Leitz Tri-Elmar
The Leitz Tri-Elmar is a lens. CameraWorth tracks 16 auction records for this model, with prices ranging from £900 to £10,000 (median £2,050).
Variants
Select a variant to filter the sales history below.
| Variant | Years | Edition | Sales | Price Range |
|---|---|---|---|---|
| 18-21mm f/4 M ASPH | — | — | 3 | £2,500 – £2,625 |
{"overview":"The Leitz 16-18-21mm f\/4 Tri-Elmar-M ASPH is an ultra-wide zoom lens for the Leica M rangefinder bayonet mount, offering three discrete focal lengths (16mm, 18mm and 21mm) at a constant f\/4 aperture. Often nicknamed the WATE (Wide-Angle Tri-Elmar), it was designed for M-system photographers wanting a single compact ultra-wide solution rather than carrying three separate prime lenses, and it requires an external viewfinder for accurate framing.","market_narrative":"At recent UK auction, hammer prices for the Tri-Elmar-M 16-18-21mm ASPH have sat in a tight band: the two recorded saleroom results landed at £2,500 and £2,625, giving a median of roughly £2,562. As of 2026, that wholesale level reflects what clean examples sell for under the hammer before commission, and well-presented copies with the dedicated multi-focal viewfinder tend to achieve the upper end of the range, while bare-lens examples without accessories typically fetch less.","buying_guide":"Inspect the front and rear elements for fungus, haze and coating scratches, as ultra-wide elements are exposed and costly to replace. Work the focal-length selector and focus ring through their full travel to confirm smooth, even action with no stiffness or grit, and check the aperture blades for oil. Confirm the lens ships with its original hood and, ideally, the dedicated Leica Universal Wide-Angle Finder, since missing accessories materially affect value.","specs":"Ultra-wide multi-focal M-mount lens covering 16mm, 18mm and 21mm at a constant maximum aperture of f\/4, with aspherical optical construction.","faq":[{"q":"What is a Leitz 16-18-21mm f\/4 Tri-Elmar-M ASPH worth at UK auction?","a":"Recorded UK hammer results sit between £2,500 and £2,625, with a median around £2,562 before buyer's premium."},{"q":"How much does a Tri-Elmar-M WATE sell for today?","a":"Clean examples have most recently sold for £2,500 to £2,625 at saleroom level, with the price varying based on condition and whether the original viewfinder is included."},{"q":"Does the value change if the original viewfinder is missing?","a":"Yes — the dedicated Leica Universal Wide-Angle Finder is expensive to source separately, so bare-lens copies generally achieve a lower hammer price than complete sets."},{"q":"Will it fit a Leica R camera?","a":"No. The Tri-Elmar-M ASPH is built for the Leica M rangefinder bayonet and is not compatible with R-mount SLR bodies."}],"confidence":45,"reasoning":"Only two sales records are available and no SPECS or variant data was supplied, so confidence is capped per rule 8."} |
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| 35-50mm f/4 M ASPH | — | — | 12 | £900 – £10,000 |
{"overview":"The Leitz 28-35-50mm f\/4 Tri-Elmar-M ASPH is a three-focal-length M-mount rangefinder lens, sometimes nicknamed the MATE, offering 28mm, 35mm and 50mm settings at a constant f\/4 maximum aperture. Designed for Leica M bodies, it was aimed at travelling reportage and landscape photographers who wanted to cover the classic wide-to-normal range in a single compact lens rather than carry three primes.","market_narrative":"At recent UK auction, hammer prices for the Tri-Elmar-M ASPH have ranged from £900 in May 2024 up to £2,356 in April 2021, with earlier saleroom results of £1,200 in 2014 and £1,375 in 2004 sitting between those extremes. The median of the four recorded hammers is around £1,288, so as of 2026 a clean, fully working copy typically sells for mid-four-figure sums at auction, while tired or cosmetically marked examples are what pull the lower end down. Buyers should remember these are wholesale-level results and that condition, completeness of hood and caps, and which version (early 49mm filter vs. later 55mm filter) is on offer all influence what any individual lens is worth.","buying_guide":"Inspect the elements carefully under a bright light for fungus, haze and cleaning marks, as the ASPH surfaces can be expensive to repair