Leica M3

Leica M mount

The Leica M3 typically sells for £933 (median of 713 recorded sales, 1998–2026; solid evidence, wide spread, version mix).

Typical sale price
£933

median of 713 sales, 1998–2026

last 3 years: £1,958 (130 sales)

Solidwide spreadversion mix
£100£1k£10k£100k£1m

Middle half of sales: £600–£3,236

298 of the records are from 1998–2007, when an M3 sold for about £600; since 2008 the typical price is about £1,717 (415 sales).

Which version was it?
254matched202listing doesn’t say257not yet checked
Hammer prices, buyer’s premium removed; eBay as soldHow ↗

Price by version

Typical price and middle half, on one shared scale.

Not in the typical price

Listed apart, never blended in.

Over time

£50£1k£20k£500k200020102020

Every sale since 1998; no trend line. 1998–2007: £600 (298) · 2008–2026: £1,717 (415)

Latest sales All 793 →

Leica M3£942
9 Aug 2026 · eBay · €1,100as sold ↗
○ version not yet checked
Leica M3 Body | Full Works | item2£1,104
9 Aug 2026 · eBay · €1,290as sold ↗
○ version not yet checked
[CLA'd in May 2026 MINT] Leica M3 Black paint Repaint SS Rangefinder From JAPAN£1,847
6 Aug 2026 · eBay · $2,501as sold ↗
○ version not yet checked
Leica M3 Body Housing Rangefinder Red Box Original Box Extras Original 1955 Serviced£1,160
31 Jul 2026 · eBayas sold ↗
○ version can’t tellboxed

What it is

Launched in 1954, the Leica M3 holds a foundational place in photographic history as the very first production M-camera, inaugurating a lineage that would come to define the 35mm rangefinder. Its arrival marked a decisive departure from the earlier screw-mount Leicas, most visibly through the adoption of a bayonet lens mount that allowed lenses to be changed with a swift quarter-turn rather than a patient thread. Equally significant was the rangefinder itself: with a base length of 68.5 mm, considerably longer than that of the screw-mount predecessors, the M3 offered focusing precision that suited the fast, long lenses of the era. The viewfinder carried a permanent 50mm frame, anchoring the camera's character around what many still regard as the quintessential reportage focal length.

The road to production was a deliberate one. Approximately sixty-five prototypes, known collectively as the Null Serie, were built before the first true production camera emerged, and certain pre-production examples featured an exposure counter that did not reset automatically—a quirk that underscores their transitional nature. The earliest production bodies likewise betray their pioneering status: their top-plates were secured by four exposed screws, two at the front and two at the back, and their strap lugs were triangular in form. One notable omission by modern standards was TTL metering, which the original M3 did not offer; through-the-lens measurement would arrive only as a later improvement to the M system.

Among collectors, variants of the M3 are catalogued with particular care. Black paint examples are prized for their rarity, with total production amounting to 7,080 units. Factory outfits were identified by codeword: ISAIO, for instance, designated the M3 paired with the 50mm f/1.5 Summarit, a combination available between 1954 and 1958. Together, these details trace the M3's evolution from experimental prototype to enduring icon.

Versions and how to tell them apart

chrome Double Stroke
77 sales
£1,116Solid
chrome (Single Stroke)
65 sales
£850Solid
black paint
47 sales
£11,067Solid
Betriebskamera
8 sales
£4,400Indicative
olive Bundeseigentum
7 sales
£47,875Indicative
chrome (1000000)
6 sales
£1,112Indicative
Dummy (attrape)
display piece — priced on its own · 5 sales
£480Indicative
Display
display piece — priced on its own · 4 sales
£3,254Indicative
black paint (second batch)
4 sales
£22,679Indicative
chrome (early, corner)
4 sales
£34,187Indicative
chrome (early, double corner)
4 sales
£95,764Indicative
Prototype
3 sales
£111,429Indicative
Prototype Cut-Away
display piece — priced on its own · 3 sales
£9,425Indicative
black paint (Double Stroke)
3 sales
£850Indicative
chrome Ernst Leitz Canada Limited Midland Ontario
3 sales
£500Indicative
gold
3 sales
£30,485Indicative
olive Bundeseigentum (outfit)
3 sales
£4,071Indicative
olive Bundeswehreigentum
3 sales
£55,809Indicative
black paint (first batch)
2 sales
Sales only
AERONAUTICA MILITARE
1 sale
Sales only
British Army
1 sale
Sales only
Chrom-Muster 2
1 sale
Sales only
Cut-Away
display piece — priced on its own · 1 sale
Sales only
LUFTFORSVARET
1 sale
Sales only
Leitz Eigentum
1 sale
Sales only
M3J (black paint, 2006)
1 sale
Sales only
Queen Elisabeth
1 sale
Sales only
Royal Dutch Marine
1 sale
Sales only
black paint (Leicavit MP)
1 sale
Sales only
chrome (early, No.1)
1 sale
Sales only
chrome United Nations
1 sale
Sales only
Betriebskamera (M2, encrypted)
0 sales
No sales yet
Betriebskamera (MP, Leicavit)
0 sales
No sales yet
M3D
0 sales
No sales yet
M3D David Douglas Duncan
0 sales
No sales yet
M3J (black paint, 2005, sample)
0 sales
No sales yet
Noca A/S
0 sales
No sales yet
Technik
0 sales
No sales yet
black paint (pre-959401)
0 sales
No sales yet
chrome (early, no corner)
0 sales
No sales yet
chrome Bundeswehr
0 sales
No sales yet
chrome Experimental
0 sales
No sales yet
chrome Midland (Canadian) (ELC)
0 sales
No sales yet
chrome Midland (no s/n)
0 sales
No sales yet
grey Bundeswehr
0 sales
No sales yet
lens testing
0 sales
No sales yet

Mount

Other M3s

Facts

Maker
Leica
Type
Leica M mount
Sales in the typical price
713
First sale
29 Jan 1998
Latest sale
9 Aug 2026
Median
£933
Middle half
£600–£3,236
Evidence
Solid · wide spread, version mix
Method
v1

Cite this page

“Leica M3: typical sale price £933, the median of 713 recorded sales, 1998–2026, middle half £600–£3,236 (Solid, method v1).” cameraworth.com, retrieved 8 October 2026. https://www.cameraworth.com/l/leica/m3/

Report a wrong sale

Something wrong with a sale on this page?