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June 3, 2011

1923 Leica O-Series

At an auction organized by Vienna's WestLicht gallery, a 1923 Leica 0-Series camera sold for $1.89 million which shattered pre-sale estimates. Before the auction, it had been valued at about one quarter of what it eventually sold for.

It was sold to a private, anonymous collector from Asia.

The camera was one of about 25 prototypes made in 1923, two years before the celebrated German brand went into commercial production.

The previous world record was set last year when a collector paid 732,000 euros for a daguerreotype, the world's first commercially produced camera, which bore the rare signature of its French inventor.