Back again with one of those crazy auction stories I love to share! Usually it's about coins and stuff so this one a bit different.
So, back in 2022 in the "40th Leitz Photographica Auction" a camera from the 1920s sold for 15 fucking million dollars π€―π€―π€―
That's a really impressive number considering how the auction house estimated a price of 2 million $ with a starting bid of 1.000.000 $.
But what makes this camera so unique to fetch this ridiculous amount of money?
Labeled as "Leica 0-Series No. 105", it was part of a limited series of just 23 prototypes produced to test the market before Leica commenced commercial production in the mid-1920s. Today only a handful of those survive so it's clearly rare.
But this particular one is even more special.
It was the one used personally by Oskar Barnack, the inventor of the Ur-Leica and a pioneer of 35mm photography. He used it until sometime in the 1930s and later passed it to his son. It remained in the family and was eventually passed to a collector sometime in the 1960s.
Tldr, a camera with lots of historical significance. Is the price justified?
Doubt it, but rich people gonna rich. It's amazing what people with fuck you money will buy π
Fyi, the previous record was also held by a Leica 0-Series camera. That one fetched only about 3 million usd in 2018... Yeah, cheap change π
You can read a bit more on the story here if you like.
Posted Using INLEO
Better tax write off than some stupid art, at least this piece is really cool :D
!BBH
True π
Thatβs crazy for a useless camera now a days. Itβs a 15 million dollar paperweight.
!pimp
Still worth more than your whole stack πππ
By a long shotβ¦.
Rich people gonna rich indeed!
And Leicas are pretty good (and expensive) cameras, and this one does have quite some history to itβ¦
But that is ridiculously expensive!
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!BBH
Ridiculous only for plebs like us π π
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I probably won't buy it even if I have a ton of money. I just don't see the value in it despite its history. But then again, I don't have the money so I don't understand how rich people think π
!BBH
!pimp
It sounds like something for people with too much money. It probably doesn't matter to most of us.
This is a very nice collection I must say . I wonder how much my late grandad's polaroid camera will cost now .