Earlier this month, the Leitz Photographica Auction previewed some of the 423 lots that were for sale over the weekend in Vienna, Austria, including a rare Leica M prototype auction organizers expected to sell for as much as 700,000 euros (about $735,000). Now that the auction has occurred, it turns out the estimate was far too low — the Leica M prototype sold for 2,040,000 euros ($2,143,509).
