A Leica Lover’s Guide to Acquiring a Digital M:

The best model for you depends on your priorities and pocketbook!

by Jason Schneider

When did digital imaging supplant film as the primary image capture medium? There’s no definitive answer to that question, but it happened a lot sooner and faster than many imaging experts had predicted. By the mid to late 1990s the process was well underway in newsrooms and other venues where fast turnaround is essential. And by about 2004 digital had clearly overtaken analog overall, and many photographers were swiftly dumping their fancy film cameras (other than Leicas and twin-lens Rolleiflexes) at giveaway prices.

Meanwhile Leica aficionados were anxiously awaiting the long-rumored digital Leica M, the camera that would triumphantly transition the world’s greatest rangefinder camera into the digital realm, and blow everything else into the weeds. What arrived in 2004 was the world’s first digital rangefinder camera, and gallingly, it even had an M-mount, but alas, it wasn’t a Leica—it was the Epson R-D1! Built by Cosina in collaboration with Seiko, and based on the Cosina-made Voigtlander Bessa R-series film cameras, it sported a 6.1MP APS-C-format CCD sensor (which gives a 1.5x crop factor) has a large, bright 1:1 range/viewfinder with user-selected, projected, parallax compensating frame lines for 28mm, 35mm and 50mm lenses, sensitivity settings from ISO 200-1600, shutter speeds from 1-1/2000 sec plus B, traditional analog dials, and a dinky 2-inch 235k-Dot LCD. Its imaging performance was commendable at the time, and it created a sensation. Lamentably, it could only take SD cards up to 2GB, its initial selling price was a hefty $2,999.00, and sales did not meet expectations. Result: The landmark R-D1was discontinued in 2007 after a 3-year production run.


Leica M8 black, front view, with 50mm f/1.4 Summilux-M ASPH. lens.

In 2006, Leica enthusiasts’ dreams of a digital Leica M were finally fulfilled with the release of the Leica M8, the first digital Leica M. Based on the late lamented Leica M7, then the only 35mm Leica M to incorporate TTL aperture-priority autoexposure that works with most M-mount lenses, the M8 was designed to deliver a shooting experience similar to the M7. It combined the new digital technology with traditional manual focusing and viewing via the superlative multi-frame Leica M range/viewfinder showing frame line pairs of 24mm and 35mm, 28mm and 90mm, or 50mm and 75mm. It featured a Kodak-made APS-H-size (27 x 18mm) 10.3MP CCD image sensor with a 1.33x crop factor, a modern menu system, sensitivity settings of ISO 160-2500, RAW DNG plus Fine or Standard jpeg file formats, a 2.5-inch 230k-Dot LCD, stepless aperture priority shutter speeds from 32-1/8000 sec plus B, and USB 2.0 connectivity. The M8 body measures 5.47 x 3.15 x 1.46 inches (slightly larger than analog Leica M’s) and weighs in at 20.85 ounces with 3.7v rechargeable lithium-ion battery. The Leica M8 body was initially priced at about 4,200 euros ($4,461.66) when it was released on14 September 2006. That is equivalent to a whopping $6,960.19 in 2024 dollars!

Despite its relatively low-tech specs compared to Leica’s later Digital M offerings, the M8 is satisfying to use, can capture compelling images with a “chrome film” feel, and has gained a small but devoted following in recent years. Here’s a rundown of its pros and cons:

PROS:

• In 2024 the Leica M8 is the least expensive digital Leica M you can buy, although prices on the used market have steadily crept up. The current asking price range for clean fully functional Leica M8 bodies on the leading online auction sites is $1,800.00 to $2,800.00, with the majority falling between $2,300.00 and $2,500.00.
• CCD sensor captures images with “presence,” clarity, and a “chrome” look reminiscent of slide film. While CCD sensors have some notable disadvantages and have largely been supplanted by BSI CMOS sensors, they can capture a distinctive rendition that many find appealing.
• Excellent performance for black-and-white imaging. The CCD sensor in the M8 lacks an anti-aliasing (AA) filter and that may explain why the camera can capture superlative black-and-white images. Indeed, some have dubbed it “The Poor Man’s Monochrom.”
• The M8 is fully compatible with a wide array of M-mount lenses, not only those made by Leica, but also superb and interesting M-mount lenses by Zeiss, Voigtlander, 7 Artisans, etc. It will also accept a wealth of vintage M-adapted screw mount lenses by Canon, Nikon, and zillions of USSR and Russian-made lenses.
• The 1.33x crop factor of the M8’s APS-H sensor can be advantageous in portraiture and street photography, providing a little extra reach and possibly a more attractive perspective.

CONS:

• The Leica M8 is nearly 20 years old, and while most of them have held up relatively well, they’re more likely to require repairs or servicing than newer models, and some spare parts are no longer available.
• The M8’s CCD sensor has limitations. While it can capture vibrant images, it does not perform well at higher ISOs. Its practical sensitivity setting limit is ISO 640, and it works best at ISO settings of 400 and lower. At higher ISOs noise is excessive and occasionally banding in the images is observable.
• Since the sensitivity of the CCD sensor in the M8 peaks in the near infrared, its color rendition is not perfectly accurate. Due to this and its lack of an AA filter, false colors can occur with dark fabrics, especially those made of polyester materials, resulting in a purplish or brownish cast in images shot with the M8. At the time Leica responded by offering a free IR filter to M8 owners, which was effective, but is no longer free! Other than that, the M8 was favored by many for its intense color rendition.
• The 1.33x crop factor of the M8’s APS-H-format sensor can be a negative feature for wide-angle lovers—a 35mm lens becomes, in affect a 46.6mm normal, a 28mm becomes a 37.4mm semi-wide-angle, and perhaps worst of all, a 21mm ultra-wide-angle is equivalent to an “ordinary” 28mm.

