CameraWorth.com

Gamma III

The Gamma III is a 35mm rangefinder camera from the Italian maker Gamma, produced in Rome in the post-war era. It sat in the small-production European rangefinder segment, built in modest numbers and aimed at enthusiasts drawn to Leica-style bodies.

At UK auction, hammer prices for the Gamma III have ranged from about £450 to £700, on a very thin record of sales. Because results are drawn from wholesale saleroom data rather than dealer retail, today's collector should expect cosmetic condition and shutter function to swing value significantly, and complete, working examples tend to price at the upper end of what the model sells for.

Variants

Select a variant to filter the sales history below.

Variant Years Edition Sales Price Range
Aeronautica Militare — — 1 £1,116 – £1,116
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Sales History

Prices shown are UK auction hammer results — the wholesale level achieved in the saleroom. Neither buyer’s nor seller’s commission is included. Dealer and retail asking prices are typically higher.

Prices updated: November 2025

Date Price Source Variant
Nov 2025 EUR 1,000 🇦🇹 Leitz Auction —
Jun 2015 EUR 700 🇦🇹 Leitz Auction —
Nov 2013 EUR 700 🇦🇹 Leitz Auction —
Dec 2010 EUR 1,100 🇦🇹 Leitz Auction —
May 2006 EUR 1,100 🇦🇹 Leitz Auction —
Apr 2003 £446 🇬🇧 Christie's —
Sep 2001 £1,116 🇬🇧 Christie's Aeronautica Militare
Sep 2001 £528 🇬🇧 Christie's —
Sep 2001 £646 🇬🇧 Christie's —
Sep 2001 £763 🇬🇧 Christie's —

Frequently asked questions

What is a Gamma III worth today?

Recorded UK auction hammer results sit between roughly £450 and £700, so a clean, functional example is typically worth a price within that band in 2026.

How much does a Gamma III sell for at auction?

The two recorded hammer sales are £446 (2003) and £700 (2013), giving a midpoint near £570 before buyer's premium.

Why does the Gamma III value vary so much?

With very few recorded sales, price is driven heavily by shutter condition, cosmetic originality and whether a period lens is fitted, so individual examples can fall well outside the typical range.

Other Gamma cameras