Leitz M2-M
The Leitz M2-M is a 35mm rangefinder camera using the Leica M bayonet mount, produced as a specialist variant of the M2 built to accept a motor drive. It was made in small numbers during the mid-1960s, which is central to its scarcity today.
At recent UK auction, hammer prices for the M2-M have ranged from around £2,200 to £6,000, with the two middle results clustered close to £2,600–£2,700. As of today in 2026, the worth of an M2-M is driven almost entirely by condition, completeness and whether a compatible motor is present — clean, documented examples sell for a strong premium over well-used bodies, which is typical for low-production M-series variants.
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.
Prices updated: June 2021
| Date | Price | Source | |
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| Jun 2021 | EUR 1,800 | Leitz Auction | |
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Auction: Leitz Auction 38 (Lot AI_38_39241) Title: Leica M2-M
Description:
Body in good condition and working order, showing some signs of use, Vulkanite on the right part of the camera replaced, good contrasted rangefinder, the M2-M contacts located under the shoe have been removed and the inner covering plate replaced by a standard one, including body cap Estimate: EUR 1,400 - EUR 1,600 |
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| Nov 2020 | EUR 3,400 | Leitz Auction | |
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Auction: Leitz Auction 37 (Lot AI_37_38851) Title: Leica M2-M (1971)
Description:
A very interesting Leica M2-M with an unusually late delivery date of 03.09.1971 - the top plate is engraved in later (M4) style, which is actually matching to the delivery date, body in near mint working condition (tiny dent on the right side of the top plate), comes with New York Motor no.02049 and Elmar 2.8/50mm no.2187871, this camera is a very interesting recent discovery - this is actually the latest M2-M we know to exist Estimate: EUR 4,000 - EUR 4,500 |
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| Jun 2020 | EUR 6,000 | Leitz Auction | |
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Auction: Leitz Auction 36 (Lot AI_36_38385) Title: Leica M2-M 'The First'
Description:
the M2-M was the first serial production Leica to accept the newly developed New York Motor drive, only 276 of these rare cameras have been made, the camera offered here is the first officially produced - from a total batch with serial numbers 1163771-1164046; it is in excellent cosmetic condition and good working order Estimate: EUR 10,000 - EUR 12,000 |
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| Nov 2019 | EUR 3,400 | Leitz Auction | |
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Auction: Leitz Auction 35 (Lot AI_35_37565) Title: Leica M2-M
Description:
rare chrome special M2 body with a coupling for the NY motor drive, in mint, unused condition, still wrapped in a protective foil Estimate: EUR 2,400 - EUR 2,800 |
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| Nov 2018 | USD 1,000 | pedia_sales_tamarkin | |
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Auction: November 2018 Auction Results (Lot 230) Title: Leica M2 Motorized "Button Rewind" Nr. 931958
Description:
Leica M2 Motorized "Button Rewind" Nr. 931958 |
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| Jun 2015 | EUR 2,600 | Leitz Auction | |
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Auction: Leitz Auction 27 (Lot AI_27_31974) Title: M2-M chrome
Description:
fully original M2-M with late Leitz New York Leicamotor 14100 no.02333 and power pack with electric coupling, in near mint condition, minor bright marks to top plate, minor wear to edges, slight scratches to baseplate, spare chrome base plate, only 276 M2-M cameras has been made, which makes it one of the rarest M-Leicas Estimate: EUR 5,000 - EUR 5,500 |
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| Nov 2014 | EUR 2,600 | Leitz Auction | |
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Auction: Leitz Auction 26 (Lot AI_26_31143) Title: M2-M chrome
Description:
fully original M2-M with late Leitz New York Leica motor 14100 no.02333 and power pack with electric coupling, in near mint condition, minor bright marks to top plate, minor wear to edges, minor scratches to baseplate, spare chrome base plate Estimate: EUR 5,000 - EUR 6,000 |
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| Nov 2012 | EUR 1,400 | Leitz Auction | |
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Auction: Leitz Auction 22 (Lot AI_22_14680) Title: M2-M
Description:
fully original and rare camera, complete with Ernst Leitz New York Motor no.02373 Estimate: EUR 1,800 - EUR 2,000 |
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| May 2011 | EUR 5,500 | Leitz Auction | |
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Auction: Leitz Auction 19 (Lot AI_19_12360) Title: M2-M
Description:
mint and rare M2-M in original condition, complete with almost mint New York Motor 14000 no.02080 with AA battery pack (tPi logo milled out), instruction book for the Leica-Motor, base plate Estimate: EUR 5,000 - EUR 6,000 |
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| Dec 2010 | EUR 2,200 | Leitz Auction | |
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Auction: Leitz Auction 18 (Lot AI_18_12045) Title: M2-M + New York Motor
Description:
fully original and rare Leica with tPi Ernst Leitz New York Motor no.02572 with AA battery pack Estimate: EUR 4,000 - EUR 5,000 |
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| Nov 2008 | EUR 2,200 | Leitz Auction | |
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Auction: Leitz Auction 14 (Lot AI_14_18176) Title: M2-M
Description:
very rare M2-M with matching E.Leitz New York Motor Drive 14000 no.02966 with film loading guide, in very fine condition (only little wear near rewind lever and rewind knob, the motor in fully working condition with AA battery pack, cap, baseplate Estimate: EUR 3,500 - EUR 4,000 |
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| Nov 2003 | EUR 2,708 | Leitz Auction | |
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Auction: Leitz Auction 4 (Lot AI_4_22845) Title: M2-M
Description:
100% originale und seltene M2-M mit Anschluss für New York Motordrive in perfektem technischen Zustand Estimate: EUR 19,660 - EUR 11,638,090 |
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| Jun 1999 | £1,725 | Christie's | |
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Auction: Leica Cameras (Lot 442) Title: Leica M2-M no. 1163972
Description:
Leica M2-M no. 1163972 Estimate: £1,500 - £2,500 |
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Frequently asked questions
What is a Leitz M2-M worth today?
Recent UK auction hammer results sit roughly between £2,200 and £6,000, with mid-condition examples typically selling for around £2,600–£2,700.
Why does the M2-M price vary so much?
The M2-M was made in small numbers, so value is highly sensitive to condition, originality and whether the matching motor drive is included; exceptional, complete sets sell for multiples of a plain body.
How much does a Leitz M2-M sell for compared to a standard M2?
The M2-M consistently commands a significant premium over a standard M2 at auction because of its limited production and motor-drive capability.