if scratched. Work the focal-length ring and focus helicoid through their full travel to confirm they move smoothly and click positively at 28, 35 and 50 without stiffness, grit or sticky grease, and check the aperture blades for any trace of oil. Also verify rangefinder coupling accuracy at each setting and look for separation or coating damage around the cemented groups, since the two filter-size variants command different prices and a mismatched or missing dedicated hood can meaningfully reduce value.","specs":"Key specifications from the supplied data: Leica M-mount rangefinder lens with switchable 28mm, 35mm and 50mm focal lengths and a constant f\/4 maximum aperture, incorporating aspherical element technology as denoted by the ASPH designation.","faq":[{"q":"What is a Leitz 28-35-50mm f\/4 Tri-Elmar-M ASPH worth today?","a":"Based on UK auction hammer results between 2004 and 2024, the lens has a value ranging from £900 to £2,356, with a median price of around £1,288."},{"q":"How much does a Tri-Elmar-M ASPH sell for at UK auction?","a":"Recent saleroom results show it sells for anywhere between £900 for a well-used example and over £2,300 for a clean, desirable copy, with commission payable on top of the hammer price."},{"q":"Is the MATE Tri-Elmar a good alternative to carrying three prime lenses?","a":"It was designed precisely for that purpose, giving 28mm, 35mm and 50mm coverage at a constant f\/4 in one M-mount body, though its maximum aperture is slower than the equivalent Summicron or Summilux primes."},{"q":"Why do prices vary so much between copies?","a":"Condition of the aspherical elements, smoothness of the focal-length and focus rings, presence of the correct hood and caps, and which filter-size version is being sold all affect the price a specific lens achieves."}],"confidence":55,"reasoning":"Only four sales records are provided and no detailed SPECS or variant facts, so pricing commentary is grounded but specification and variant detail is limited."} |
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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 2024
| Date | Price | Source | Variant | |
|---|---|---|---|---|
| Nov 2024 | EUR 7,500 | Leitz Auction | 35-50mm f/4 M ASPH | |
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Auction: Leitz Auction 45 (Lot A01095) Title: Tri-Elmar-M 4/28-35-50mm chrome 'Leica Historica 1975-2000' 11900
Description:
Special Edition for Leica Historica Germany for their 25th anniversary, only 150 pieces produced, chrome version with 'Leica Historica 1975-2000' engraved on the barrel, in mint condition, clean and clear optics, with both caps (special metal front cap with large Leica logo), papers and maker's box. Estimate: EUR 10,000 - EUR 12,000 |
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| May 2024 | £900 | Flints Auctions | 35-50mm f/4 M ASPH | |
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Auction: Fine Photographica (Lot 77) Title: A Leitz Tri-Elmar-M ASPH. f/4 28-35-50mm Lens
Description:
black, serial no. 3772894, body, G, elements, G, some light internal haze and one tiny light fungal patch to rear element |
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| May 2024 | £1,750 | Flints Auctions | 35-50mm f/4 M ASPH | |
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Auction: Fine Photographica (Lot 78) Title: A Leitz Tri-Elmar-M ASPH. f/4 28-35-50mm Lens
Description:
1998, black, serial no. 3812478, body, VG-E, elements, VG-E, some very light internal haze, complete with paperwork and maker's box |
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| Nov 2023 | £1,625 | Flints Auctions | — | |
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Auction: Fine Photographica (Lot 57) Title: A Leitz Tri-Elmar-M ASPH. f/4 28-35-50mm Lens
Description:
1998, black, serial no. 3800065, body, G-VG, elements, VG, some light internal haze |
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| Nov 2022 | £2,625 | Flints Auctions | 18-21mm f/4 M ASPH | |
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Auction: Fine Photographica (Lot 62) Title: A Leitz Tri-Elmar-M f/4 16-18-21mm ASPH Lens
Description:
2006, black, serial no. 4060978, body, VG-E, elements, VG-E, complete with filter adapter Note: This lot incurs VAT, due to being imported into the |
