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Leitz M5

The Leitz M5 is a 35mm rangefinder camera introduced in 1971, notable as the first M-series body with built-in through-the-lens metering via a swing-arm CdS cell. It was positioned at the top of the Leitz rangefinder line when new, but its larger, heavier body was divisive among M-series users and production ended in 1975.

At recent UK auction in 2024, hammer prices for the M5 have ranged from about £650 to £1,800, with a median near £1,000 across sales from 2020 onward. Condition and completeness drive the spread today: clean working bodies with accurate meters sit toward the upper end, while examples needing service sell well below £900. Two-lug early bodies are scarcer than the later three-lug version and can attract a premium when they appear in the saleroom.

Variants

Select a variant to filter the sales history below.

Variant Years Edition Sales Price Range
(1992) 0
black 4 £1,100 – £2,000
black 50 Jahre (50th Anniversary) 2 £800 – £1,500
FM 0
Hörzu 0
Polyphoto 0
Pre-series 1 £1,000 – £1,000
Prototype 0
Prototype (black) 0

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: April 2026

Date Price Source Variant
Apr 2026 £1,000 Flints Auctions
Nov 2025 EUR 1,400 Leitz Auction
Jun 2025 EUR 2,000 Leitz Auction
Apr 2025 £725 Flints Auctions
Apr 2025 £750 Flints Auctions
Jan 2025 USD 1,700 pedia_sales_tamarkin
Nov 2024 EUR 1,300 Leitz Auction
Nov 2024 EUR 2,400 Leitz Auction
Nov 2024 EUR 1,800 Leitz Auction
Nov 2024 EUR 3,800 Leitz Auction
Oct 2024 £800 Harper Field Auctions black 50 Jahre (50th Anniversary)
Oct 2024 £1,400 Harper Field Auctions
Jun 2024 EUR 2,000 Leitz Auction
Apr 2024 £650 Special Auction Services
Apr 2024 £1,000 Special Auction Services
Jan 2024 USD 1,500 pedia_sales_tamarkin
Nov 2023 EUR 1,700 Leitz Auction
Nov 2023 £850 Flints Auctions
Jul 2023 £688 Flints Auctions
Jun 2023 EUR 2,600 Leitz Auction
Apr 2023 £1,000 Flints Auctions
Apr 2023 £1,200 Special Auction Services
Nov 2022 £688 Flints Auctions
Oct 2022 £875 Flints Auctions
Oct 2022 £650 Flints Auctions
Oct 2022 £875 Flints Auctions
Jun 2022 £1,750 Flints Auctions
Jun 2022 £975 Flints Auctions
Jun 2022 EUR 1,200 Leitz Auction
Jun 2022 EUR 1,400 Leitz Auction
Jun 2022 EUR 1,400 Leitz Auction
Apr 2022 £875 Flints Auctions
Jan 2022 £992 Flints Auctions
Nov 2021 EUR 1,500 Leitz Auction black 50 Jahre (50th Anniversary)
Nov 2021 EUR 1,600 Leitz Auction
Nov 2021 EUR 1,900 Leitz Auction
Nov 2021 £682 Flints Auctions
Nov 2021 £868 Flints Auctions
Apr 2021 £1,116 Flints Auctions
Nov 2020 EUR 6,000 Leitz Auction
Nov 2020 EUR 850 Leitz Auction
Nov 2020 £682 Flints Auctions
Nov 2020 £769 Flints Auctions
Nov 2020 USD 1,200 pedia_sales_tamarkin
May 2020 £735 Flints Auctions
Jun 2019 EUR 1,400 Leitz Auction
Jun 2019 EUR 1,300 Leitz Auction
Nov 2018 EUR 1,000 Leitz Auction Pre-series
Nov 2018 EUR 900 Leitz Auction
Apr 2018 £540 Flints Auctions
Apr 2018 £504 Flints Auctions
Nov 2017 USD 700 pedia_sales_tamarkin
Nov 2016 EUR 1,600 Leitz Auction
Nov 2016 EUR 700 Leitz Auction
Nov 2012 EUR 1,800 Leitz Auction
Nov 2008 EUR 1,400 Leitz Auction black
Nov 2006 £576 Christie's
Jul 2006 £1,020 Christie's
Feb 2006 £780 Christie's
Nov 2005 EUR 1,320 Leitz Auction black
Nov 2005 £600 Christie's
Nov 2005 £900 Christie's
Nov 2005 £900 Christie's
Jun 2005 £900 Christie's
May 2005 EUR 1,100 Leitz Auction black
May 2005 EUR 2,000 Leitz Auction black
Nov 2004 £597 Christie's
Nov 2004 £298 Christie's
Sep 2004 £657 Christie's
Sep 2004 £597 Christie's
Sep 2004 £657 Christie's
Jun 2004 £1,314 Christie's
Jun 2004 £836 Christie's
Jun 2004 £1,553 Christie's
Jun 2004 £501 Christie's
Feb 2004 £478 Christie's
Dec 2003 £470 Christie's
Dec 2003 £493 Christie's
Sep 2003 £646 Christie's
Sep 2003 £1,057 Christie's
Jun 2003 £822 Christie's
Jun 2003 £1,880 Christie's
Apr 2003 £940 Christie's
Mar 2003 £881 Christie's
Nov 2002 £881 Christie's
Nov 2002 £470 Christie's
Sep 2002 £940 Christie's
Jul 2002 £493 Christie's
Feb 2002 £940 Christie's
Feb 2002 £881 Christie's
Feb 2002 £940 Christie's
Feb 2002 £940 Christie's
Nov 2001 £705 Christie's
Sep 2001 £1,292 Christie's
Jul 2001 £1,116 Christie's
Jun 2001 £881 Christie's
Jun 2001 £763 Christie's
Oct 2000 £1,527 Christie's
Oct 2000 £2,820 Christie's
Aug 2000 £1,116 Christie's
Jun 2000 £1,175 Christie's
Jun 2000 £822 Christie's
May 2000 £940 Christie's
Sep 1999 £1,265 Christie's
Sep 1999 £747 Christie's
Jun 1999 £862 Christie's
Jun 1999 £1,150 Christie's
Jun 1999 £920 Christie's
Jun 1999 £1,495 Christie's
Jun 1999 £862 Christie's
Jun 1999 £1,150 Christie's
Jun 1999 £1,035 Christie's
Jun 1999 £977 Christie's
Jun 1999 £1,150 Christie's
Jun 1999 £1,092 Christie's
Feb 1999 £977 Christie's
Feb 1999 £1,495 Christie's
Nov 1998 £920 Christie's
Sep 1998 £920 Christie's
Jul 1998 £862 Christie's
Jun 1998 £805 Christie's
Jun 1998 £1,035 Christie's
Jun 1998 £747 Christie's
Jun 1998 £575 Christie's
Jun 1998 £1,092 Christie's
May 1998 £747 Christie's
Jan 1998 £862 Christie's
Jan 1998 £506 Christie's

Frequently asked questions

What is a Leitz M5 worth today?

In 2026, typical UK auction hammer prices sit in the £700–£1,200 band, with a median of around £1,000 for a working example.

How much does a Leitz M5 sell for at auction?

Recent UK hammer results range from roughly £650 for rough or untested bodies up to about £1,800 for clean examples with functioning meters.

Why does the M5 value vary so much?

Price is highly condition-sensitive because the built-in meter is a common failure point; a camera with a working, accurate meter sells for noticeably more than one sold as spares or repair.

Is the two-lug M5 worth more than the three-lug?

The earlier two-lug body was produced in smaller numbers and tends to attract a premium when it appears at auction, though condition still outweighs lug count in setting the final price.