If you think the latest digital camera offering is expensive, think again. That is why collectors have been gunning for Leica Cameras

There’s a new record for the world’s most expensive camera: a Leica 0-Series camera, which was a 1923 prototype for the groundbreaking Leica A, the first commercially successful 35mm compact camera sold at WestLicht Photographica auction in Vienna for €2.16 million (about $2.8 million).

It was one of just 25 models created, 12 of which are known to have survived. Bidding started at  $390,000, but in the course of 4 minutes offers reached $2.3 million The camera was bought by an anonymous bidder

The previous record was also held by a 0-Series Leica which fetched 1.32 million euros ($1.7 million) in 2007.

You can watch the bidding here:-