The Leica M8.2

In 2008, Leica unveiled the Leica M8.2, a variant of the M8 with a somewhat quieter shutter, a sapphire glass on the LCD for better abrasion and scratch resistance, a top shutter speed of 1/4000 sec (down from 1/8000 sec) and a flash sync speed of 1/180 sec (down from 1/250 sec). The modified shutter runs slightly slower, thus generating less noise and vibration. Other changes: a separate simplified “snapshot” shutter setting, an Auto-ISO function on the menu that ups the ISO setting if proper exposure cannot be achieved at the slowest useable shutter speed and flashes a warning in the finder, and has a ‘discreet” setting that allows wind-on noise to be delayed by holding down the shutter release. The Leica M8.2 was available in silver chrome and black finish and is identifiable by an “M8.2” engraved on the accessory shoe. The Leica M8.2 was discontinued in 2009, with the release of the full-frame digital M9.


Leica M8.2 in black with 50mm f/0.95 Noctilux-M ASPH. lens.

Less commonly offered online than the M8, the Leica M8.2 generally fetches from $2,500.00 to $3,200.00 on the leading online auction sites or from Leica specialist dealers.

CONS:

The Leica M9: A full-frame digital M at last!

Released in 2009 and in production (3 versions, including the Leica M9-P and Leica M-E) until 2012, the first full-frame iteration of the Leica M was a great success, with a total production of 51,400 units. Incorporating an upgraded 24 x 36mm 18MP CMOS sensor that maintains the inherent angular coverage of any mounted M-mount lens, the M9 incorporates many other improvements, including the ability to enter details of non-coded lenses manually, assigning one of the quick access buttons for manual ISO setting, an Auto ISO function that ups the ISO to prevent underexposures, and a “pull” option that provides an ISO 80 setting (the normal range is ISO 160 to ISO 2500).


Leica M9, black paint finish with 50mm f/1.4 Summilux-M ASPH. lens

The Leica M9 employs the same basic shutter as the M8.2, but the “S” (snapshot) setting has been moved to the user profiles menu, and the extra space on the shutter speed dial has been used for an 8 sec speed, expanding the shutter speed range from 8 sec to 1/4000 plus B. The main menu also includes a “soft” setting (in addition to the M8.2’s “discreet” shutter setting) that fires the shutter without going through the “pressure point” for the AE lock, resulting in a smoother release. The TTL exposure system reads off one white and two gray shutter blades, a system designed to enhance overall metering accuracy. In the large, bright viewfinder the projected, parallax-compensating frame line pairs have reverted to the traditional 28/90, 35/135, and 50/75 so lenses wider than 28mm require a separate shoe-mount finder. The viewfinder magnification remains at 0.68x. A comprehensive bracketing feature is available and accessed via the “set” button on the back of the camera. The small window that showed exposures remaining and battery status on the M8.2 has been removed—the info is now accessed via the LCD by pressing the “info” button. Finally, there’s now a slight “step” on the side of the body next to the main viewfinder window, a cosmetic enhancement to the M9’s attractive form factor.

PROS & CONS

PROS:

• The M9’s 18MP full frame CCD sensor is fitted with a UV/IR cover glass that largely eliminates the need to use lens-mounted IR and UV filters, to minimize color casts when photographing certain synthetic fabrics, as required with the Leica M8/8.2. However, this is not an anti-aliasing (AA) filter so full sensor resolution is retained. This enables the M9 to capture vibrant images with astonishing detail at low ISOs.
• A one-stop improvement in noise at any given ISO compared to the M8/8.2. The M9 sensor uses CFA dye for improved red sensitivity, signal paths in the output stage have been shortened for greater efficiency and speed (a new PCB design), two processors are now used for improved jpeg quality and speed, and entirely new firmware helps to reduce noise and enhance imaging performance.
• A new microlens array has increased offset at the corners to minimize the effects of shading, and there’s no limit on the lenses that can be used (even short back focus ultra-wide-angle primes) or the 16/18/21mm Tri-Elmar M.
• Excellent ergonomics overall. Most settings are intuitive and logically arrayed, resulting in a swift learning curve and excellent responsiveness in applications like street shooting, one of Leica’s traditional specialties.

• The Leica M9 was subject to “sensor corrosion,” where the sensor glass within the camera can oxidize or develop white spots, significantly impacting image quality. This is largely due to the unique design of the M9 sensor which lacks a protective coating on the sensor glass, making it subject to environmental factors such as moisture and high humidity.
• The M9’s sensor performs admirably within its design parameters, but it isn’t a match for current CMOS sensors in low light. It performs admirably up to ISO 800 and is useable but noisy at ISO 1600.
• The body of the M9 is only marginally thicker than analog Leicas and the M10, but it feels (and looks) fatter, and this adversely affects handing for some users.
• The M9’s LCD is not up to the same standard as its superb low ISO imaging performance. Many reviewers have panned its low resolution, limited viewing angles, and slow refresh rate, making it difficult to assess images, especially in low light, and compared to later Leica M models.

The Leica M9 is available in silver gray or black enamel. The black model is covered in simulated vulcanite; the silver-gray model is clad a smoother textured covering. The M9 is readily available, body only, in clean fully functional condition at prices ranging from $2,100.00 to $3,900.00 from Leica specialist dealers or on the leading online auctions, with most falling in the $3,000.00 to $3,500.00 asking price range.

