The Hasselblad 120mm f/4 CF Macro-Planar T* is a close-focus medium format lens for the V-system, built around a Zeiss Macro-Planar optical design in the CF bayonet with integrated leaf shutter. It was Hasselblad's dedicated macro option for 500-series bodies, engineered for flat-field reproduction of small subjects while doubling as a sharp short telephoto on 6x6 film.

Hammer prices at recent UK auction have ranged from £240 to £525, with mid-market examples selling for £262 in June 2024 and £479 in March 2025. That puts the typical saleroom value around £370 in 2026, with the £525 result from late 2022 marking what a clean, fully-working copy could fetch in the auction market. The spread is driven almost entirely by condition — tired bodies with haze or oil issues sell for well under half what a sharp, smooth example is worth.