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50mm Summicron collapsible unused


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Unused dating to 1954, with box and certificate from Leica/Leitz just sold for $900.00 on ebay. I am fairly new to Leica forum and am still amazed at how this stuff keeps its value over the years.

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I assume this is the auction you are referring to: Leica 50 mm F2 Summicron Collapsible Leitz Certificate M3 New Cond Box Case 022243118267 | eBay

 

It is obviously an interesting item, given its condition. Other collapsible Summicrons, in less than desireable condition, sell between US$300 and US$600. Whether it is worth US$910 is only for the buyer to determine..... And - I have a hunch it may be worth it; there are not too many Summicrons of this vintage left without cleaning marks, separation etc.

 

As they say - an item is worth whatever somebody is willing to pay for it.

 

Cheers,

 

Jan

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Hi Jan,

Yes, that was the one. Wow. Pretty special that it had not been used yet. Hard to believe there are lenses like that out there :-)

Mark

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You can't beat a bad dose of buyers remorse for brightening up the day, someone else's day that is.

 

I do sympathise. I am pondering a return on a f1.2 50mm Nikon. Super clean elements front and rear but a large "spot" on the rear at the edge which may be separation or fungus, I'm not sure which. I love the lens but know if I keep it that will really bug me. Luckily it is from a well known UK dealer with a 10 day return policy, try that on *bay.

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I bought a similar one, but without box etc, but in nice condition retail last October for about £400. I'm convinced I paid too much for it.

 

andy why do you think that?

 

not delivering the rendering you wanted or what is the reason...

 

best

andy

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You can't beat a bad dose of buyers remorse for brightening up the day, someone else's day that is.

 

I do sympathise. I am pondering a return on a f1.2 50mm Nikon. Super clean elements front and rear but a large "spot" on the rear at the edge which may be separation or fungus, I'm not sure which. I love the lens but know if I keep it that will really bug me. Luckily it is from a well known UK dealer with a 10 day return policy, try that on *bay.

 

I often sell stuff on e-bay and with some of the items (SH boiler spares) I place a 'no returns' in the advert but if the advert has been misdescribed in even the tiniest detail you have no option but to take it back, if the buyer has paid with paypal which most of them do, otherwise e-bay just takes the money back or suspends the money until the matter is resolved.

 

I take stuff back and refund the seller then re-list the item 'properly'.

 

Tony

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I take stuff back and refund the seller then re-list the item 'properly'.

 

Tony

 

You sir, are a gentleman, were there more like you on *bay I would frequent it more.

 

It is invaluable for some hard to find items, Tessina cassettes recently for example and with care it can be useful but I am more confident of this transaction "ending well" than I would be there. The prices are now often more than a dealer who will back the equipment with a guarantee.

Apologies to the OP this wandering too far OT, thank you for your indulgence.

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I bought a similar one, but without box etc, but in nice condition retail last October for about £400. I'm convinced I paid too much for it.

 

That seems like a fair price to me (Leicashop has two at the mo' for just under 300€ in C condition).

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  • 2 weeks later...

Even if you over paid by 25%, that is less than the 2.5% on an old Noctilux in absolute terms, I paid £800 for a mint 35mm Summaron F2.8 box etc, I'd rather overpay by a few hundred pounds to get something as new and 40 years old. I love the lens and rendering and use it a lot. I'd far rather have the Summaron than a used Summarit for example

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That seems like a fair price to me (Leicashop has two at the mo' for just under 300€ in C condition).

 

There's probably a formula to describe the relationship between condition, rarity and value. At a very rough guess for every 200 5cm Summicron lenses available in "C" condition there may only be one that is genuinely "mint in box". Of course in this case the picture is complicated by the availability of the re-issued lenses.

At the level of 1950s or 60s "mint in box" lenses relative price comparisons no longer apply. It is a different market when condition is a far more significant consideration than cost. That extra one per cent of condition between 99 and 100 per cent can double the value of a rare item if it is genuinely unused.

The problem is the second tier of dealers who infest eBay who somehow think the formula works in reverse: thus when they are offering something in 95 per cent condition they only discount five per cent off the "mint in box" value.

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