The Leica M9-P: In 2011 to 2012 Leica produced a slightly upgraded iteration of the M9 dubbed the M9-P featuring a tougher, more abrasion resistant LCD with a sapphire glass top surface. Both the black paint version (code 10703) and the silver-chrome version (code 10716) are covered in synthetic vulcanite. There is no ‘M9’ logo or Leica red dot on the front, and the top plate is engraved with the classic Leica script and ‘Leica Camera AG Germany’ logos. The Leica M9-P model name is engraved on the hot shoe,

The Leica M9-P is less commonly seen on the used market than the M9, and often commands a slightly higher price. Current range for bodies in clean working condition: $3,200.00 to $3,800.00. Note: The Leica M9, M9-P, and M-E are frequently offered with replacement sensors due to the previously mentioned corrosion problem, generally a plus for potential buyers.

The Leica M-E (Typ 220): In production from 2012 to 2015, it was intended to be an entry level or ‘economy’ version of the M9. The sole functional difference is the absence of a frame line preview lever. In addition, the top plate and base of the camera are painted anthracite gray, and the faux-leather covering is claimed to provide enhanced grippiness for more secure handholding. Finally, the shutter speed dial, shutter release, on/off switch, and accessory shoe are finished in silver-chrome.

The Leica M-E is less commonly listed on online auctions than the Leica M9, but it is not rare. Typical price range for clean, fully functional bodies: $2,500.00 to $3,200.00.

The Leica M240: First Digital M with a full frame CMOS sensor

Introduced at Photokina in 2012, it remained in the line until 2017, am impressive run for a digital camera. A total of about 58,000 units were turned out, a mark of its marketplace success. The M240’s 24 x 36mm 24MP CMOS sensor, designed by CMOSIS of Belgium and manufactured in France by ST Microelectronics, delivers significantly improved imaging performance at high ISOs compared to the M9. The electronically upgraded M240 also added a new (for Leica) live-view function, with zooming and highly magnified focus peaking, on a much improved 3.0-inch 920k-Dot TFT Color LCD, with a Gorilla glass cover or via an optional compact shoe-mount EVF-2 Visoflex viewfinder attachment. This versatile accessory greatly facilitates composing and focusing the image with the full range M-mount lenses, with an even wider range of Leica R-mount lenses and third-party lenses, and with virtually any close-up device. The M240 was also the first Leica M with Full HD (1920 x 1080p) video with sound at 25fps, and a full-res maximum framing rate of 3 fps. Many marketing experts saw the M240 as an attempt by Leica to spark renewed interest in the Leica M after the slow rollout of the M8, M8.2, and M9.


Leica M240 body: First digital Leica M with a full frame CMOS sensor was very successful, had a 5-year production run.

The M 240’s range/viewfinder continues the classic pattern of its immediate predecessors (28 + 90mm, 35 +135mm, or 50- 75mm) and they are mechanically actuated but are now LED-illuminated in a choice if white or red for greater visibility in low light. As with the M8.2 and M9, the dimensions if the frame lines are matched to the lens coverage at a focusing distance of 2 meters.

The M240 body feels “chunkier” than the M9 due to its slightly increased body thickness, and the presence of a contoured thumb rest, and it’s heavier because of its larger Li-ion battery, which provides an impressive 1,700 to 2,100 shots per charge. Due to the deletion of the no longer needed frame line illumination window, the size of the Leica red dot and the black ‘M” on the front of the camera were enlarged to enhance the camera’s esthetics. The standard finishes are black enamel (code 10770) and silver chrome (code 10771), both covered in simulated vulcanite.

PROS & CONS

PROS:

• A used Leica M240 is less than half the price of a used Leica M10 or a new M11, which can run $5K to $9K.
• Proven reliability: The M240 has an enviable track record as a reliable camera, and if any repairs are required, they can generally be performed expeditiously, which is not always the case with the M11.
• For typical users (who print out their best images and/or view them on a computer screen) the M240 is functionally akin to later digital M’s, providing much the same shooting experience.
• With its 24MP sensor the M240 can process files more quickly than a camera with a 50+MP sensor and is well within the working capacity of many older computers.
• There are many situations (such as urban street shooting in dicey neighborhoods) where you might not want to walk around with an $8,000-$9,000 camera and the M240 presents less of a financial risk.

CONS:

• The M240 is old for a digital camera and more likely to require repairs and servicing, neither of which is cheap.
• The M240 is marginally larger than other digital M’s. It only comes to a few millimeters here and there and many users have no complaints, but some feel it’s too “fat” and that that adversely affects its handing and feel. Its large capacity Li-ion battery also makes it heavier than other digital Leica M’s.
• Its high ISO performance is limited to about ISO 6400, and “digital grain” and other defects are observable at higher ISOs. Indeed, sticklers and pixel peepers generally stick to ISOs of 3200 and lower.
• Shadow banding: you can occasionally get banding effects in the shadows in images shot with the M240. Solution: make sure your exposure is on the nose, and if it is, drop the shadows and the banding will almost always go away.

 

[Jason Schneider]

The Leica M240 bodies are widely available in clean fully functional condition at Leica specialist retailers and online auction sites at prices in the $2,500.00 to $3,500.00 range. Black finished models tend to be priced slightly higher and mint or new in box examples can fetch $4,000.00 to $4,500.00. Note: all the following variants of the M240 feature the same full frame 24MP CMOS sensor,

Leica M-P 240: Introduced in 2014 as a variant of the M240, and listed in the Leica catalog until 2017, it incorporates several improvements, including a 2GB buffer memory that enables a larger number of consecutive shots when shooting bursts, reinstating the frame line selector lever that was omitted on the M240, and using a harder sapphire glass covering on the LCD. The prominent round red Leica dot and prominent ‘M’ on the front were replaced by a discreet cover screw, and the top was engraved with the classic cursive Leica logo and the usual corporate inscription. The M-P 240 is available in black (code 10773) and silver-chrome (code 10772).

The Leica M-P 240 is less commonly seen on the used market than the M240, and bodies in clean working condition (either color) generally command prices in the $2,800.00 to $4,300.00 range.

