A Leica M4 Olive sold for £71,861 (87,500 euros) at the WestLicht Photographica auction in Venna, Austria.
Westlicht's auction, on May 23, 2009, raised a total of about £965,530 (more than one million euros).
The original olive M4 made for the German army, went for more than double the high estimate.
It wasn't the only classic to beat the credit crunch. A Leica M3, presumed to be one of the earliest ever built raised a staggering 72,000 euros.

An almost mint Nikon I went for 27,000 euros and a black painted Nikon S2 cost its new owner 8,400 euros.

WestLicht link