Leica IIIb
The Leica IIIb is a LTM-mount film rangefinder camera, introduced in 1938. As of October 2026, it sells from €425 used across 6 listings, with a 30-day median of €773. Leica camera price index →
Reference maintained by Thomas Boots· prices updated October 2026
Prices for Leica IIIb
Good time to buy. The lowest listing is 45% below the 30-day average.
Lowest price Click a mark to open that listing · arrow keys to step, Enter to open
Price against condition for 6 listings of Leica IIIb, €425 to €3,333, median €799. Excellent: 2 at €425, €3,333. Good: 2 at €462, €965. Unknown: 2 at €770, €829. The full table follows.
| Condition | Lowest | Median |
|---|---|---|
| Excellent | €425 | €1,879 |
| Good | €462 | €714 |
| Other | €770 | €799 |
Price history
Over the last 22 weeks the median price for the Leica IIIb has risen, ranging from €243 to €774 (now €773).
Weekly price (EUR). Median (Good or better) and lowest (Good or better) across 22 weeks. The full figures follow in the table below.
The figures behind this chart
| Week | Median | Lowest |
|---|---|---|
| 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 | €460 | €413 |
| Aug 3, 2026 | €413 | €309 |
| Aug 10, 2026 | €413 | €309 |
| Aug 17, 2026 | €460 | €413 |
| Aug 24, 2026 | €460 | €413 |
| Aug 31, 2026 | €460 | €413 |
| Sep 7, 2026 | €460 | €413 |
| Sep 14, 2026 | €460 | €413 |
| Sep 21, 2026 | €508 | €413 |
| Sep 28, 2026 | €462 | €413 |
| Oct 5, 2026 | €462 | €413 |
| Oct 12, 2026 | €462 | €425 |
| Oct 19, 2026 | €462 | €429 |
| Oct 26, 2026 | €462 | €425 |
Leica IIIb: frequently asked
How much does the Leica IIIb cost?
As of October 2026, the Leica IIIb sells from €425 used, with a 30-day median of €773, across 6 active listings.
Where can I buy a Leica IIIb?
As of October 2026, the Leica IIIb is sold by 4 sources (6 listings), from €425 used: all compared cheapest-first on this page.
When was the Leica IIIb released?
The Leica IIIb was introduced in 1938.
Is the Leica IIIb a film or digital camera?
The Leica IIIb is a film rangefinder camera with a Leica LTM mount.
How heavy is the Leica IIIb?
The Leica IIIb weighs 410 g body only.
What shutter does the Leica IIIb have?
The Leica IIIb has a cloth shutter with speeds of 1s to 1/1000s + Z (Bulb) and T (Time).
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].
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