The Ernemann Miniature Ernoflex is an early 20th-century German reflex camera produced by Ernemann of Dresden. It belongs to the compact single-lens reflex family the firm developed before its 1926 absorption into Zeiss Ikon, and was positioned as a high-end folding reflex for advanced amateurs.

At UK auction, hammer prices for the Miniature Ernoflex have ranged from roughly £450 to £660, with only two recorded results — a 2005 sale at £660 and a 2018 sale at £450 — so the market is thinly traded and any 2026 value estimate is condition-dependent. Because these are wholesale saleroom results, what a Miniature Ernoflex sells for at retail through a specialist dealer can be materially higher. Condition of the bellows, shutter and reflex mirror has the largest bearing on what an example is worth today.