CameraWorth.com

Leitz M Prototype

The Leitz M Prototype refers to pre-production and experimental examples of the M-series 35mm rangefinder camera built by Leitz of Wetzlar. As development or engineering pieces rather than catalogued production cameras, individual prototypes differ in configuration, finish, and markings, and they sit firmly in the collector rather than user segment of the Leica market.

At UK auction, hammer results for examples recorded as "M Prototype" span a very wide range — from around £18,000 to £360,000 — with a median near £26,000 based on the limited sales history available. That spread reflects how much the specific prototype, its documentation, and its place in M-series development history matter: a well-documented, historically significant piece sells for many multiples of a more routine pre-series body, and today the ceiling of what one is worth is set almost entirely by provenance. Because these are hammer (wholesale) prices in the saleroom, retail and dealer asking figures for comparable pieces typically sit higher.

Sales History

Prices shown are UK auction hammer results — the wholesale level achieved in the saleroom. Neither buyer’s nor seller’s commission is included. Dealer and retail asking prices are typically higher.

Date Price Source
Jun 2025 EUR 360,000 Leitz Auction
Nov 2024 EUR 18,000 Leitz Auction
Nov 2024 EUR 1,700,000 Leitz Auction
May 2007 EUR 26,000 Leitz Auction