I have the opportunity to bid on a Leica M4 series. It's black and has Ernst Leitz Canada LTD, Midland Canada markings on it. It looks to be in good shape. Some people tell me that it is rare and it's value could be worth $5000.
But I have about $1250 to spare in hopes of getting a bargain. It's not ebay so there is no way of knowing if a higher bid has been made. Should I dig deeper? If so what would you pay for one?