Leica M Typ 240 vs Nikon 1 V2

The Leica M (Typ 240) and the Nikon 1 V2 are two digital cameras that were revealed to the public, respectively, in September 2012 and October 2012. The M Typ 240 is a rangefinder-focusing mirrorless, while the V2 is a mirrorless interchangeable lens camera. The cameras are based on a full frame (M Typ 240) and an one-inch (V2) sensor. The Leica has a resolution of 23.7 megapixels, whereas the Nikon provides 14.2 MP.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Leica M Typ 240		Nikon 1 V2
Rangefinder camera		Mirrorless system camera
Leica M mount lenses		Nikon 1 mount lenses
23.7 MP – Full Frame sensor		14.2 MP – 1" sensor
1080/25p Video		1080/60p Video
ISO 200-6,400		ISO 160-12,800
Optical viewfinder		Electronic viewfinder (1440k dots)
3.0" LCD – 920k dots		3.0" LCD – 921k dots
Fixed screen (not touch-sensitive)		Fixed screen (not touch-sensitive)
3 shutter flaps per second		15 shutter flaps per second
Weathersealed body		not weather sealed
500 shots per battery charge		310 shots per battery charge
139 x 80 x 42 mm, 680 g		109 x 82 x 46 mm, 278 g

Check M Typ 240 offers at
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Going beyond this snapshot of core features and characteristics, what are the differences between the Leica M (Typ 240) and the Nikon 1 V2? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

The physical size and weight of the Leica M Typ 240 and the Nikon 1 V2 are illustrated in the side-by-side display below. The two cameras are presented according to their relative size. Three consecutive perspectives from the front, the top, and the back are available. All width, height and depth dimensions are rounded to the nearest millimeter.

The M Typ 240 can be obtained in two different colors (black, silver), while the V2 is also available in two color-versions, but different ones (black, white).

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Nikon 1 V2 is notably smaller (20 percent) than the Leica M Typ 240. Moreover, the V2 is substantially lighter (59 percent) than the M Typ 240. It is worth mentioning in this context that the M Typ 240 is splash and dust resistant, while the V2 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. Hence, you might want to study and compare the specifications of available lenses in order to get the full picture of the size and weight of the two camera systems.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. In case you want to display and compare another camera duo, you can use the CAM-parator app to select your camera combination among a large number of options.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Sep 2012	6,950	ebay.com
2.		Nikon 1 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	799	ebay.com
3.		Canon 6D	145 mm	111 mm	71 mm	770 g	1090	Y	Sep 2012	2,099	ebay.com
4.		Canon 6D Mark II	144 mm	111 mm	75 mm	765 g	1200	Y	Jun 2017	1,999	amazon.com
5.		Fujifilm X-M1	117 mm	67 mm	39 mm	330 g	350	n	Jun 2013	699	ebay.com
6.		Leica M-E Typ 240	139 mm	80 mm	42 mm	680 g	500	Y	Jun 2019	3,999	ebay.com
7.		Leica M Typ 262	139 mm	80 mm	42 mm	680 g	400	Y	Nov 2015	5,195	ebay.com
8.		Leica M9	139 mm	80 mm	37 mm	585 g	550	n	Sep 2009	7,999	ebay.com
9.		Leica M10	139 mm	80 mm	39 mm	660 g	210	Y	Jan 2017	6,595	ebay.com
10.		Leica M10-P	139 mm	80 mm	39 mm	660 g	210	Y	Aug 2018	7,995	ebay.com
11.		Leica M10-R	139 mm	80 mm	39 mm	660 g	210	Y	Jul 2020	8,295	ebay.com
12.		Leica M11	139 mm	80 mm	39 mm	640 g	700	Y	Jan 2022	8,995	amazon.com
13.		Leica SL	147 mm	104 mm	39 mm	847 g	400	Y	Oct 2015	7,450	ebay.com
14.		Nikon 1 J4	100 mm	60 mm	29 mm	232 g	300	n	Apr 2014	549	ebay.com
15.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	799	ebay.com
16.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	799	ebay.com
17.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	699	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
Convert to Imperial

The price is, of course, an important factor in any camera decision. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The V2 was launched at a markedly lower price (by 89 percent) than the M Typ 240, which puts it into a different market segment. Usually, retail prices stay at first close to the launch price, but after several months, discounts become available. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down. Then, after the new model is out, very good deals can frequently be found on the pre-owned market.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. A large sensor will generally have larger individual pixels that offer better low-light sensitivity, provide wider dynamic range, and have richer color-depth than smaller pixels in a sensor of the same technological generation. Furthermore, a large sensor camera will give the photographer more possibilities to use shallow depth-of-field in order to isolate a subject from the background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Leica M Typ 240 features a full frame sensor and the Nikon 1 V2 an one-inch sensor. The sensor area in the V2 is 86 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 1.0 and 2.7. Both cameras have a native aspect ratio (sensor width to sensor height) of 3:2.

With 23.7MP, the M Typ 240 offers a higher resolution than the V2 (14.2MP), but the M Typ 240 nevertheless has larger individual pixels (pixel pitch of 6.01μm versus 2.86μm for the V2) due to its larger sensor. It is noteworthy in this context that the two cameras were released in close succession, so that their sensors are from the same technological generation.

