How Much Is a Used Leica Summilux-M 35mm Worth? (2026 Price Guide)

The FLE (2010 onward) is the safer everyday choice: its floating element greatly reduces the focus shift that the earlier single element ASPH (pre-FLE) shows, and it has a better screw on metal hood. The pre-FLE has noticeable focus shift in the f/2.8 to f/4 range that can frustrate critical work, though some shooters prefer its rendering and firmer aperture ring. If you buy a pre-FLE, test it or buy from a seller who understands Leica calibration.

The Double Aspherical, made only from 1990 to 1994 in roughly one to two thousand examples with hand ground aspherical elements, is one of the most collectible M lenses and trades at extreme prices. Optically the modern FLE matches or beats it for practical sharpness, so the AA is a collector and investment piece rather than a value performer. For shooting, the current ASPH versions deliver more consistent results for far less money.

On the pre-FLE ASPH, confirm rangefinder accuracy and be aware of focus shift when stopping down. On vintage Steel Rim and pre-ASPH copies inspect for internal haze, element separation, and coating marks, and work the aperture for oil. On the FLE, check that the aperture ring is not so loose that it drifts off your chosen f-stop, and on any version make sure the focus turns smoothly and the hood extends or threads on properly.

Yes. Every M-mount 35 Summilux mounts and functions on the digital M bodies; the aperture and focus are mechanical. Copies without 6-bit coding cannot be auto identified, so EXIF lens data is blank and lens corrections are skipped, but you can set the lens manually in the body's lens menu or have a service center add coding. The current FLE and FLE II ship 6-bit coded from the factory.