Leica M262: A simplified version of the Leica M240 much as the Leica M-E was a scaled-down M9 but retaining the M240’s 24MP full frame CMOS sensor, the M262 incorporates a top plate made of aluminum (reducing overall body weight by 100g) and is available only in black paint finish. It replicated the “stepped-up” form factor of the M9 and reprised the Leica red dot (but not the ‘M’ on the front). Feature-wise, live view, video capability, EVF capability, plus spot and multi-metering options were eliminated. Also, there’s no longer a red frame line illumination option and the menu has been simplified. Note: In 2017 a special lot of 100 Leica M262’s in red anodized finish were produced for the Leica Store in Wetzlar owned by leading Leica authority Lars Netopil.

A standard issue black Leica M262 body in clean fully operational condition typically fetches about $3,000.00 to $4,200.00 on the used market. A limited edition red finished M262 goes for about $7,000.00.

Leica MD-262: In production from 2016 to 2018 the MD262 was designed for those seeking something akin to the experience of shooting film when using a digital Leica M. To that end the MD-262 deleted the LCD on the back of the camera, replacing it with an elegant silver-chrome dial that controls the ISO setting only. With the absence if the LCD the camera can be gripped like a classic analog Leica, and fans of the system claim that the discipline of having to wait to view and download images heightens the creative experience of photography and encourages careful composition before pressing the shutter release. Evidently some Leica fans agree and Leica has offered other “LCD-free” digital M’s up to and including the latest M11-D. The Leica MD-262 was only available in black enamel finish.

Used Leica MD262 bodies in clean fully functional condition are occasionally listed on the leading online action sites but not frequently enough to establish a valid price range. Estimated average price: about $5,000.00.

Leica M-E 240: In production only in 2019, the Leica M-E 240 was fitted with lighter weight aluminum top and bottom plates than the standard Leica M240 and retained the larger 2GB buffer that was featured in the M-P 240. It had an anthracite (grayish) finish and a black faux leather covering. The camera (Code 10981) qualifies as rare since only about 700 examples were produced. A clean fully functional Leica M-E 240 body currently fetches about $4,400.00 on the leading online auction sites.

The Leica M10: 2017 to 2020

After the feature-laden M240, the Leica M10 marked a return to the classic minimalist Leica M concept, with a slimmer form factor resembling the analog M6 TTL and features pared to the essentials. The video making feature was deleted and the ISO dial was moved to where the rewind knob would have been on an analog M, enabling sensitivity settings from ISO 100 to 6400 to be input directly. The menu has also been simplified with fewer buttons on the camera back to accord with the intuitive vintage M experience, and the resolution of the 3.0-inch TFT LCD has been increased to1,036,800 dots, noticeably enhancing its image evaluation ability. The resolution of the accessory Visoflex 020 EVF has also been increased, and that, with the much shorter shutter actuation delay, makes for a more seamless shooting experience.


Leica M10 black, body only with original Leica cap and prominent Leica red dot.

The redesigned 24MP CMOS sensor delivers improved image quality that’s especially noticeable at ISO 3200 and 6400, and sensitivity can now be extended to ISO 50000. Viewfinder magnification has been increased to 0.73x, providing slightly increased focusing accuracy, the eyepiece is now more user friendly for eyeglass wearers, and the M10 has a built-in WLAN facility enabling users to transfer images directly onto devices such as smart phones. Other upgrades: advanced Maestro II image processor, 8 white balance presets, shutter speeds 8 sec to 1/4000 sec, maximum full res burst rate up to 5 fps, and GPS notes via the optional Visoflex EVF.

PROS & CONS

PROS:

• Excellent handling and balance, classic Leica M ergonomics, and superbly constructed and finished magnesium alloy body.
• Impressive sensor performance. When introduced in 2017 the M10 offered the highest performing sensor to date, capable of delivering superb sharpness vivid but very accurate colors. Perhaps that’s why so many digital M shooters upgraded to the M10 when it was introduced.
• Simplified control layout that is intuitive, focuses on the essentials, and facilitates fast and responsive image capture.
• Absence of video. Can eliminating a feature be seen as a plus? It may seem counter-intuitive but many M10 shooters think so.

CONS:

• A tendency to blow out highlights in overexposed image areas. Bottom line: When shooting images with very high brightness ratios such as backlit scenes with the M10, view the captured image and decrease the exposure as required.
• Occasional freeze-ups: This can happen with nearly any digital Leica, and it’s less likely with the M10 than with previous models. Rebooting and/or removing and replacing the battery will restore normal operation.
• Memory card incompatibility issues. Most firmware upgrades solved these problems so check that your M10 is up to date. If problems persist use a different brand memory card.
• Marginal battery capacity. The M10 can capture only about 210 images on a fully charged battery. That’s a lot less than the M240, so carry fully charged backup batteries if you plan an extensive shoot and don’t have time or the ability to recharge.
• Old generation EVF. Some users complain that using the M10 with the standard EVF is a retrograde experience and not worth the trouble. Others disagree, so check it out yourself.

The Leica M10 is available in black-chrome (code 20000) and silver-chrome (code 20001) with black faux leather covering. Leica M10 bodies are widely available used in clean fully functional condition at prices in the $4,000.00 to $5,000.00 range from Leica specialist retailers and at the leading online auction sites.

Leica M10-P: Introduced in 2018 and in production until 2021, this variant if the M10 deleted the Leica red dot on the front and replaced it with a discreet flat cover screw, while retaining the classic Leica script logo engraving on the top. The main technical improvement is a much quieter shutter, said to have the lowest noise lever of any Leica M ever produced. The LCD is also controllable by the touch of a finger either before or after the exposure is made, making image evaluation and other settings more convenient. Other M10 features such as the sensor and image processor remain the same. The M10-P is available in black chrome (code 20021) of silver-chrome (code 20022) finish. Leica M10-P bodies in clean working condition are widely available at Leica dealers and online auction sites at prices ranging from $5,000.00 to $6,000.00 in black or silver. Limited edition white bodies run about $7,000.00 or a bit higher.

