Leica IIIb

The Leica IIIb is a LTM-mount film rangefinder camera, introduced in 1938. As of August 2026, it sells from €422 used across 3 listings, with a 30-day median of €243. Leica camera price index →

Reference maintained by · prices updated August 2026

Prices for Leica IIIb

Lowest right now
€422 74% above 30-day median

Prices are running high. The lowest listing is 74% above the 30-day average.

Median · 30d
€243
Available
3 listings · 3 sources
Price against condition for 3 listings€926€1,852€2,778Excellent1Good1Unknown1median €508€422

Lowest price Click a mark to open that listing · arrow keys to step, Enter to open

Price against condition for 3 listings of Leica IIIb, €422 to €3,333, median €508. Excellent: 1 at €3,333. Good: 1 at €508. Unknown: 1 at €422. The full table follows.

Lowest & median price by condition for the Leica IIIb
ConditionLowestMedian
Excellent€3,333€3,333
Good€508€508
Other€422€422
Stores
Best price
(502) ライカIIIb LEICA IIIb
Sold by Kikuya Camera & Watch
€422 ≈ $456

Price history

Over the last 11 weeks the median price for the Leica IIIb has fallen, ranging from €234 to €508 (now €243).

Weekly price (EUR)
Median: Good or better Lowest: Good or better
€203€280€356€432€508MedianLowest
Jun 1Jun 15Jun 29Jul 13Jul 27Aug 10

Weekly price (EUR). Median (Good or better) and lowest (Good or better) across 11 weeks. The full figures follow in the table below.

The figures behind this chart
Weekly median and lowest price
WeekMedianLowest
Jun 1, 2026€508€508
Jun 8, 2026€508€508
Jun 15, 2026€508€508
Jun 22, 2026€508€508
Jun 29, 2026€508€508
Jul 6, 2026€508€508
Jul 13, 2026€508€508
Jul 20, 2026€243€203
Jul 27, 2026€508€508
Aug 3, 2026€508€508
Aug 10, 2026€508€508

Leica IIIb: frequently asked

How much does the Leica IIIb cost?

As of August 2026, the Leica IIIb sells from €422 used, with a 30-day median of €243, across 3 active listings.

Where can I buy a Leica IIIb?

As of August 2026, the Leica IIIb is sold by 3 sources (3 listings), from €422 used: all compared cheapest-first on this page.

General

Mount
LTM
Release Year
1938
Type
Film
Model Number
Leica IIIb
Serial Range
Approx. 240,000 to 353,600 (Mixed with other models)

Dimensions

Weight
410g
Length
133mm
Width
39mm
Height
65mm

Viewfinder & Shutter

Magnification
0.5x
Framelines
None
Shutter Speeds
1s to 1/1000s + Z (Bulb) and T (Time)
Shutter Type
Cloth

Features

Hot Shoe
No
Tripod Socket
Yes
Self Timer
No
Flash Sync
None

Leica IIIb

If the Leica IIIa was all about breaking speed limits, the Leica IIIb was all about fixing a major ergonomic annoyance. On every Leica before 1938, the two eyepieces on the back of the camera (one for the rangefinder to focus, and one for the viewfinder to frame) were spaced quite far apart. Photographers had to do a literal "peephole dance," shifting their eye back and forth to get the shot.

Ernst Leitz engineers solved this with the IIIb by pushing the two optical windows right next to each other within a single raised housing on the back. While they were still technically two separate windows, you could now focus your shot, and then with a tiny micro-shift of your eye, instantly check your composition. It made street photography and portraiture noticeably faster and more fluid.

Along with the closer eyepieces, the IIIb redesigned how the diopter worked. Instead of a little lever on the eyepiece itself, the diopter adjustment for the 1.5x magnified rangefinder was moved to a neat little lever tucked right under the film rewind knob.

Under the hood, it kept everything that made the IIIa a powerhouse: the incredibly fast 1/1000s top shutter speed, the dedicated front dial for slow speeds down to 1 full second, and the gorgeous, pocketable brass body.


History

The Leica IIIb has a unique place in history because of exactly when it was made. It is the final camera of its specific bloodline.

The End of the "Built-Up" Era (1938 - 1940) Up until the IIIb, all Leica bodies were "built up" from multiple pieces of brass and metal screwed together. The IIIb was the absolute peak of this old-world manufacturing style. Shortly after its release, World War II broke out. To speed up production and make the cameras more rugged for military use, Leica completely abandoned this multi-piece design, switching to a single piece of die-cast metal for the next model (the IIIc). Because of this, the IIIb is the last of the truly "classic" pre-war bodies.

A Short, Sweet Production Run Because the war forced Leica to pivot to the IIIc so quickly, the IIIb had a relatively short production run of only about three years. This makes it significantly rarer today than the IIIa or the later IIIc.

Legacy For many collectors and shooters, the IIIb is the sweet spot. It retains the slightly smaller, slightly more elegant proportions of the early 1930s cameras, but gives you the massively upgraded viewfinder ergonomics that make it genuinely fast and fun to shoot today [1].


Sources

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