Archived posting to the Leica Users Group, 2003/01/30

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Subject: Re: [Leica] "The 50-Year Summicron" Leica commemorative Summicron-M 50mm f/2
From: Bill Satterfield <cwsat@istate.net>
Date: Thu, 30 Jan 2003 09:42:50 -0600
References: <000b01c2c871$24194250$0316fea9@ccasony01>

BD, should we start  stocking up now to beat the rush?  :-P

bdcolen wrote:

>Just like the Elvis "commemorative" plates, and the 9/11 folding knives.
>I'm sure there are exceptions to the "rule," but it is generally safe to
>say that those things are collectible - that is they will increase in
>value - that are not originally produced as "collectibles." Very low
>serial number Ms, LTMs, etc., are truly collectible - they are rare, and
>they are "real." Elvis's plates are collectible - Elvis plates are a rip
>off of the simple minded.
>
>No, I'm not suggesting that Leica collectors are simple minded - the
>fact that so many of these "special editions" are not selling out
>indicates that. :-)
>
>As to this crap keeping Leica afloat - I would suggest that what has
>kept Leica afloat is the market for the M camera and lenses, not the
>handful of special editions sold, or, for that matter, the R line, which
>has taken losses for several years at least. When M sales start to
>decrease, you will read the announcement that Leica has been sold or has
>folded.
>
>B. D.
>-----Original Message-----
>From: owner-leica-users@mejac.palo-alto.ca.us
>[mailto:owner-leica-users@mejac.palo-alto.ca.us] On Behalf Of John
>Collier
>Sent: Thursday, January 30, 2003 9:44 AM
>To: leica-users@mejac.palo-alto.ca.us
>Subject: Re: [Leica] "The 50-Year Summicron" Leica commemorative
>Summicron-M 50mm f/2
>
>
>If you do a google search, you will discover that they have not yet 
>managed to sell all the LHSA cameras and Leica has a $500US rebate on 
>them in order to get rid of the last stocks. Perhaps the LHSA cameras 
>will increase in value over time but they have not done so yet and you 
>could easily argue that they have actually decreased in value $500.
>
>I am grateful to the collectors that buy this drivel as otherwise Leica 
>would be in receivership. However, as far as I can see, seldom does any 
>of the "collector" stuff sell for more than its initial retail price. 
>Usually it sells for less (often much less) and that includes the much 
>coveted M6J.
>
>John Collier
>
>On Thursday, January 30, 2003, at 07:17 AM, Bill Satterfield wrote:
>
>>This should appeal to all those who bought the LHSA black paint M6.
>>Will surely be another collector's item that will only increase in 
>>value over the coming years. Just like the LHSA has.
>>
>>Martin Howard wrote:
>>
>>>Kit McChesney wrote on behalf of Leica USA:
>>>
>>>>"I am very pleased to announce the introduction of the M 50mm f/2.0
>>>>50 Year
>>>>Summicron. [...] The anniversary version of the LEICA SUMMICRON-M 
>>>>50mm f/2.0 comes in an
>>>>exclusive box with an embossed print of the technical detail of the 
>>>>lens and
>>>>is supplied with a clip-on type metal hood in the classic design, a
>>>>protection against stray light as well as possible mechanical 
>>>>damage. The
>>>>lens is delivered with a metal lens cap with an embossing of the 
>>>>Leica logo;
>>>>also included is a plastic lens cap as well, also embossed with the 
>>>>Leica
>>>>logo."
>>>>
>>>
>>>
>>>Whoopie.  Another meaningless collectors item from Leica.
>>>
>>>M. (who's looking forward to whatever Cosina might present at the 
>>>PMA)
>>>
>
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In reply to: Message from "bdcolen" <bdcolen@earthlink.net> (RE: [Leica] "The 50-Year Summicron" Leica commemorative Summicron-M 50mm f/2)