The Schneider-Kreuznach 135mm f/4.7 Xenar is a short telephoto lens from the German optical maker, typically found on medium and large format cameras where a 135mm focal length serves as a standard or short tele. The Xenar line is Schneider's classic Tessar-type design, and this f/4.7 variant sits among the slower, more compact members of the range intended for general photographic use.

At recent UK auction, hammer prices for the 135mm f/4.7 Xenar have sat in a narrow band: the three recorded sales range from £31 to £50, with a median of £50. That puts its value firmly in the budget tier today, and in the current 2026 market it routinely sells for well under £75 at saleroom level — these are wholesale hammer results, so dealer retail on a clean, tested copy can run higher.