Leica M10-D: Introduced in 2018 and in listed in the catalog until 2020, the M10-D is basically an updated version of the MD-262 concept but based on the M10-P in terms of tech specs, overall appearance and its quiet shutter. Designed to replicate the handling, shooting, and esthetic experience of a classic analog Leica M, it has no LCD screen on the back (in its place is a discreet black dial with on-off and Wi-Fi function for uploading images to connected devices) and what looks like a vestigial film-wind lever but is really a nicely contoured thumb rest! It also retains a “hot shoe” that can be used for attaching optical viewfinders and (unlike the MD-262) lets you use a Visoflex EVF as well. All other features parallel those of the M10-P. The standard production M10-D was only available in black-chrome finish (code 20014).

The Leica M10-D was produced in limited quantities and is in high demand resulting in high prices. The two now listed online command prices of $8,000.00 and up in mint condition, body only.

Leica M10-R: The last of the Leica M10 series, it was introduced in 2020 and remained in production until 2022. The added letter “R” evidently stands for “resolution” because the resolution of the camera’s full frame CMOS sensor was increased to 41MP (up from 24MP) for enhanced fine detail rendition, and greater flexibility in cropping and making large enlargements. In terms of its features, it’s essentially an M10-P, and is a companion model to the black & white only M10 Monochrom, which also has a 41MP CMOS sensor.

The standard Leica M10-R was produced in black-chrome (code 20002) and silver-chrome (code 20003). In 2021 a special edition of 2000 M10-R cameras in black paint finish, with no red Leica dot, a silver-chrome shutter release surround, cross knurling on the dials, and engraved ‘Ernst Leitz Wetzlar Germany’ was issued under the product code 20062.

Leica M10-R bodies in pristine shape are widely available on the leading online auctions and from Leica specialist dealers at prices ranging from $6,000.00 to $6,500.00. The lone Black Paint Special Edition Leica M10-R currently posted online is listed at $11,354.94!

The Leica M11: The Ultimate Digital M—for now!

The most advanced, high-performance Leica M to date, and a major redesign that surpasses previous models in overall performance, the Leica M11 debuted in 2022 and remains in production in three distinctive iterations, the M11, the M11-P and the M11-D. While largely retaining the classic form factor of the M10, its substantial innovations include a new ultra-hi-res 60MP BSI CMOS sensor offering “triple res” DNG-RAW settings of 60.3MP, 36.4MP or 18.5MP, all of which utilize the full frame, an expanded sensitivity range from ISO 64 to 50,000, an internal memory of 64GB, an optional electronic shutter with speeds to 1/16,000 sec, center-weighted, multi-zone, and spot metering available in rangefinder modes with metering off the sensor as in live view. The traditional M baseplate has been eliminated and the bottom loaded Li-ion battery has a much larger capacity (700 shots per charge) than the M10’s. A higher resolution 3-inch 2.33m-Dot LCD fixed touchscreen offers a revised dual memory structure making it easier to select frequently used settings, and there’s a new shorter Visoflex 2 accessory EVF and a USB-C port for enhanced workflow connectivity. The M11 has a full-res RAW burst rate of up to 4.5 fps/100 frames JPRG, a 2/12-sec delay self-timer, Leica FOTOS functionality for uploading and handling image data via connected devices, and a 0.73x viewfinder magnification. Available in black finish (reduced weight aluminum top plate, code 20200), and silver finish (brass top plate, code 20201). Retail price new: $8,995.00 body only, in black.

PROS & CONS

PROS:

• Wide dynamic range, widest of any Leica, facilitates editing flexibility and ease.
• The classic Leica M shooting experience hasn’t been diluted
• Ultra-high performance 60MP BSI CMOS sensor allows for very large big prints and radical cropping.
• Low ISO 64 setting allows shooting fast lenses wide open for dramatic graphic effects with shallow bokeh.
• New black finish complements vintage chrome lenses, looks more classic than black chrome, has the bonus of less weight.
• 64GB of internal memory minimizes the need to use an SD card—all you need is a USB-C cable.
• Triple resolution sensor gives you the choice to match the resolution to the subject and tailor it to how the images will be used and shared,
• The M11’s image files have an “organic” feel and you don’t need to use presets to get satisfying results.
• Fn buttons let you assign custom functions to the buttons that best suit the way you work.

CONS:

• When first introduced the M11 had a few bugs and would occasionally freeze up, but virtually all of them have been fixed with firmware updates.
• Some lenses exhibit more chromatic aberration (CA) on the M11 than with previous digital M’s. Perhaps this has something to do with the higher performance sensor.
• Low light performance is good, but not appreciably better than previous models. However, the fact that it can do this at 60MP is something of an achievement.
• The E-shutter is less useful than it could be due to rolling shutter effects which are quite visible with moving subjects. However, the mechanical shutter plus low ISO capability let you shoot at all apertures in bright light.

Used Leica M11 bodies in clean fully functional condition are available at the leading online auctions at prices ranging from $6,000.00 to $7,000.00 in black, with “new in box” examples running about $8,000.00.

The Leica M11-P: Intr0duced in late 2023, the “P” which stands for “premium” omits the Leica red dot on the front, sports an engraved script Leica logo on top, upgraded the touchscreen LCD by adding a sapphire glass protective cover, quadrupled the internal storage to 256GB, and added Content Authenticity Storage (CAI) support that lets creators claim ownership of their original photos. Leica says the camera is weather-sealed but has not yet tested it to IP standards. It's available new in black or chrome (body only) at $9,195,00. Is it worth $200 more than the regular M11? Probably.

