the biggest problem with looking for any leica as an investment is, sorry, you are not going to have one that is.
Want an investment leica? You need one of those special model M3s leica made for David Douglas Duncan and a few others. They are investment-grade because (a) they are unique and (b) got used by someone.
Find a genuine Luxus leica I -- good luck, the real are outnumbered by fakes probably 20 to 1.
Find a genuine Leica 72.
Find the one you can prove was used by hitler's personal photographer.
and so on. Modern "limited edition" cameras are not investments -- they are manufactured rarities, collectors are not fooled.
Buying any other Leica as an "investment" is going to disappoint you -- the ultimate return is not that good. You have cost of storage, cost of maintenance, cost of purchase.
Ultimately, unless you find a mint IIIG at a yard sale for $10, the return will not be worth the candle. Camera dealers make money at this sort of thing because they are camera dealers.
you are not a camera dealer.
I have IIIf RD that is spotless, totally unused, and i took a chance and had it serviced and it came back spotless and so on, and i never touch it except to exercise it, but even that, mint, beautiful, whatever, is only worth about $700 or so. Maybe a thousand on a good day.
It cost me $400 (with some accessories, it is true) plus $200 to have serviced. So my ultimate profit? I could do better in the stock market.
or the IIIF RD-ST that i use now with an abrahamson winder -- it also was mint when i bought , had it serviced, let it sit, and the servicer dinged screw head and eventually (10 years) it needed service again, had it serviced again by someone else, second service wasn't done right, had it done a 3rd time by someone ELSE again.
And it finally came back right but, let's be honest, a camera that had been serviced 3 times.
Did the math, pondered re-sale value, said "screw it" and I use it.
It's dirty, it's got a few scratches, it has a piece or two of leather missing, but it's pure magic on that abrahmson winder and makes pretty pictures. How often, really, to you get to use what is, essentially, a brand-new Leica?
Best investment i could have made.
Last edited by summicron1; 12-23-2012 at 08:14 PM. Click to view previous post history.