I was out antiquing last weekend and scored a mean deal on a Leica III. The serial number dates it to '39 and it was found in fairly poor shape. The seller was not asking a whole lot to begin with and a bit of haggling got him down to $130 which seemed fair. What I liked about the camera was that it seemed fairly original and had all the parts despite heavy wear. The main issues I was able to deduce on the spot were: sticky slow speeds (no surprise there) stiff aperture adjustment shutter speed dial incorrectly alined sticky shutter curtain dirty lens I knew most of these could be tended to fairly simply and a bit of naphtha would do the trick on the stickiness to I dove in and bought it. Got it home for some cleanup and was able to free up the aperture ring almost immediately. The main shutter mechanism cleaned up nicely and the faster shutter speeds seem to be in order. I will need to tear it down to get to the slow speed assembly which is a job for another day. The screw on shutter speed dial was a quick adjustment and the lens just needed a drop of cleanup. The curtain adjustment screws helped get that sorted pretty nicely as well. There is still some light interior lens glue cracking but only a test roll will show if that really matters. Some pics to check out (this is how I found the camera): it still needs some more work but the first order of business is running a roll through it to see how it preforms.