Rare Leica camera snaps $1.3M at auction

VIENNA (AP) – An Austrian auction house says an 88-year-old Leica camera has sold for a record 1.3 million euros ($1.9 million).

WestLicht says the rare camera is part of a small series dating back to 1923 and was valued at up to 450,000 euros ($643,640).

It says the camera, which had a starting price of 200,000 euros ($286,000), went to a private Asian collector after a tense, 20-minute bidding process.

WestLicht claims Saturday’s auction makes the early Leica the most expensive camera ever sold.


Online: www.westlicht-auction.com

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-WF-05-28-11 1718GMT