The Leica M custom made camera by Jony Ive and Marc Newson for (RED) sold for $1,805,000 at Sotheby’s charity auction in New York (hammer price with buyer’s premium). The camera was initially expected to reach $500,000 to $750,000. The (RED) auction at Sotheby’s raised a total of $26.2 million to fight AIDS in Africa.
Leica will have another price increase on January 1st, 2014 on selected M lenses. I will soon have the list of products that will be impacted. The good news is that almost all of the Leica M lenses are now in stock at B&H and Adorama.
Curious to know what the Leica prices were 27 years ago? See this post:
The Leica T (701) will be a new camera without a rangefinder. I am not sure if the Leica T will be an interchangeable lens camera (most likely) or it will have a fixed lens like the Sony RX1. The official announcement should be in the next few months. I am pretty sure that it will not have a Micro Four Thirds sensor (Leica executives have repeatedly said that they will not produce a MFT camera).
A new Leica camera that will be placed between the M and X lines has been rumored for years. After the last fiasco with UK media, in a recent interview with the Australian magazine Camera Leica’s CEO Alfred Schopf confirmed again that they will come up with a new compact system camera:
“According to a Leica spokesman, the Leica M (RED) camera took two years to design and build and is the only camera ever designed by Mr. Ive. It’s also, as far as I can tell, the only digital camera to cost more than half a million dollars. Even by Leica’s standards, this is an expensive camera.
The special-edition Leica camera is made of die-cast magnesium and anodized aluminum, and comes with a 50mm f2.0 lens.”