CameraWorth.com

Leica Leica M5

The Leica M5 is a 35mm rangefinder camera produced by Leitz, introduced in the early 1970s as the first M-series body to incorporate through-the-lens metering. Its larger body and revised top plate set it apart from earlier and later M models, and at launch it sat at the top of Leitz's rangefinder line.

UK auction hammer results for the M5 are wholesale wholesale levels rather than dealer retail, and the limited data available shows a recent saleroom result of £1,800 in late 2025. With only a single hammer record on file as of today, the price a Leica M5 sells for at auction in 2026 is condition-sensitive and varies with cosmetic state, meter function and whether the body is the two-lug or three-lug variant.

Variants

Select a variant to filter the sales history below.

Variant Years Edition Sales Price Range
Fiftieth Anniversary 1 £2,049£2,049

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: August 2026

Date Price Value GBP Source Variant
Aug 2026 £700 £700 🇬🇧 eBay
Aug 2026 £644 £644 🇬🇧 eBay
Jul 2026 EUR 1,600 £1,366 🇪🇺 eBay
Jul 2026 EUR 2,400 £2,049 🇪🇺 eBay Fiftieth Anniversary
Nov 2025 EUR 1,800 £1,584 🇦🇹 Leitz Auction
Nov 2024 EUR 2,000 £1,668 🇦🇹 Leitz Auction

Frequently asked questions

What is a Leica M5 worth today?

Based on UK auction hammer data, a Leica M5 is worth around £1,800 at recent saleroom level, though the value of any individual example depends heavily on cosmetic condition and whether the meter is fully working.

How much does a Leica M5 sell for at UK auction?

The most recent hammer price on file is £1,800 from November 2025; with only one verified sale in the dataset, buyers should treat this as an indicative price rather than a firm market median.

Are two-lug and three-lug Leica M5 bodies priced differently?

Collectors recognise the two-lug and three-lug versions as distinct variants, and condition plus variant typically drive the price spread seen in auction results.