Leica M3 early version, first batch, no. 700198 with Elmar 3.5/5cm
An exceptionally early Leica M3, serial number 700198, manufactured in 1954 as part of the first production batch of the legendary Leica M3. This camera belongs to the highly collectible 700001 to 700700 serial number range and retains the characteristic features of the earliest production models. It is equipped with the original double stroke film advance, long strap lugs, early style viewfinder, cornered top plate, and other details found only on the first generation of Leica M3 cameras.
The camera is accompanied by its period correct Leitz Elmar 3.5/5cm collapsible lens, one of the standard lenses supplied with the earliest Leica M3 cameras. The lens remains one of the most iconic Leica designs, appreciated for its compact construction and classic image rendering.
Presented in excellent original vintage condition and in full working order, this remarkable first batch Leica M3 represents one of the most important milestones in Leica history. Owing to its very early serial number and historical significance as one of the first production Leica M cameras, it is an outstanding collector's piece and a highly desirable example for any serious Leica collection.
Leica M3 early first production batch, no. 700198 with Elmar 3.5/5cm
We are proud to offer this Leica M3 from the early first production batch, no. 700198, a significant milestone in photographic history. As one of the first cameras produced in 1954, it represents the birth of the legendary M-system. You will find that this specimen is a highly sought-after collector's piece, showcasing the engineering precision of early Leica manufacturing for your collection or historical study.
Condition
| Info | Details |
|---|---|
| Optical condition: | The camera body shows age-typical patina and signs of use consistent with a 1954 production model. There are minor cosmetic marks present on the finish, which are expected given the age of this collector piece. |
| Notes: | This camera belongs to the rare 700001 to 700700 serial number range. It features the characteristic double-stroke film advance, long strap lugs, and early-style viewfinder components unique to the first production generation. |
| Function: | The camera is in full working order. All mechanical functions have been tested and operate as intended for a piece of this vintage. |
| Viewfinder: | The viewfinder contains some dust particles, which is a common characteristic for an original unit of this age and does not hinder the overall viewing experience. |
| Arsenal Check | B: Absolutely fully functional condition, good condition, signs of normal use. |
Arsenal Photo Condition Grades
| Grade | Definition |
|---|---|
| Brand New | With full warranty |
| A+ | Absolutely like new condition, absolutely without any signs of wear. |
| A | Like new condition, without signs of wear, no scratches. |
| AB | Near mint, very light signs of wear, absolutely fully functional good condition. |
| B | Absolutely fully functional condition, good condition, signs of normal use. |
| B- | Absolutely fully functional condition, good condition, with marks & scratches. |
| C | Signs of heavier use, with marks & scratches, sales without warranty. |
| D | Very bad condition, not examined, sales without warranty. |
Features of Leica M3 early first production batch, no. 700198 with Elmar 3.5/5cm
This Leica M3 early first production batch offers a unique glimpse into the start of the M-series era. Featuring the cornered top plate and specific internal viewfinder construction, it remains a focal point for any specialized Leica collection. The included Elmar 3.5/5cm lens complements the historical nature of the body. Its mechanical integrity makes it a functional piece of history, suitable for those who appreciate the tactile experience of early rangefinder photography.
Leica M3 early first production batch, a historic 35mm rangefinder camera. Perfect for serious collectors and historical photography enthusiasts.
Contents of Leica M3 early first production batch, no. 700198 with Elmar 3.5/5cm
Contents as pictured.
- Camera: Leica M3 body, Elmar 3.5/5cm lens
- Accessories: The camera is accompanied by its period correct Leitz Elmar 3.5/5cm collapsible lens, one of the standard lenses supplied with the earliest Leica M3 cameras. The lens remains one of the most iconic Leica designs, appreciated for its compact construction and classic image rendering.
Technical Data
- Camera type: 35mm rangefinder camera
- Serial number: 700198
- Mount: Leica M bayonet
- Special features: Double stroke film advance, long strap lugs, early viewfinder type, 1954 production
*Technical specifications subject to change without notice.*
Arsenal Photo Service
Arsenal Photo (PhotoAlps GmbH) buys and sells used and collectible analog cameras, lenses, and photo accessories from Zell am See, Austria. We ship worldwide, with tax-free export available for buyers outside the EU. Questions about the item will be answered by the team via email. Purchase of collections, estates, and individual items is possible at any time. This rare historical item will be packed with extra care to ensure safe transit. We recommend personal collection or insured express shipping for this high-value piece.
Frequently Asked Questions
- What defines the first production batch of the Leica M3?
- The first batch is characterized by serial numbers in the 700001 to 700700 range. These units feature early design elements like the double-stroke advance and specific top plate configurations.
- Is the camera suitable for regular daily use?
- While it is in full working order, its status as a historical first-batch collector piece makes it more appropriate for display and occasional archival photography. We advise handling it with the care required for vintage equipment.
- Does the viewfinder condition affect the image quality?
- No, the dust particles in the viewfinder are purely a cosmetic age-typical characteristic. They do not impact the resulting images or the functionality of the rangefinder patch.
- Are parts for this early M3 model still available?
- Specialized independent workshops still maintain access to vintage parts for these early models. Our in-house team is available to discuss maintenance options should the need arise in the future.
- How should I store such a rare collector piece?
- We recommend storing it in a climate-controlled environment away from direct sunlight. Using a dedicated display cabinet will help preserve its original vintage condition for years to come.



