Late version Elmar 50mm f2.8, with dual distance scale in feet and meters on the helicoid. Leitz product code 11112. Serial number in the 2.32 million range, produced in 1969 during the Leica M4 era. E39 filter thread.
Despite its classic 3-group 4-element construction, the adoption of new glass types allowed the maximum aperture to be increased from f3.5 to f2.8. Compatible lens hoods include ITOOY, IROOA, ITDOO, and 12585.

Its modern design is hard to believe for a lens made nearly 60 years ago. The refined form and excellent functionality make it a natural match even on current Leica digital cameras.

The Elmar f2.8 is known for its slightly soft and gentle rendering near full aperture, while stopping down delivers crisp, sharp results. Many examples of the so-called Ni-pachi Elmar suffer from haze embedded in the new glass that is extremely difficult to remove, but the glass of this lens is exceptionally clear and clean. Although production numbers were high, examples with glass in this condition are rarely encountered.

Only very slight wear is visible around the base of the barrel and the collapsible section, and the lens still retains much of its original, near-new appearance. A matching serial-numbered original box is included, making this an excellent example for collectors as well.
A full overhaul was carried out in December 2025. The aperture and helicoid now operate very smoothly, and rangefinder coupling is spot on.

A tiny amount of fine dust can be seen in the middle element, but there is no haze typical of the Elmar f2.8, and the glass is impressively clear. No noticeable cleaning marks are present, and the original coating remains well preserved. You can expect this lens to deliver its intended optical performance.

The set includes the matching serial-numbered original box, plastic case, and original front cap.