The Leica Summilux-M 50mm f/1.4 I, a silver, M and LTM mount fast normal of 1959, is a short-lived first-generation classic prized by collectors.

Leica Summilux 50mm 1.4 LTM

Leica Summilux-M 50mm f/1.4 I

M / LTM mount

€1,712

20 listings · €1,712–€24,447 · median €3,302

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The Leica Summilux-M 50mm f/1.4 I is a M / LTM-mount lens for Leica rangefinder cameras. As of August 2026, it sells from €1,712 used across 20 listings, with a 30-day median of €3,302. Leica price index →

How it compares

Measured against the 142 other 50mm lenses in the catalogue.

360 g Weight Lighter than 18% of them
f/1.4 Maximum aperture Faster than 71% of them

Specification

Model number(s): 11014, 11114
Focal Length: 50mm
Aperture: 𝑓/1.4
Release Year (from): 1959
Diameter: 53 mm
Filter Size: 43 mm (E43)
Length: 53 mm
Minimum Focus Distance: 1m
Elements in Groups: 8/5
Aperture Blades: 16
Mount: M / LTM
Material Weight: Metal, 360g
Colors: Silver

About this lens

Leica Summilux-M 50mm f/1.4 I

The first Summilux 50mm marked Leica's entry into ultra-fast standard lenses for the rangefinder system, and it had one of the shortest lifespans of any M-mount lens. Introduced in 1959, it stayed in production only about two years before being replaced by a redesigned successor, which makes the original comparatively scarce and a focus of interest for collectors who track the earliest Summilux glass [1][2]. It carried over the f/1.4 maximum aperture that would define the Summilux name, a Latin-derived term meaning maximum light [3].

The lens was developed under Walter Mandler with Erich Wagner and arrived in both the M bayonet and the older Leica screw thread (LTM), so it could be used across both the M cameras and earlier screw-mount Leicas of the period. Built to a 50mm focal length with a fast f/1.4 aperture, it took a 43mm filter and used a multi-element design in five groups. In its M-mount silver chrome form it weighed about 360 grams, with a brass-based barrel that gives the lens noticeable heft. It replaced the earlier 50mm f/1.5 Summarit, offering an updated optical formula in a similar overall layout.

The first version was offered in more than one finish. Most examples were a chrome-plated brass barrel with a scalloped focusing ring, while a black-lacquered version in brass and aluminium was made in very small numbers and is now particularly sought after. Total production of this first design was roughly 19,600 units over its brief run, a small figure by Leica standards. In 1961 it gave way to a revised second version by Mandler that rearranged the cemented elements within the same broad seven-element, five-group framework and changed the barrel materials and focusing ring style; Leica did not publicly acknowledge the redesign until 1968.


Optical qualities

Rendering Documentation of this specific first version is limited, since most published testing concentrates on the longer-lived second version and its descendants. As an early fast standard lens of the late 1950s, it is generally understood to trade some outright sharpness and contrast at full aperture for a soft, glowing rendering wide open that improves on stopping down. Leica's own framing of the modern reissue, which is modeled on the 1959 original, emphasizes the vintage design's drawing character and its bokeh at the f/1.4 aperture rather than clinical resolution. Claims beyond this are not well supported for the first version specifically, so they are best avoided.


History

Development and Launch The Summilux 50mm was launched in 1959 as the first lens to carry the Summilux name, establishing a line that became synonymous with Leica's fastest lenses. It was designed by Walter Mandler together with Erich Wagner and positioned as the high-speed standard lens of the M system, taking over from the 50mm f/1.5 Summarit it replaced.

Production Evolution Production of the first design ran only from 1959 to 1961, an unusually short window. In 1961 Leica introduced a second version, also by Mandler, that kept the same general element count and grouping but altered which elements were cemented and changed the barrel construction and focusing ring. That second configuration, with later updates, remained in production for decades, which makes the original first version a distinct and short-lived chapter rather than the basis for the long-running model.

Special editions No widely documented factory special editions or military or export variants of the first version are recorded beyond the standard chrome and the rare black-lacquered finishes noted above.

Collector Notes Collectors distinguish the first version chiefly by its scalloped focusing ring and early finishes, and by serial number; one reviewer advises that the earliest 1959 to 1961 lenses are externally similar to the later type but use the earlier optical design, and lists a serial cutoff for telling them apart. Originality of finish matters, as the rare black-lacquered brass examples command particular attention and are easy to confuse with later repaints. Buyers should verify mount type (M versus screw), check the glass for haze or cleaning marks given the lens's age, and confirm that hood and caps are correct for the period. Published sources vary on some details: model number 11113 and the second-version chrome and black variants are sometimes tied to the post-1961 redesign in collector writeups, and element counts are reported as either seven or eight depending on how a cemented group is counted, so cross-checking a specific serial number against a reliable database is worthwhile before purchase.


Sources

Where to buy

Prices for Leica Summilux-M 50mm f/1.4 I

Lowest right now
€1,712 48% below 30-day median

Good time to buy. The lowest listing is 48% below the 30-day average.

Median · 30d
€3,302
Available
20 listings · 5 sources
Price against condition for 20 listings-€0€9,259€18,519Excellent10Good5Fair2Used3median €2,982€1,712

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

Price against condition for 20 listings of Leica Summilux-M 50mm f/1.4 I, €1,712 to €24,447, median €2,982. Excellent: 10 at €1,712, €1,822, €2,219, €2,296, €2,573, €3,072, €3,322, €3,955, €4,286, €9,111. Good: 5 at €1,991, €2,007, €2,893, €3,483, €19,292. Fair: 2 at €2,144, €4,212. Used: 3 at €2,358, €13,934, €24,447. The full table follows.

Lowest & median price by condition for the Leica Summilux-M 50mm f/1.4 I
ConditionLowestMedian
Excellent€1,712€2,822
Good€1,991€2,893
Fair€2,144€3,178
Other€2,358€13,934
Stores
Best price Excellent
LEITZ Leica Summilux M 50mm F1.4 E43 Chrome Lens V1 version 1 Scalloped
Sold by Cardinal Camera Used
€1,712 ≈ $1,849

Price history

Over the last 12 weeks the median price for the Leica Summilux-M 50mm f/1.4 I has risen, ranging from €2,521 to €3,302 (now €3,302).

Weekly price (EUR)
Median: Good or better Lowest: Good or better
€1,249€1,709€2,169€2,629€3,089MedianLowest
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€2,853€1,249
Jun 8, 2026€2,853€1,249
Jun 15, 2026€2,875€1,249
Jun 22, 2026€2,897€1,249
Jun 29, 2026€2,897€1,249
Jul 6, 2026€2,897€1,249
Jul 13, 2026€3,089€1,249
Jul 20, 2026€2,897€1,249
Jul 27, 2026€2,682€1,249
Aug 3, 2026€2,521€1,249
Aug 10, 2026€2,468€1,249
Aug 17, 2026€2,733€1,712
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 Summilux-M 50mm f/1.4 I: frequently asked

How much does the Leica Summilux-M 50mm f/1.4 I cost?

As of August 2026, the Leica Summilux-M 50mm f/1.4 I sells from €1,712 used, with a 30-day median of €3,302, across 20 active listings.

Where can I buy a Leica Summilux-M 50mm f/1.4 I?

As of August 2026, the Leica Summilux-M 50mm f/1.4 I is sold by 5 sources (20 listings), from €1,712 used: all compared cheapest-first on this page.

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From €1,712 20 listings · 5 shops