The Leitz M7 Cut-Away is a display version of the Leica M7 35mm rangefinder, prepared by the factory with sectioned bodywork to expose the camera's internal mechanism. Cut-away examples were produced as dealer and trade-show pieces rather than as working photographic tools, which places them squarely in the collector category.

Hammer prices for M7 Cut-Away examples at UK auction have ranged from around £900 to £1,800, with the two recorded results sitting either side of a roughly £1,400 midpoint. Because these are saleroom results rather than retail asking prices, what a Cut-Away sells for today in 2026 is highly dependent on the cleanliness of the section work, the presence of the original display base, and whether the piece is offered with provenance from a Leica dealer or distributor.