A rare Leica camera fetched a world-record price of € 336,000 ($491,000) for cameras of its type at auction in Vienna today.

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The tiny portable black camera dating from 1923 becomes the most expensive small camera in the world and the second most expensive camera ever sold at auction.

It was bought by an anonymous European collector.

The Leica camera was the seventh of a series made in Germany to test the market for portable cameras, and intended for export to New York.

The world’s most expensive camera sold at auction was a Daguerrotype early camera made by the Susse brothers dating from 1839 and sold in May for €580,000 ($848,000).

Source: Daily Telegraph