NOCT

[wuyeah]

Hello Everyone.

 

I just want to make sure if I hv a bad memeory or I forget how expansive M Noct actually is.

 

Did B&H photo video raised the price tag of Leica M NOCT to near 6K or it always

has been near 6K?

[douglas lee]

I think the prices of all Leica lenses have increased dramatically. I have been away from Leica

for awhile until yesterday. I picked up a Leicas outfit on trade and ended up with 2 used

lenses instead of the new ones I would have preferred due to the high prices. (I didn't do my

research!)

[andrew robertson]

Holy COW that's a price hike.

[alvin_hear]

Used Nocts sell for about $ 3000...see <a href="http://members.aol.com/dcolucci/a.htm">Leica M lens price guide...</a>

[ron_breeze2]

Leica raised prices in July on lenses and bodies will go up in November.

[john_shriver]

Also, the dollar is falling like a brick against almost all other currencies. Notice that the Canadian dollar is now more valuable than the US Dollar, the UK Pound is over two dollars, etc...

[john_r._fulton_jr.]

Good lord. I just checked B&H. US$5,495 for the Noctilux. That does seem a tad pricey.

(Considering that earlier this year you could pick up a used one for under $2,000.)

[chuck_albertson1]

The price went up in June, but it was a Zen exercise--you can't find them new, at any price, at the moment.

[jtk]

The dollar's been sitting relatively stable, having arrived at about this level months ago.

 

Today it bounced up due to sales of US Treasuries, which produced higher interest rates (which strengthens the dollar).

 

For the USD to fall further, US long bond interest rates would have to drop. That would happen if the market broadly. as well as the Federal Reserve Board, decided we were in a recession. If instead the US long bond rates rise (due to a perception of inflation rather than recession) the dollar will strengthen and Leicas as well as oil will get cheaper.

 

There's little causal relationship between USD and much other than interest rates, with the exception of warfare and political confidence. As we're already at war and political confidence presumably can't get lower, the dollar may stay stable or strengthen from here...if Bush somehow becomes more popular while staying rigid (less popular seems unlikely) the dollar will strengthen.

 

In the event of more serious warfare, USD will strengthen as USD is seen as a haven due to our relative political stability Vs that of Europe and Asia.

 

I think that if Bush started to become flexible the USD would weaken...but does that seem likely?

 

USD is today about $1.06 Canadian, Eu 0.73

 

http://finance.yahoo.com/currency

[funkag]

Don't forget - the weak dollar has been good for both the export market and the tourism industry. I think the fed is of the mind that most of what is coming from Europe is primarily for the luxury market, while what is coming from East Asia (where the yuan and the yen are (artificially) weak right now) supply the more mainstream consumer market.

[jtk]

The Chinese drive this bus now and they're not letting their goods become more expensive in their embassy's outlet store chain, that being Walmart. In other words, they're not going to let the yuan float free anytime soon, despite Bush's feeble pleading...there's no way it would help them.

 

As for European luxury goods... Leica and what else? German cars are made in Tenn and aren't equal to Toyota, also American. Nobody I know bothers much with Euro wines, surprisingly inexpensive despite the dollar's drop. California's still the game. Eurotrash disco outfits? Thank goodness for expensive Euro cheese.

[raymond_tai]

The Chinese are holding tons of dollars in their reserves so it is not in their best interests for the dollar to fall or the Yuan to rise against the dollar. They would have to sell off a lot of dollars first to minimize their losses if they were to float the Yuan but then the sell off could spark further drops in the dollar.

[essemmlee]

I've got one for sale if somebody wants one - $3200 - immaculate condition.

[kelly_flanigan1]

I got one used in the late 1970's for 400; it was easier to move around than a used ford Pinto worth 400.

[charles_mason]

I too have a type one in beautiful condition, just DAG-ed a few months ago, with hood and caps I'd be willing to part with. Might even throw in a B&W ND so you can shoot at f/1 in sunlight. Email me at c <dot> mason <at> uaf <dot> edu if interested. I'll make it a good price...

[ruben_osuna_guerrero]

Steve, is it a last version Noctilux?

[ting_zhao]

hey steve, I really interested in your noct.

Drop me an email if you still want to sell!

bestting@gmail.com