The Hasselblad 120mm f/5.6 S-Planar T* is a Carl Zeiss-designed short telephoto macro lens for the Hasselblad V-system 6x6 medium format cameras. Optimised for close-up and flat-field reproduction work, it carries the Zeiss T* multi-coating and was intended for users needing higher corner-to-corner sharpness at close distances than the standard 80mm Planar could provide.

At recent UK auction, hammer prices for the 120mm f/5.6 S-Planar T* have ranged from £189 to £288, with the two recorded 2024–2025 results sitting around a £238 midpoint. These are saleroom wholesale levels rather than dealer retail, so clean, fungus-free examples typically sell for noticeably more once marked up by specialist dealers in 2026, and cosmetic or optical faults push the price paid well below this band.