The Nikon FM Gold is a limited-edition, gold-finished variant of the Nikon FM 35mm manual-focus SLR. It uses the Nikon F bayonet mount and was issued as a collector commemorative rather than a working production tool, which strongly shapes how the market values it today.

At UK auction the Nikon FM Gold has a thin but consistent record, with hammer prices ranging from £1,400 to £2,200 in recent years — wholesale saleroom levels that exclude buyer's premium. As of 2026 a complete, unused presentation set with original box and papers tends to sit at the upper end of that band, while incomplete or worn examples sell for less. Buyers should remember these are auction hammer figures, not dealer retail asking prices, and the small sample size means each new sale meaningfully moves the perceived value.