Leica M11-D: Just introduced in late 2024, the M11-D is a classic example of “less is more,” and like previous D-suffix Leica digital M’s its signature feature is that it lacks an LCD screen on the back, filling the space with a direct input ISO dial. It is intended to provide users with something akin to the vintage “analog M shooting experience.” Otherwise, its feature set hews closely to that of the M11-P and includes the following: 60MP Full-Frame BSI CMOS Sensor, Iconic Design with No Logo & No Screen, Leica Content Credentials Technology, Optical 0.73x-Magnification Viewfinder, Internal 256GB Memory and SD UHS-II Slot, ISO settings 64-50000, up to 4.5-fps burst rate, Wi-Fi & USB Type-C, Dedicated FOTOS App, Lightweight Aluminum Top Plate, Electronic Shutter option and Multi-Field Metering. The Leica M11-D is finished in matte black paint, is priced at $9,395.00 and is slated to be available at Leica retailers shortly.


Leica M11-D with 50mm f/1.4 Summilux-M ASPH. lens, an understated beauty for traditionalists.

The Leica M Monochroms: 4 masterpieces of black & white imaging

All Leica M Monochrom cameras work by capturing only the intensity of light (luminance) without color information. This is achieved by eliminating the Bayer pattern filter layer from their respective sensors, allowing it to gather more light per pixel, yielding high-quality black-and-white images with superior detail and low-light performance compared to color sensors. In essence every pixel on a Monochrom sensor captures the full spectrum of light rather than being filtered for specific colors, such a red, green and blue. Since a Monochrom sensor captures pure luminance data, the output from the sensor is essentially a pure luminance map, so “demosaicing” is not required. The advantages if this system include exceptional black-and-white image quality and detail along with an extended tonal range, improved low-light performance, and a greater dynamic range—the ability to capture the full range if light intensity with detail in both highlight and shadow areas. Obviously, the real-world performance parameters of each M Monochrom model varies with the resolution, type, and imaging characteristics of the specific sensor modified for monochromatic imaging, but all are capable of outstanding performance.

The Leica M9 Monochrom: Announced in 2012 and in production until 2015, it was the first black-and-white-only Leica digital camera, and its monochromatic sensor was derived from the M9’s 18MP full frame CCD sensor. The resulting images were significantly sharper and sensitivity settings up to ISO 10,000 were useable. The M9 Monochrom was introduced with the 50mm f/2 APO-Summicron-M ASPH. lens to maximize the camera’s potential even at f/2. It quicky became a cult classic, sales exceeded expectations, and a remarkable 10,136 cameras were made over its 3-year production run. The M9 Monochrom was available in black chrome (code 10760), and later in silver-chrome (code 10787). There were also three CM9 Monochrom Special Editions: The Ralph Gibson of 2013, furnished with a silver-chrome 35mm f/1.4 Summilux-M ASPH. lens, the 25th Anniversary Nordisk Foto Denmark of 2014, which came with the same lens, and 10 examples of the silver M9 Monochrom of 2015 engraved ‘Singapore Leitz Park.’

The M9 Monochrom is currently available used in clean working condition at prices ranging from $2,200.00 to $4,000.00. Mint or new in box run about $5,000.00 and up, and special edition models with matching go for upwards of $21,000.00.

The Leica M246 Monochrom: In production from 2015 to 2020, the second-generation M Monchrom is based on the much-improved feature set and user interface of the Leica M240 and employs a monochromatic version of its 24MP CMOS sensor. The black-and-white LCD monitor offers much higher resolution than the M9-based Monochrom, making previsualization and evaluation of the captured image much easier and more satisfying. Indeed, the greatest advantage of the M246 Monochrom may be facilitating the user’s ability to “see” in black-and-white. The camera is available in black chrome (code 10930) and about 7,041 units were produced.

Used M246 Monochrom bodies are less commonly seen on the used market than other M Monochrom models, and examples in clean working condition are generally priced at about $4.500.00 to $5,000,00

The Leica M10 Monochrome: Announced in 2020 and in the line until 2022, it offers significantly improved performance compared to previous M Monochrom models thanks to its 41MP CMOS monochromatic sensor, based on the full-color sensor in the M10-R. Sharpness and tonal gradation are particularly impressive. Its form factor resembles the M10-P except for having more understated engravings, a black shutter release, and a black lens release. It also incorporates the M10-P’s ultra-quiet shutter, reinforcing its identity as a “stealth” camera. It was only made in black chrome (code 20050).

To commemorate the 150th anniversary of the founding of Ernst Leitz Wetzlar in 2020, a special edition of 650 M10 Monchroms were produced with special engravings on the top plate, and a special edition of 500 35mm f/1.4 Summilux-M ASPH. lenses were produced with gray and white scales and bearing the legend ‘Leitz Wetzlar’ on the front ring. In 2020, to mark the 5th anniversary of the Ginza Six shopping center in Tokyo, twenty M10 Monochrom cameras covered in cowhide and adorned with a ‘Fragment’ logo were made.

Used Leica M10 Monochrome bodies are not that common on online auction sites, but when they do show up, prices generally range from about $6,500.00 to $7,000.00.

The Leica M11 Monochrom: Announced in April 2023, and based on the Leica M11, this 4th generation M Monochrom is clearly the most advanced iteration to date. Its cutting edge features include a full frame 60MP B&W CMOS sensor with no color array or low pass filter, ISO settings of 125-200,000, a 2.95-inch 2.3m-Dot Touchscreen LCD, a full-res burst rate up to 4.5fps, a minimalist black finish and a lightweight aluminum top plate, an optical multi-frame range/viewfinder with 0.73x magnification, 256GB of internal memory and an SD UHS-II card slot, Wi-Fi and USB Type C connectivity, a dedicated FOTOS app, an electronic shutter option, and multi-field metering. Retail price new: $9,495.00, body only.


