The Leica Elmar-M 24mm f/3.8 ASPH. is a compact wide-angle M-mount lens, a lighter alternative to the 24mm f/2.8 Elmarit valued by collectors.

Elmar-M 24mm f/3.8 ASPH.

Leica Elmar-M 24mm f/3.8 ASPH.

M mount

€2,035

8 listings · €2,035–€2,724 · median €2,648

checked 13 hours ago

See all 8 listings

The Leica Elmar-M 24mm f/3.8 ASPH. is a M-mount lens for Leica rangefinder cameras. As of August 2026, it sells from €2,035 used across 8 listings, with a 30-day median of €2,648. Leica price index →

How it compares

Measured against the 6 other 24mm M-mount lenses in the catalogue.

260 g Weight Lighter than 50% of them
f/3.8 Maximum aperture Faster than 33% of them

Specification

Model number(s): 11648
Focal Length: 24mm
Aperture: 𝑓/3.8
Release Year (from): 2008
Diameter: 53 mm
Filter Size: 46 mm (E46)
Length: 40 mm
Minimum Focus Distance: 0.7m
Elements in Groups: 8/6
Aperture Blades: 9
Mount: M
Six bit code:
Material Weight: Metal, 260g
Colors: Black

About this lens

Leica Elmar-M 24mm f/3.8 ASPH.

Introduced as a smaller and less expensive 24mm option for the M system, the Elmar-M 24mm f/3.8 ASPH. trades the half-stop wider aperture of the 24mm f/2.8 Elmarit-M for a noticeably more compact and lighter package [1][3]. Leica positioned it as a practical wide-angle for reportage, travel, and landscape work, and the company stated that contrast and detail rendering are already strong from the initial aperture of f/3.8 [2]. It carries order number 11648 and was announced in 2008, remaining a current catalogue lens for many years.

Optically the lens uses 8 elements in 6 groups, including one aspherical surface, and covers a diagonal angle of view of about 84 degrees on full frame. The barrel is built from anodized aluminum and optical glass, with a manual diaphragm running from f/3.8 to f/16 in click stops that include half values, and a combined meter and feet focusing scale. Focusing is fully manual down to 0.7 m, and the lens is rangefinder coupled through the Leica M bayonet. The front is a non-rotating mount that takes E46 (46 mm) filters and a screw-on lens hood, with a separate male thread provided for the hood. Because the field of view of a 24mm exceeds the coverage of the built-in M frame lines, an accessory optical finder such as the 12019, 12026, or 12027 is intended for accurate framing.

The lens carries a six-bit bayonet bar code so that digital M bodies can identify it and apply the appropriate corrections. The barrel is engraved "LEICA ELMAR-M 1:3.8/24 ASPH. E46" followed by the serial number, and the matching screw-in hood is the 12465. It has been produced in black anodized finish. No widely documented factory special editions of this lens are recorded in the consulted sources.


Optical qualities

Rendering Documented information emphasizes high image quality across the frame with good contrast and detail rendering even at the maximum aperture of f/3.8, in line with the aspherical design and Leica's own description. As a modern aspherical wide-angle it is intended to deliver even, well-corrected results suitable for landscape, travel, and interior work. Detailed independent measurements are limited in the sources reviewed here, so beyond this general character claims about specific behavior are best treated cautiously.


History

Development and Launch The Elmar-M 24mm f/3.8 ASPH. was announced in 2008 and added a more compact and economical 24mm choice alongside the existing 24mm f/2.8 Elmarit-M. By giving up roughly half a stop of speed, it offered a smaller, lighter barrel while retaining an aspherical optical layout and full rangefinder coupling. It sits among the wide-angle primes of the M lineup and was sold with an accessory screw-on hood and intended for use with a dedicated 24mm optical viewfinder.

Collector Notes The lens is identified by its order number 11648 and the engraving "LEICA ELMAR-M 1:3.8/24 ASPH. E46" with the serial number. Buyers should confirm that the E46 filter thread and front cap match, that the original screw-on hood (12465) is present, and that the six-bit coding remains intact and correctly read by digital M bodies. An appropriate 24mm finder (12019, 12026, or 12027) is a useful accessory to verify, since the lens itself does not trigger dedicated frame lines for its full field of view.


