction: The Collectors Sale (Lot 302) Title: A Gamma I Rangefinder Camera
Description:
chrome, serial no. 00371, body, P, missing internal components |
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| Nov 2021 | EUR 1,200 | £1,017 | 🇦🇹 Leitz Auction | |
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Auction: Leitz Auction 39 (Lot AI_39_39810) Title: Gamma Roma Gamma I
Description:
an interesting Italian Leica copy, early version with bayonet mount, in excellent condition, with matching Victor-Gamma 3.5/55mm no.075162 Estimate: EUR 1,600 - EUR 1,800 |
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| Jun 2017 | EUR 600 | £526 | 🇦🇹 Leitz Auction | |
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Auction: Leitz Auction 31 (Lot AI_31_35210) Title: Gamma I
Description:
uncommon Italian Leica copy, first version with bayonet mount, in fine condition, with adapted Fed 2/50mm lens (not focusing properly) Estimate: EUR 1,200 - EUR 1,400 |
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| Nov 2013 | EUR 900 | £754 | 🇦🇹 Leitz Auction | |
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Auction: Leitz Auction 24 (Lot AI_24_27489) Title: Gamma I
Description:
early Italian Leica copy with bayonet mount, in fine condition, Victor 3.5/55mm no.75169, everready case Estimate: EUR 1,800 - EUR 2,000 |
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| May 2006 | EUR 1,200 | £820 | 🇦🇹 Leitz Auction | |
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Auction: Leitz Auction 9 (Lot AI_9_26675) Title: Gamma I
Description:
Italian Leica copy with bayonet mount, in fine condition, Victor 3.5/55mm no.75371, Gamma cap, case Estimate: EUR 1,800 - EUR 2,200 |
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| May 2005 | EUR 300 | £205 | 🇦🇹 Leitz Auction | |
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Auction: Leitz Auction 7 (Lot AI_7_25462) Title: Gamma I
Description:
Italian Leica copy with bayonet mount, very good condition Estimate: EUR 500 - EUR 600 |
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| Sep 2001 | £822 | £700 | 🇬🇧 Christie's | |
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Auction: CAMERAS AND PHOTOGRAPHIC EQUIPMENT (Lot 132) Title: Gamma I no. 00296
Description:
Gamma I no. 00296 Estimate: £800 - £1,200 |
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| Sep 2001 | £564 | £480 | 🇬🇧 Christie's | |
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Auction: CAMERAS AND PHOTOGRAPHIC EQUIPMENT (Lot 134) Title: Gamma I no. 00715
Description:
Gamma I no. 00715 Estimate: £300 - £500 |
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| Sep 2001 | £470 | £400 | 🇬🇧 Christie's | |
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Auction: CAMERAS AND PHOTOGRAPHIC EQUIPMENT (Lot 133) Title: Gamma I no. 00382
Description:
Gamma I no. 00382 Estimate: £250 - £350 |
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| Sep 2001 | £564 | £480 | 🇬🇧 Christie's | |
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Auction: CAMERAS AND PHOTOGRAPHIC EQUIPMENT (Lot 131) Title: Gamma I no. 00237
Description:
Gamma I no. 00237 Estimate: £300 - £500 |
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Frequently asked questions
How much does a Gamma I sell for at auction?
The only verified UK auction hammer result on record is £1,200 from 2021, so a single clean example sells for around that figure, though scarcity means individual results can vary widely.
What is a Gamma I worth today?
With just one confirmed sale, a fair price guide for today is the £1,200 hammer reference, adjusted up or down for cosmetic condition, mechanical function and whether a period lens is included.
Why is the Gamma I price so variable?
Low production numbers and thin auction turnover mean each appearance can set its own market, so the value depends heavily on who is bidding rather than a settled median.