Leica M11 Monochrom in black finish. The most advanced Monochrom to date, it delvers awesome performance in black-and-white,

Understandably, used Leica M11 Monochrom bodies are rather thin on the ground but there are a couple of new ones listed online with various accessories at prices in the $11,000,00 - $12,000,00 range!

In assessing the nearly-two-decade history of the digital M Leica, two things become crystal clear: the iconic M-series Leica has made a successful transition from film to digital capture while preserving the essence of the rangefinder experience, which has a unique charm that transcends the superior viewing accuracy and flexibility of DSLRs and conventional mirrorless cameras. And unlike virtually all other digital cameras, digital M Leicas retain their value remarkably well even after they’ve been technically surpassed. Why? Because their classic form factor and magnificent multi-frame range/viewfinders provide a timeless shooting experience, and they can all deliver outstanding images when used within their performance parameters. That’s been true since the debut of the legendary 35mm Leica M3 more than 70 years ago and that’s why aficionados and pros are still willing to shell out the big bucks for what amounts to a digital version of a traditional rangefinder camera of the 1950s. For pure visceral joy there’s simply no substitute.

 

[Richard G]

As usual a fantastic compendium to guide a buyer and just as interesting for the rest of us.

 

[Archiver]

As a M9 owner, I was tempted to put some substantial money into the limited edition titanium M-P 240 set, which came with a titanium APO Summicron 50 and titanium Summicron 28. The set cost AUD $28,000 at a local dealer; a stock APO 50 is AUD $14,500 at retail and around $9500 to 10k secondhand. A stock Summicron 28 is $7800 new, and $4500-5500 secondhand. A stock M-P 240 is about $6000. So for $20k I could buy a stock body and lenses separately, it would cost another $8000 to get limited edition titanium versions.

In the end, the set sold to a buyer in Sydney, and I figured that I wanted this set because it was a limited edition titanium set, not necessarily because I wanted a MP 240, APO cron 50 and Cron 28. I'm still happy with my M9, Cron 50 v5, Elmarit 28 Asph, and other lenses.

 

[Jason Schneider]

As usual a fantastic compendium to guide a buyer and just as interesting for the rest of us.

Thanks very much for your kind words, Glad you Leica

 

[Coldkennels]

...now if only they'd make a digital III instead of a digital M. Oh well, a man can dream.

Signed, reluctant owner of an M240....

 

[WoodallP]

...now if only they'd make a digital III instead of a digital M. Oh well, a man can dream.

Signed, reluctant owner of an M240....

I second that. As I have said before somewhere on this forum (can’t remember where) it is probably more convertible than most 35mm cameras. The whole body shell can be removed and replaced and removing the take up spool gives a little more room for electronics and batteries. A few more mm at the back may be needed. I was out shooting a black II with 1.5x today and it was just fun! But this is dreaming, though possibly a few skilled amateurs could manage (not me).

 

[Richard G]

I’m off for my morning walk along the river. I take my silver M9-P and tiny Summaron M 28 5.6 enveloped in one hand every morning. I’ve had the camera over 12 years now. I no longer see any limitation after getting over the main shock that you simply can’t check focus with the LCD. Otherwise, this full frame digital M Leica remains the miracle it was for me the day I bought it.

With this 28, at 5.6, if I lift the camera to the eye, it’s more for framing than RF focussing. And I wear glasses and can’t see the 28 lines clearly. I’m in a mode of camera use familiar 70 years ago and earlier. Jason emphasises in his review this long, long legacy that Leica has maintained since 1954. I chose the M9-P as it channels my M2. Astonishingly the current Leica film camera list includes the MA, which is 90%+ an M2.

 

[Michael Markey]

Thank you for that comprehensive review .
I love my 246 but have often wondered if an M10 mono would offer any worth while improvements.
You`ve answered that .
Thank you.

 

[Sonnar Brian]

I bought my M8 almost 15 years ago- 400 clicks on it, two batteries, a half-case, and two IR cut filters. $2,500. It was four months old. I guess they should have waited for the M9.
I'm happy with it, 1/8000th second top shutter speed means shooting wide-open outside. I use the "Button Dance" and M8RAW2DNG with it, adds at least a full-stop to the High-ISO performance.

And- have the M9, M Monochrom (CCD), and M240. All get used and have their special places.

Leica Virgin by fiftyonepointsix, on Flickr

 

[cboy]

For every generation I wonder if anyone has calculate/factor appreciation vs inflation. I wonder what the M12 will cost. 🤔 I think in the future, much like everything when the high cost/scarcity for original will allow for competing lower cost rangefinder alternatives. Welcome to era of digital rangefinder clones...or Leica will saturate the market with 2nds and rerelease 'classics' lol

 

[Godfrey]

One question, Jason: I was under the impression that the dedicated sensor in the M10 Monochrom was designed first, and the color version was developed from it for the M10-R ... not the other way around. This would make sense since the release date of the M10 Monochrom was January 17, 2020 and the release date of the M10-R was July 20, 2020.

Regardless of lineage, the M10 Monochrom has become my favorite M, regardless of recording medium. It simply does the right thing for me, every time.

G

 

[wlewisiii]

A few years ago, I got an unexpected inheritance. With Sonnar Brian's advice, I went with the M 240 and have been delighted with it. I get twitchy about the age once in awhile but my only serious concern is the battery. But so far so good and the images themselves are fine for me.

And if it does go before me, a Nikon Z will be my next "Leica".

 

[RWPerry]

I have a question pertaining to all of the digital Leica's:

How much time transpires between turning the camera on and then having it be ready to shoot?

