The Leitz IIg is a 35mm screw-mount rangefinder camera introduced in 1957 as the final model in the Leica II screw-mount line. It paired the compact L39 (LTM) body format with a brighter combined viewfinder/rangefinder featuring parallax-corrected bright-line framelines for 50mm and 90mm lenses, and was positioned at a lower price point than the contemporary M-series bayonet bodies.

UK saleroom data for the IIg is thin, but a hammer price of £3,000 was achieved at auction in November 2023, which gives a working reference for what a clean example is worth at wholesale level today. Because that figure represents a single auction-hammer result rather than a settled range, the realistic value in 2026 still depends heavily on cosmetic condition, originality and any accompanying lens. Buyers should expect retail dealer prices to sit meaningfully above that auction figure once commissions and margin are added.