The Leica M4-2 is a 35mm rangefinder camera produced by Leitz Canada. In total, around 15,000 cameras were produced between 1978 and 1980 in Midland, Ontario. Almost all M4-2 cameras are black chrome; silver examples are exceedingly rare. A small run of gold-plated cameras was produced in 1980.
The M4-2 is one of the more controversial camera models in the Leica constellation. In 1971, Leica introduced the M5, its first model with built-in exposure metering. Market response to the expensive M5 was tepid, and Leitz continued to manufacture the M4 until 1975. In 1977, Leitz Canada began production of the M4-2, which is essentially an M4 modified in order to make it more economical to produce. The M4-2 is typified by:
A stamped, rather than engraved, top plate, now reading "Leitz" instead of "Leica"
A new, plastic "Vulcanite" covering material
"Leica" and "M4-2" stamped on the front of the camera
A hot shoe, rather than the cold shoe of the M2 / M3 / M4
No self timer
A slightly simplified rangefinder assembly
Compatibility with the M4-2 motor drive
In addition to these changes, many sources mark the M4-2 as the first model exhibiting Leica's new "right or replace" construction philosophy. Instead of hand-fitting and adjusting individual parts for perfect fit as Leica had done in the construction and service of the M2/3/4, parts would be made to a certain standard and completely replaced when out of tolerance. While this reduced production and service costs, it also introduced the perception that the M4-2 was a cheapened product representing the fall from Leica's golden era.
In 1981, Leica introduced the M4-P, which is an M4-2 with added 28mm and 75mm framelines. In 1984, the M6 was released, itself an M4-P with the addition of a TTL meter. Therefore, the M6 is essentially an M4-2 with the addition of a light meter and two sets of framelines.
Today, the M4-2 is a wonderful Leica to own and make photographs with. The impression that the M4-2 was a cheapened version of the "classic" Leica models persists 40 years later, despite the fact that the M6 is a very similar camera produced with the same construction methods. For this reason, M4-2 bodies can often be found for sale at considerably lower prices than the M2/3/4/6. A well-conditioned M4-2 can be just as smooth and crisp in its function as these other models -- individual sample condition often matters more than model type. If you are interested in an M6 but do not need 28 /75mm framelines or a light meter, the M4-2 is an excellent choice.
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Light Lens Lab 50mm f2 Cooke Speed Panchro Replica on a Leica M4-2
The Light Lens Lab 50mm f2 Cooke Speed Panchro Replica recreates a legendary cinema lens from the early 1900s in Leica M mount. The original Cooke Speed Panchro lenses are known for a "Cooke Look:" warm color tone and gentle barrel distortion / vignetting combined with smooth focus transitions. Available in a range of different focal lengths, the Cooke Speed Panchro lenses established themselves as some of the premier optics for cinema work, especially for portraiture. Speed Panchro lenses are often found today as full sets re-housed in modern cinema barrels.
Still photographers also appreciated the character of the Speed Panchro lenses, and original conversions to Leica M mount can be found -- for many thousands of dollars. As in the case of their other re-creations, Light Lens Lab's 50mm f2 Cooke Speed Panchro Replica seeks to bring the unique imaging qualities of this rare lens to a much wider audience. While the copy we tested was an early prototype, we were impressed with its distinct character. This is not a lens for every subject, but the glowing band of highlight flare that rings the center of the image presents unique creative opportunities. We look forward to Light Lens Lab's announcement of production copies of this lens.