Tuesday, August 13, 2013

World's most expensive Camera

World's most expensive Camera:1923 Leica 0-Series
World's most expensive Camera:1923 Leica 0-Series
This 1923 Leica camera that sold at auction for 2.16 million euros ($2.8 million), an absolute record.
German camera-maker Leica is one of the most famous names in high-quality cameras. This 1923 0-series Leica is a piece of camera history, one from the first batch of 31 cameras the company ever created. Only about 12 are known to still exist; fewer still are in such a pristine condition. That means this camera can command top dollar — or, in this case, top euro.
It was sold at the WestLicht Photographica auction in Vienna, eventually fetching an eye-watering €2.16 million. That's about $2.8 million. Bidding started at a relatively respectable $390,000, but in the course of 4 minutes offers reached $2.3 million. The final price is higher because it includes a—rather sizeable—buyer's premium.
The world's previous most expensive camera was also a 0-series Leica, but it sold for a paltry $1.7 million.

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