I like my film cameras because I can leave them cocked and ready to shoot immediately...there's no lag time waiting for the camera to wake up fully.

I have a Sony A7R that takes about 5 seconds to be ready to shoot after switching the camera on. The shutter button is not immediate either. Its quick but not as quick as the M4-P or the iiif that I use (or even the Minolta SRT 101's).There would be a lot of shots that I would miss if I used the Sony for "decisive moments". The alternative is to leave the camera on all of the time, but that drains the batteries. Also, battery life is challenged by the lower temperatures where I live.

So my question is, how fast are those digital Leica's?

 

[Ko.Fe.]

M10-D is basically an updated version of the MD-262 concept but based on the M10-P in terms of tech specs, overall appearance and its quiet shutter. Designed to replicate the handling, shooting, and esthetic experience of a classic analog Leica M, it has no LCD screen on the back (in its place is a discreet black dial with on-off and Wi-Fi function for uploading images to connected devices) and what looks like a vestigial film-wind lever but is really a nicely contoured thumb rest! It also retains a “hot shoe” that can be used for attaching optical viewfinders and (unlike the MD-262) lets you use a Visoflex EVF as well.

M-D (typ 262) or M-D. Just like M4-2, not M42.

D is for Das Wesentliche (the essentials).

LEICA M-D – the new digital Leica rangefinder without a monitor screen | Leica Camera AG

leica-camera.com

 

[Sonnar Brian]

I have a question pertaining to all of the digital Leica's:

How much time transpires between turning the camera on and then having it be ready to shoot?

I like my film cameras because I can leave them cocked and ready to shoot immediately...there's no lag time waiting for the camera to wake up fully.

I have a Sony A7R that takes about 5 seconds to be ready to shoot after switching the camera on. The shutter button is not immediate either. Its quick but not as quick as the M4-P or the iiif that I use (or even the Minolta SRT 101's).There would be a lot of shots that I would miss if I used the Sony for "decisive moments". The alternative is to leave the camera on all of the time, but that drains the batteries. Also, battery life is challenged by the lower temperatures where I live.

So my question is, how fast are those digital Leica's?

The M9, M Monochrom, and M8 are ready to be used in under 1 second. I use them with 8GByte and 16GByte 4x SD cards.
The M240 takes longer, and this depends on the speed of the card used. I'm using 64GByte and 32GByte 10x cards. Takes 3~4seconds.

 

[wlewisiii]

I have a question pertaining to all of the digital Leica's:

How much time transpires between turning the camera on and then having it be ready to shoot?

I like my film cameras because I can leave them cocked and ready to shoot immediately...there's no lag time waiting for the camera to wake up fully.

I have a Sony A7R that takes about 5 seconds to be ready to shoot after switching the camera on. The shutter button is not immediate either. Its quick but not as quick as the M4-P or the iiif that I use (or even the Minolta SRT 101's).There would be a lot of shots that I would miss if I used the Sony for "decisive moments". The alternative is to leave the camera on all of the time, but that drains the batteries. Also, battery life is challenged by the lower temperatures where I live.

So my question is, how fast are those digital Leica's?

It takes a moment. I've gotten into the habit of turning the power switch on when I go out the door. If I'm expecting to have shot - and as a landscape mostly person I tend to know in advance - I'll tap the shutter release to make sure it's "live" and then it will be ready for me.

The battery life is really quite good on the M 240 so that has never been a problem for me.

 

[Ko.Fe.]

I like my film cameras because I can leave them cocked and ready to shoot immediately...there's no lag time waiting for the camera to wake up fully.


So my question is, how fast are those digital Leica's?

No cocking with digital (except Epson one).

The cocking is replaced by turning switch power on and disabling auto power off.
This will eat battery.
With my M-E 220, I have sleeping mode enabled within one minute.
If camera is in M mode, here is no lag.
If it is in aperture priority, it take sometime to wake up and measure exposure.

But honestly, no digital camera is as fast to take exposure with confidence and predictable result as film M without useless electronics. Maybe I should use my digital M in M mode more often, I'm just lazy to do S16 with digital.

 

[Godfrey]

I have a question pertaining to all of the digital Leica's:

How much time transpires between turning the camera on and then having it be ready to shoot?

I like my film cameras because I can leave them cocked and ready to shoot immediately...there's no lag time waiting for the camera to wake up fully.

I have a Sony A7R that takes about 5 seconds to be ready to shoot after switching the camera on. The shutter button is not immediate either. Its quick but not as quick as the M4-P or the iiif that I use (or even the Minolta SRT 101's).There would be a lot of shots that I would miss if I used the Sony for "decisive moments". The alternative is to leave the camera on all of the time, but that drains the batteries. Also, battery life is challenged by the lower temperatures where I live.

So my question is, how fast are those digital Leica's?

Measurements with Leica M10 Monochrom, 128G SD card in it ...
- Power on to able to ready in Aperture priority or Manual exposure mode: 0.8 seconds
- Sleep mode, half press on shutter to ready in Aperture priority or Manual exposure mode: 0.5 seconds max
- Auto power saving off, half-press to ready in Aperture priority or Manual exposure mode: not measurable.

Essentially, if I turn off the auto power saving feature and leave the camera powered on, it's as fast as my M4-2 or M6TTL ... faster because the automatic shutter re-cock mechanism is faster than me winding a frame on the film cameras. Shutting the power off when I'm done with a series of shots will save battery life at the expensive of needing .8 seconds to re-power the camera occasionally.

G

 

[RWPerry]

Thank you everyone for answering my question. I measured the time with a stopwatch...my Sony is more around 2 seconds startup time from power switch on to ready. If it's in power save mode that's reduced to 1.5 seconds. From what I've read online, a memory card loaded with images can slow things down further.