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| Nov 2022 | £2,000 | Flints Auctions | 35-50mm f/4 M ASPH | |
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Auction: Fine Photographica (Lot 64) Title: A Leitz Tri-Elmar-M ASPH. f/4 28-35-50mm Lens
Description:
1999, black, serial no. 3896308, body, G, elements, VG, some light internal haze |
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| Apr 2022 | £2,500 | Flints Auctions | 18-21mm f/4 M ASPH | |
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Auction: Fine Photographica (Lot 54) Title: A Leitz Tri-Elmar-M ASPH. f/4 16-18-21mm Lens
Description:
2006, black, serial no. 4061196, body, VG-E, elements, VG-E, complete with lens hood, caps and soft case |
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| Apr 2022 | £2,500 | Flints Auctions | 35-50mm f/4 M ASPH | |
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Auction: Fine Photographica (Lot 55) Title: A Leitz Tri-Elmar-M ASPH. f/4 28-35-50mm Lens
Description:
2003, black, serial no. 3949084, body, VG-E, elements, VG-E, complete with soft pouch and maker's box |
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| Nov 2021 | £1,736 | Flints Auctions | 35-50mm f/4 M ASPH | |
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Auction: Fine Photographica & Instruments of Science (Lot 59) Title: A Leitz Tri-Elmar-M ASPH. f/4 28-35-50mm Lens
Description:
black, serial no. 3857978, body, VG-E, elements, VG, some light internal haze Note: Lot imported under Temporary Admission. 5% UK import VAT will be |
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| Apr 2021 | £2,356 | Flints Auctions | 35-50mm f/4 M ASPH | |
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Auction: Fine Photographica & Instruments of Science (Lot 72) Title: A Leitz Tri-Elmar-M ASPH. f/4 28-35-50mm Lens
Description:
2003, black anodized, serial no. 3948990, body, VG-E, elements, VG-E, complete with paperwork, soft pouch and maker's box |
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| Nov 2020 | £2,100 | Flints Auctions | 35-50mm f/4 M ASPH | |
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Auction: Fine Photographica & Instruments of Science (Lot 179) Title: A Leitz Tri-Elmar-M ASPH. 28-35-50mm Lens
Description:
2000, black, serial no. 3892123, body, E, elements, E, complete with maker's case and box |
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| Nov 2020 | £2,625 | Flints Auctions | 18-21mm f/4 M ASPH | |
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Auction: Fine Photographica & Instruments of Science (Lot 178) Title: A Leitz Tri-Elmar-M ASPH. f/4 16-18-21mm Lens
Description:
2006, black, serial no. 4041274, body, E, elements, E, complete with finder, maker's cases and box |
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| Mar 2014 | EUR 1,200 | Leitz Auction | 35-50mm f/4 M ASPH | |
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Auction: Leitz Auction 25 (Lot AI_25_30089) Title: Tri-Elmar-M 4/28-35-50mm black Cut-away
Description:
cut-away TRI-Elmar-M 4/28-35-50mm 96021 in new condition with maker's box Estimate: EUR 1,200 - EUR 1,400 |
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| Nov 2013 | EUR 10,000 | Leitz Auction | 35-50mm f/4 M ASPH | |
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Auction: Leitz Auction 24 (Lot AI_24_29396) Title: Tri-Elmar-M 4/28-35-50mm ASPH. chrome
Description:
edition lens for Leica Historica, new and complete in maker's box Estimate: EUR 4,000 - EUR 5,000 |
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| Nov 2004 | EUR 1,375 | Leitz Auction | 35-50mm f/4 M ASPH | |
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Auction: Leitz Auction 6 (Lot AI_6_24474) Title: TRI-Elmar-M 4/28-35-50mm black cut-away
Description:
cut-away TRI-Elmar-M 4/28-35-50mm 96021, original box Estimate: EUR 1,400 - EUR 1,600 |
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| Sep 2003 | £1,410 | Christie's | 35-50mm f/4 M ASPH | |
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Auction: CAMERAS & PHOTO EQUIP, INCLUDING A EUROPEAN LEICA COLLECTION (Lot 108) Title: Tri-Elmar-M f/4 28-35-50 ASPH no. 3891049
Description:
Tri-Elmar-M f/4 28-35-50 ASPH no. 3891049 Estimate: £900 - £1,200 |
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