Sunday, May 13, 2012

1923 Leica camera fetches $3.5 million at auction

Olivia Coeln, daughter of the owner of the Westlicht Gallery Peter Coeln poses with a Leica O series, on May 10, 2012 in Vienna. The 1923 camera, number 116, was auctioned in Vienna on May 12, 2012 for a world record of 2.16 million euros (S$3.5 million). -- PHOTO: AFP

VIENNA (AFP) - A Leica camera prototype made in 1923 fetched 2.16 million euros (S$3.5 million) at auction on Saturday, setting a new world record for a camera.

The camera, an exemplar of the pre-production Leica 0-Series, had been expected to go for between 600,000 and 800,000 euros and bidding started at 300,000 euros at the Galerie Westlicht in Vienna.
The hammer fell at 1.8 million euros, and the final price with tax was 2.16 million euros. The buyer chose to remain anonymous.
Only 25 pre-production O-Series were made to test the market for 35mm cameras before full production began in 1925, and just 12 are known still to exist.

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