The Leitz 80-200mm f/4 Vario-Elmar-R is a manual-focus telephoto zoom for the Leica R bayonet mount, intended for SLR Reflex bodies such as the R3 through R9. Covering a short-tele to medium-tele range at a constant f/4 aperture, it was designed as a versatile travel and portrait zoom for Leica's reflex system.

Sales data is thin: a single UK auction hammer result of £238 in January 2023 is the only reference point we hold, so any sense of what this lens is worth in 2026 has to be read against that one figure. As an auction-only datum it reflects the wholesale saleroom level rather than a dealer retail price, and clean, late-coated examples typically sell for more than user-grade copies when they appear. Until further results accrue, treat £238 as an indicative hammer value rather than a firm median.