Leica III (Model F)
The Leica III (Model F) is a LTM-mount film rangefinder camera, introduced in 1933. As of September 2026, it sells from €833 used across 3 listings, with a 30-day median of €833. Leica camera price index →
Reference maintained by Thomas Boots· prices updated September 2026
Prices for Leica III (Model F)
About the usual price. The lowest listing is around the 30-day average.
Lowest price Click a mark to open that listing · arrow keys to step, Enter to open
Price against condition for 3 listings of Leica III (Model F), €833 to €1,384, median €833. Good: 1 at €1,384. Unknown: 2 at €833, €833. The full table follows.
| Condition | Lowest | Median |
|---|---|---|
| Good | €1,384 | €1,384 |
| Other | €833 | €833 |
Price history
Over the last 16 weeks the median price for the Leica III (Model F) has risen, ranging from €292 to €833 (now €833).
Weekly price (EUR). Median (Good or better) and lowest (Good or better) across 16 weeks. The full figures follow in the table below.
The figures behind this chart
| Week | Median | Lowest |
|---|---|---|
| Jun 1, 2026 | €445 | €366 |
| Jun 8, 2026 | €445 | €366 |
| Jun 15, 2026 | €431 | €370 |
| Jun 22, 2026 | €447 | €431 |
| Jun 29, 2026 | €447 | €431 |
| Jul 6, 2026 | €462 | €431 |
| Jul 13, 2026 | €462 | €462 |
| Jul 20, 2026 | €368 | €186 |
| Jul 27, 2026 | €292 | €191 |
| Aug 3, 2026 | €462 | €462 |
| Aug 10, 2026 | €492 | €462 |
| Aug 17, 2026 | €462 | €462 |
| Aug 24, 2026 | €462 | €462 |
| Aug 31, 2026 | €833 | Unknown |
| Sep 7, 2026 | €833 | Unknown |
| Sep 14, 2026 | €833 | Unknown |
Leica III (Model F): frequently asked
How much does the Leica III (Model F) cost?
As of September 2026, the Leica III (Model F) sells from €833 used, with a 30-day median of €833, across 3 active listings.
Where can I buy a Leica III (Model F)?
As of September 2026, the Leica III (Model F) is sold by 1 source (3 listings), from €833 used: all compared cheapest-first on this page.
General
- Mount
- LTM
- Release Year
- 1933
- Type
- Film
- Model Number
- Leica III (F)
- Serial Range
- Approx. 107,600 to 343,100
Dimensions
- Weight
- 410g
- Length
- 133mm
- Width
- 39mm
- Height
- 65mm
Viewfinder & Shutter
- Magnification
- 0.5x
- Framelines
- None
- Shutter Speeds
- 1s to 1/500s + Z (Bulb) and T (Time)
- Shutter Type
- Cloth
Features
- Hot Shoe
- No
- Tripod Socket
- Yes
- Self Timer
- No
- Flash Sync
- None
Leica III (Model F)
If the Leica II wrote the rulebook for 35mm rangefinders, the Leica III (Model F) perfected it. Released just a year later in 1933, Ernst Leitz and Oskar Barnack looked at their groundbreaking camera and asked, "How can we make this even better for professionals?"
The most obvious answer sits right on the front of the camera: the slow shutter speed dial. Up until this point, Leica cameras couldn't shoot slower than 1/20th of a second. The Leica III introduced a dedicated front dial that allowed for beautifully precise slow speeds ranging from a full 1 second down to 1/20s, plus a "T" (Time) setting for long exposures. This bit of mechanical wizardry opened up entirely new worlds of low-light and indoor photography.
But they did not stop there. The engineers also upgraded the 1.5x magnified rangefinder window by adding a tiny lever right beneath the rewind knob. This was a diopter adjustment, meaning photographers with less-than-perfect eyesight could finally tweak the focus patch to match their vision perfectly.
And then there was a brilliantly simple, yet massively appreciated addition: strap lugs. Before the Leica III, you either had to hold the camera in your hands constantly or put it inside a heavy leather "ever-ready" case. Adding two small metal lugs to the sides of the body meant photojournalists could finally throw the camera on a strap and run with it.
History
The Leica III was a massive commercial success and became the flagship tool for reporters and artists leading up to World War II.
The Evolution of a Classic (1933) The original Leica III (Model F) set off a chain reaction. It was so successful that it launched an entire lineage of "Leica III" cameras that stayed in production in various forms (IIIa, IIIb, IIIc, IIIf, and IIIg) all the way until 1960! It proved that the M39 LTM (Leica Thread Mount) was not just a passing fad, but a robust professional system.
The Upgrade Machine Continues Just like with earlier models, Leica's famous factory upgrade program was in full swing. If you had a Leica I or Leica II, you could mail it back to Wetzlar, and they would drill into the body, add the slow-speed escapement, slap on the front dial, and mail you back a fully upgraded Leica III. This level of future-proofing built immense brand loyalty.
Legacy When people picture a classic, pre-war "Barnack" Leica, the Leica III is usually what comes to mind. It strikes the perfect balance between antique mechanical charm and genuine, shootable usability. Paired with a collapsible 50mm Elmar lens, it remains one of the most pocketable and capable vintage film cameras you can own today [1].
Sources
- CameraQuest. Leica Screw Mount Camera Guidecameraquest.com →
- Macfilos. The Barnack Leicas: A user's guide to the LTM camerasmacfilos.com →
- Ken Rockwell. Leica History and Timelinekenrockwell.com →
- Leica Wiki. Leica III (Model F)wiki.l-camera-forum.com →
- 35mmc. A Review of the Leica III (Model F)35mmc.com →
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