Sources

Where to buy

Prices for Leica Elmar-M 24mm f/3.8 ASPH.

Lowest right now
€2,035 23% below 30-day median

Good time to buy. The lowest listing is 23% below the 30-day average.

Median · 30d
€2,648
Available
8 listings · 3 sources
Price against condition for 8 listings€2,083€2,315€2,546€2,778Excellent4Good1Unknown3median €2,647€2,035

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

Price against condition for 8 listings of Leica Elmar-M 24mm f/3.8 ASPH., €2,035 to €2,724, median €2,647. Excellent: 4 at €2,284, €2,626, €2,669, €2,724. Good: 1 at €2,674. Unknown: 3 at €2,035, €2,465, €2,680. The full table follows.

Lowest & median price by condition for the Leica Elmar-M 24mm f/3.8 ASPH.
ConditionLowestMedian
Excellent€2,284€2,647
Good€2,674€2,674
Other€2,035€2,465
Stores
Best price
Leica 24mm f/3.8 Elmar-M ASPH (11648)
Sold by Camera Tweedehands
€2,035 ≈ $2,198

Price history

Over the last 12 weeks the median price for the Leica Elmar-M 24mm f/3.8 ASPH. has risen, ranging from €2,531 to €2,648 (now €2,648).

Weekly price (EUR)
Median: Good or better Lowest: Good or better
€2,227€2,338€2,448€2,558€2,669MedianLowest
Jun 1Jun 15Jun 29Jul 13Jul 27Aug 10Aug 17

Weekly price (EUR). Median (Good or better) and lowest (Good or better) across 12 weeks. The full figures follow in the table below.

The figures behind this chart
Weekly median and lowest price
WeekMedianLowest
Jun 1, 2026€2,536€2,276
Jun 8, 2026€2,531€2,250
Jun 15, 2026€2,531€2,227
Jun 22, 2026€2,531€2,269
Jun 29, 2026€2,531€2,269
Jul 6, 2026€2,531€2,277
Jul 13, 2026€2,539€2,273
Jul 20, 2026€2,545€2,263
Jul 27, 2026€2,605€2,256
Aug 3, 2026€2,638€2,259
Aug 10, 2026€2,645€2,266
Aug 17, 2026€2,669€2,284
What these condition grades mean

Every shop grades differently. Leica Classic uses letters, Ffordes uses E++ and E+, German dealers write "Zustand B", Japanese dealers write A−. We map all of them onto the one ladder below. Where a shop states its own grade, we print it under ours.

New
Unused, sold as current stock.Usually the maker's own store or a dealer's new inventory.
Mint
Used, but with no wear we can see described.Leica Classic A · Ffordes M
Excellent
Light wear, glass reported clean.Leica Classic A− and A/B · Ffordes E++ and E+ · Japanese A−
Good
Visible wear from use, optics reported sound.Leica Classic B · "Zustand B"
Fair
Heavy cosmetic wear, or a stated optical fault such as haze, fungus or cleaning marks.Leica Classic B−
Heavily used
Works, but wear or a fault affects using it.Leica Classic C
For parts
Not usable as sold.Leica Classic C− and D
Unknown
The listing said nothing we could grade. We show the seller's own words instead of guessing.

Leica Elmar-M 24mm f/3.8 ASPH.: frequently asked

How much does the Leica Elmar-M 24mm f/3.8 ASPH. cost?

As of August 2026, the Leica Elmar-M 24mm f/3.8 ASPH. sells from €2,035 used, with a 30-day median of €2,648, across 8 active listings.

Where can I buy a Leica Elmar-M 24mm f/3.8 ASPH.?

As of August 2026, the Leica Elmar-M 24mm f/3.8 ASPH. is sold by 3 sources (8 listings), from €2,035 used: all compared cheapest-first on this page.

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From €2,035 8 listings · 3 shops