As far as sharpness is concerned, a new Nocton is better than an old Summicron even in good shape but the difference is character. The Nocton is a modern lens with plenty of contrast. The Summicron as perhaps less contrast but a particular 3D bokey that helps to separate things in the composition and - according to me - this compense this difference in contrast.
In both cases, these lenses need a lens hood if you want contrast.