The M Film Era · 1954–2006

Leica M4

Notable
CameraLeica M mountMade in Germany · Canada1967–197510400
Leica M4
Wikimedia Commons / ElioAngelo / CC BY-SA 4.0
The M4 is widely considered the zenith of Wetzlar-era M craftsmanship. Its rapid-load spool and angled rewind crank became permanent M features, and its build quality is the benchmark collectors reach for when discussing what a Leica should feel like.

Famous for

  • The first M with an integrated film advance crank and angled rewind knob — widely considered the most ergonomic M ever made
  • Garry Winogrand shot New York street photography on an M4

The Leica M4, produced from 1967 to 1975 in Wetzlar, Germany, is often cited by collectors as the finest-made M body in the company's history. It introduced two practical improvements that all later Ms inherited: a rapid-load film take-up spool (no more threading the film leader through multiple slots) and an angled rewind crank in place of the M3/M2's knob. It also added a fourth set of framelines — 35mm joined the existing 50, 90, and 135 — giving it coverage for all the focal lengths a rangefinder photographer would commonly use.

The M4 was the last M body made entirely in Wetzlar before production complexity and economic pressures led to changes. Photographers who handle both a Wetzlar M4 and a later body often comment on a certain tactile authority in the M4 — fit, finish, and the feel of the controls. Whether this is measurable or partly mythological is debated, but the M4's reputation for build quality is consistent across decades of collector opinion. It is a camera that rewards use.

Key specs

type
35mm rangefinder
finder magnification
0.72x
framelines
35/50/90/135mm
shutter
cloth focal-plane, 1s–1/1000 + B
loading
rapid-load spool
production
≈58,000 units (1967–1975)

Variants & finishes

Silver chrome10400

The standard production finish for the M4 — bright chrome over brass. Hardwearing and the most plentiful M4 on the used market.

Market value

Used-market price (USD, estimated median)

Estimates from auction and dealer records — condition and completeness vary.

View data
DatePriceSourceCondition
2016-01$700curated-estimateuser
2017-01$750curated-estimateuser
2018-01$800curated-estimateuser
2019-01$900curated-estimateuser
2020-01$1,050curated-estimateuser
2021-01$1,350curated-estimateuser
2022-01$1,600curated-estimateuser
2023-01$1,750curated-estimateuser
2024-01$1,800curated-estimateuser
2025-01$1,850curated-estimateuser
2026-01$1,850curated-estimateuser

Source: https://en.wikipedia.org/wiki/Leica_M4

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