Leitz MD (Gray Hammertone)
The Leitz MD is a viewfinderless variant of Leitz's 35mm M-mount rangefinder body, supplied without rangefinder or finder optics for scientific, microscope and copy-stand use. The Gray Hammertone finish is an uncommon factory variant generally associated with institutional and technical buyers rather than the standard chrome consumer range.
Hammer-result data for the Gray Hammertone MD is very thin: a single tracked UK auction result from late 2019 sold for £1,300, which gives an indicative wholesale benchmark rather than a reliable today-2026 market range. Because the finish is rare and demand is collector-driven, what one of these is worth in any given month depends heavily on cosmetic condition and how many bidders are chasing the variant on the day; with only one saleroom data point, the price a clean example sells for now could comfortably sit either side of that figure.
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: November 2023
| Date | Price | Source | |
|---|---|---|---|
| Nov 2023 | EUR 40,000 | Leitz Auction | |
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Auction: Leitz Auction 43 (Lot A00222) Title: Leica MD Gray Hammertone
Description:
Leitz Wetzlar production records list 10 Leica MD bodies in a special grey finish, shipped to Leitz Canada in October 1964. Also, Visoflex III housings in a similar finish were supplied - due to the later delivery of all of the Visoflex housings - they show a finish a bit different from the cameras. The camera offered here was totally restored by Leica around the 1980s, and is in beautiful, almost mint condition. It comes from the official batch with serial numbers 1102501-1102510. Included with the camera is an Elmar 2.8/50mm no.2327738. It is one of the rarest Leica cameras ever manufactured. Estimate: EUR 20,000 - EUR 24,000 |
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| Nov 2019 | EUR 130,000 | Leitz Auction | |
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Auction: Leitz Auction 35 (Lot AI_35_37549) Title: Leica MD Gray Hammertone
Description:
Leitz Wetzlar production records list 10 Leica MD bodies in a special gray finish, shipped to Leitz Canada in October 1964. Also, Visoflex III housings in a similar finish were supplied - due to the later delivery all of the Visoflex housings - they show a finish a bit different from the cameras. The camera offered here is in beautiful, almost mint condition and comes from the official batch with serial numbers 1102501-1102510. Included is a matching Visoflex III in gray hammertone finish, with a special cutout in the front flange. Lager shows cameras no.1102509 and 1102507 in his Illustrated History - Volume I. It is one of the rarest and for sure one of the most beautiful Leica`s ever manufactured. Estimate: EUR 100,000 - EUR 150,000 |
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Frequently asked questions
What is a Leitz MD in Gray Hammertone worth today?
On the only tracked UK auction hammer result, a Gray Hammertone MD sold for £1,300; with just one data point the current value is best treated as a guide rather than a firm price.
How much does a Leitz MD Gray Hammertone sell for at auction?
The single recorded saleroom result sits at £1,300 hammer, which excludes buyer's premium and is a wholesale rather than retail figure.
Why is the Gray Hammertone finish more collectable?
The hammertone paint was an uncommon factory finish produced in much smaller numbers than standard chrome, so original-paint examples carry a scarcity premium over a regular MD body.