YOUR FRIENDS' ACTIVITY

    Today in Tech

    This $2.8 million Leica is the world’s most expensive camera

    You don't even get a single megapixel for your money

    We've seen our share of expensive cameras. The Phantom v1610, for instance, is capable of shooting 1 million frames per second — a feat that will cost you $100,000. But that's a veritable bargain compared to this 1923 Leica camera that just sold at auction for 2.16 million euros ($2.8 million), an absolute record.

    German camera-maker Leica is one of the most famous names in high-quality cameras. A new Leica can run you as much as $31,700. But this 1923 0-series Leica is a piece of camera history, one from the first batch of 31 cameras the company ever created. Only about 12 are known to still exist; fewer still are in such a pristine condition. That means this camera can command top dollar — or, in this case, top euro.

    The camera was purchased by an anonymous European buyer. In 2007, a similar Leica 0-series sold for $430,000; in 2011 one sold for $1.7 million. Given the rapid increase of price in these cameras, we think we'll keep using Instagram to take our hipster-quality photos, thank you very much.

    [Image credit: WestLicht Photographica Auction]

    [Source via Born Rich]

    This article originally appeared on Tecca

    More from Tecca:

    Loading...
    Loading...

    More from Yahoo! News

    More Tech News

    • Even Cavendish surprised by fourth stage win

      By Alasdair and Fotheringham CHERASCO, Italy, May 17 - A series of small but challenging climbs late on Friday's stage of the 2012 Giro d'Italia could not stop Britain's Mark Cavendish taking his fourth stage win and second in two days. Italy's Vincenzo Nibali remained overall leader but it was sprinter Cavendish who stole the show again after compatriot and pre-race favorite Bradley Wiggins failed to start the 254 kilometer stage, the longest in this year's Giro. In a bunch sprint finish Cavendish outgunned Italy's Giacomo Nizzolo and Slovenia's Luka Mezgec. ...

    • What We Know About the Record Breaking Powerball Jackpot's Mystery Winner

      The frenzy for last minute tickets is over. The numbers have been picked out. Somewhere, a single person is $590.5 million richer. Last night's record Powerball jackpot has a winner but we have no idea who that person is yet. 

    • Kanye West's Angry 'SNL' Rant Makes Saturday's Season Finale a Must-Watch

      This coming weekend is a big one for Saturday Night Live. It marks the end of Bill Hader's tenure on the show and Ben Affleck's fifth time hosting. But perhaps the most significant reason to tune in is the fact that Kanye West is the musical guest, and he's making it seem like he really, really doesn't want to be. With West's apparent frustration with the show and his penchant for, shall we say ... off-the-cuff remarks, producers should be worried and we should be excited. Is there a better combo than that?

    • 'American Idol' Finale: The End of an Era

      RELATED: 'American Idol': Cry Me a River

    • American Idol Candice Glover Talks Emotional 'Ugly Cry' & Her First Thoughts After Win

      Candice Glover was crowned "American Idol's" twelfth winner on Thursday night - and after the show, she was still soaking it all in.

    • After nearly 30 years, Camp Lejeune coming clean

      CAMP LEJEUNE, N.C. (AP) — Purple wildflowers sprout in abundance around the bright-yellow pipe, one of several jutting from the sandy soil in this unassuming patch of grass and mud. A dirty hose runs from the pipe to an idling truck and into a large tank labeled, "NON-POTABLE WATER."

    • A record Powerball jackpot isn't a record to celebrate

      When the 43-state Powerball lottery jackpot hit a record at $600 million Friday, many Americans who would otherwise not gamble rushed out to buy the $2 tickets. “Just on the off-chance,” many probably said.

    • The President's Umbrella Scandal Folded Before It Could Take Off

      There was a brief moment where some conservative were trying to make a scandal out of the President's moment in the rain on Thursday. But unfortunately that scandal died before it could really take off. During his Thursday press conference with Turkish Prime Minister Recep Erdogan, a Marine officer held an umbrella over the President's head to protect him from the rain. There were many problems with this, according to a select group of people. 

    Loading...

    Follow Yahoo! News