The 1923 Leica was purchased at a recent auction for $551,151 by an unidentified European collector. This is about 100 times the cost of any contemporary digital camera!
The portable black camera becomes the world's most expensive small camera and the second most expensive camera ever sold at an auction.
Leica happened to be the seventh of a series made in Germany to analyze the market for portable cameras, designed for export to New York.
For the reader's information, the world's most expensive camera sold at an auction was the Daguerrotype early camera, created by the Susse brothers, which dated back to 1839 and went off for $951,598.
The materials used to manufacture this beauty are lightweight and thus assist in cutting down the weight of the product to 192kg!
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