Leica Elmarit-M 28mm f/2.8 III

The Leica Elmarit-M 28mm f/2.8 III is a M-mount lens for Leica rangefinder cameras. As of June 2026, it sells from €890 used across 5 listings, with a 30-day median of €1,057. Leica price index ↗

Reference maintained by · prices updated June 2026

Make Leica
Model number(s): 11804
Focal Length: 28mm
Aperture: 𝑓/2.8
Release Year (from): 1979
Production Year (to): 1996
Diameter: 53 mm
Length: 48 mm
Minimum Focus Distance: 0.7m
Elements in Groups: 8/6
Aperture Blades: 8
Mount: M
Six bit code:
Material Weight: Metal, 250g
Colors: Black

Leica Elmarit-M 28mm f/2.8 III

The third version of the Elmarit-M 28mm is the largest 28mm Elmarit Leica ever produced, a deliberate trade made so the lens would not block the TTL metering cell of cameras such as the M5 and M6 while keeping its optical performance intact [1][2]. It was the work of Walter Mandler and was built mainly at Leitz Canada, carrying the Leica order number 11804 [1][3]. As the last of the pre-aspherical 28mm Elmarit designs before the 1994 aspherical redesign, it occupies a clear position in the lineup and is sought by photographers who prefer an older, less clinical wide-angle look [2].

The optical formula uses eight elements in six groups, with an eight-blade diaphragm and an aperture range running to f/22 [1]. The barrel is black lacquered brass, the filter thread is 49mm, and the lens focuses to 0.7 m, with full rangefinder coupling on the M bayonet [1][3]. It accepts the dedicated hood 12536, and a separate accessory finder was offered for framing at 28mm [1].

The lens was produced in both Canada and Germany, and a small number of cosmetic variants exist alongside the standard black finish [3]. It is the earliest 28mm M model that Leica will retrofit with six-bit coding, which can be useful on digital M bodies, though that work is an added cost to factor in when buying [2].


Optical qualities

Rendering Documented user accounts describe a moderate overall contrast with very good raw resolution but lower edge contrast than later Leica designs, giving the detailed yet non-clinical look that draws many owners to the version III [2]. Color rendition is reported to lean slightly cyan compared with post-1994 Leica lenses [2].

Digital use On digital M sensors the lens can show faint color cast at the edges, which six-bit coding or manual lens selection helps correct; the effect is reported to be less pronounced on CMOS bodies such as the M10 than on the earlier M9 [2].


History

Development and Launch The version III Elmarit-M 28mm was introduced in 1979 and remained in the catalogue into the 1990s, when it was replaced by the aspherical Elmarit-M 28mm [1][3]. The design is credited to Walter Mandler, and most examples were assembled at Leitz Canada, with the front engraving reading made in Canada [1].

Special editions An anniversary edition tied to the Leitz 1913 to 1983 commemoration is recorded, along with ELC versions, but no broad range of factory finishes is widely documented for this model [1].

Collector Notes Buyers should expect a comparatively large 28mm barrel, which is normal for this version and not a sign of a different lens [2]. The lens uses a 49mm filter thread, a useful identification point that distinguishes it from other 28mm Elmarit versions [1][3]. Because six-bit coding was not factory applied, a coded example has been retrofitted, and the cost of having Leica perform that work should be considered before purchase [2]. As with any lens of this age, it is worth checking the glass for haze and confirming the made in Canada or German origin against the engravings.


Sources

Leica Elmarit-M 28mm f/2.8 III — frequently asked

How much does the Leica Elmarit-M 28mm f/2.8 III cost?

As of June 2026, the Leica Elmarit-M 28mm f/2.8 III sells from €890 used, with a 30-day median of €1,057, across 5 active listings.

Where can I buy a Leica Elmarit-M 28mm f/2.8 III?

As of June 2026, the Leica Elmarit-M 28mm f/2.8 III is sold by 4 sources (5 listings), from €890 used — all compared cheapest-first on this page.

Prices for Leica Elmarit-M 28mm f/2.8 III

Lowest right now €890
Median (last 30 days) €1,057
Available 5 from 4 sources

The lowest listing is 16% below the 30-day average — a good time to buy.

Lowest & median price by condition for the Leica Elmarit-M 28mm f/2.8 III
ConditionLowestMedian
Excellent€1,057€1,154
Other€890€900
Stores

Over the last 3 weeks the median price for the Leica Elmarit-M 28mm f/2.8 III has risen, ranging from €1,000 to €1,057 (now €1,057).

Weekly median price (EUR)
€1,000€1,014€1,029€1,043€1,057
Jun 1, 2026 Jun 15, 2026

Community Posts

Discussions about Leica Elmarit-M 28mm f/2.8 III
No discussions about this lens yet.

Comments

From €890 5 listings · 4 shops