Why are manual exposure cameras worth more than automatics ? (Intro)


The facts


Let’s take three lines of manual focus cameras which still have a very active second hand market today: the Leica R series, the Nikons FM & FE and their derivatives, and the Olympus OM-1 & OM-2 and their “single digit” descendants. Each line contains automatic exposure cameras (Leica R4, R5, R7; Nikon FE, FE2, FA; Olympus OM-2, OM2s, OM4, OM4t), and manual exposure cameras (Leica R6, R6.2; Nikon FM and FM2; Olympus OM-1 and OM-3).


For a given generation of camera, manual exposure models are almost always worth more than their automatic exposure siblings.


Average retail price of a camera in Excellent Condition (source: a reputable specialist of used photographic equipment)

Brand Manual Camera Auto exposure Camera
Leica R6.2: $ 999 R7: $ 550
Nikon FM: $ 190 FE: $ 170
Nikon FM2: $ 245 FE2: $ 199
Olympus OM-1: $ 150 OM-2: $ 190
Olympus OM-3: much more than $500 * OM-4: $ 235
Olympus OM-3T: much more than $1,000 * OM-4T or TI: $ 450


More after the jump