The resolution advantage of the Leica M Typ 240 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the M Typ 240 for good quality output (200 dots per inch) amounts to 29.8 x 19.9 inches or 75.6 x 50.5 cm, for very good quality (250 dpi) 23.8 x 15.9 inches or 60.5 x 40.4 cm, and for excellent quality (300 dpi) 19.8 x 13.3 inches or 50.4 x 33.7 cm. The corresponding values for the Nikon 1 V2 are 23 x 15.4 inches or 58.5 x 39 cm for good quality, 18.4 x 12.3 inches or 46.8 x 31.2 cm for very good quality, and 15.4 x 10.2 inches or 39 x 26 cm for excellent quality prints.

The V2 has on-sensor phase detect pixels, which results in fast and reliable autofocus acquisition even during live view operation.

The Leica M (Typ 240) has a native sensitivity range from ISO 200 to ISO 6400, which can be extended to ISO 100-6400. The corresponding ISO settings for the Nikon 1 V2 are ISO 160 to ISO 12800 (no boost).

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service is based on lab testing and assigns an overall score to each camera sensor, as well as ratings for dynamic range ("DXO Landscape"), color depth ("DXO Portrait"), and low-light sensitivity ("DXO Sports"). Of the two cameras under review, the M Typ 240 provides substantially higher image quality than the V2, with an overall score that is 34 points higher. This advantage is based on 3.8 bits higher color depth, 2.5 EV in additional dynamic range, and 2.2 stops in additional low light sensitivity. The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Leica M Typ 240	Full Frame	23.7	5952	3976	1080/25p	24.0	13.3	1860	84
2.		Nikon 1 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
3.		Canon 6D	Full Frame	20.0	5472	3648	1080/30p	23.8	12.1	2340	82
4.		Canon 6D Mark II	Full Frame	26.0	6240	4160	1080/60p	24.4	11.9	2862	85
5.		Fujifilm X-M1	APS-C	16.0	4896	3264	1080/30p	23.4	12.6	1371	76
6.		Leica M-E Typ 240	Full Frame	23.7	5952	3976	1080/25p	25.2	14.2	2821	94
7.		Leica M Typ 262	Full Frame	23.7	5952	3976	none	24.8	13.7	2478	90
8.		Leica M9	Full Frame	18.1	5212	3472	none	22.5	11.7	884	69
9.		Leica M10	Full Frame	23.8	5952	3992	none	24.4	13.2	2133	86
10.		Leica M10-P	Full Frame	23.8	5952	3992	none	25.1	14.1	2739	93
11.		Leica M10-R	Full Frame	40.9	7864	5200	none	25.3	14.3	2924	95
12.		Leica M11	Full Frame	60.3	9528	6328	none	26.3	14.8	3376	100
13.		Leica SL	Full Frame	24.0	6000	4000	4K/30p	25.0	13.4	1821	88
14.		Nikon 1 J4	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	426	53
15.		Nikon 1 V1	1-inch	10.0	3872	2592	1080/60i	21.3	11.0	346	54
16.		Nikon 1 V3	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	384	52
17.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras are not only capable of taking still images, but also of capturing video footage. Both cameras under consideration are equipped with sensors that have a sufficiently high read-out speed for moving images, but the V2 provides a faster frame rate than the M Typ 240. It can shoot movie footage at 1080/60p, while the Leica is limited to 1080/25p.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the V2 has an electronic viewfinder (1440k dots), while the M Typ 240 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The following table reports on some other key feature differences and similarities of the Leica M Typ 240, the Nikon 1 V2, and comparable cameras.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Leica M Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
2.		Nikon 1 V2	1440	n	3.0 / 921	fixed	n	1/4000s	15.0/s	Y	n
3.		Canon 6D	optical	Y	3.0 / 1040	fixed	n	1/4000s	4.5/s	n	n
4.		Canon 6D Mark II	optical	Y	3.0 / 1040	swivel	Y	1/4000s	6.5/s	n	n
5.		Fujifilm X-M1	none	n	3.0 / 920	tilting	n	1/4000s	5.6/s	Y	n
6.		Leica M-E Typ 240	optical	n	3.0 / 920	fixed	n	1/4000s	3.0/s	n	n
7.		Leica M Typ 262	optical	n	3.0 / 921	fixed	n	1/4000s	3.0/s	n	n
8.		Leica M9	optical	n	2.5 / 230	fixed	n	1/4000s	2.0/s	n	n
9.		Leica M10	optical	n	3.0 / 1037	fixed	n	1/4000s	5.0/s	n	n
10.		Leica M10-P	optical	n	3.0 / 1037	fixed	Y	1/4000s	5.0/s	n	n
11.		Leica M10-R	optical	n	3.0 / 1037	fixed	Y	1/4000s	4.5/s	n	n
12.		Leica M11	optical	n	3.0 / 2333	fixed	Y	1/4000s	4.5/s	n	n
13.		Leica SL	4400	Y	3.0 / 1040	fixed	Y	1/8000s	11.0/s	n	n
14.		Nikon 1 J4	none	n	3.0 / 1037	Fixed	Y	1/4000s	60.0/s	Y	n
15.		Nikon 1 V1	1440	n	3.0 / 921	fixed	n	1/4000s	10.0/s	n	n
16.		Nikon 1 V3	optional	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
17.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One difference between the cameras concerns the presence of an on-board flash. The V2 has one, while the M Typ 240 does not. While the built-in flash of the V2 is not very powerful, it can at times be useful as a fill-in light.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the V2 is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Nikon 1 V2 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

Concerning the storage of imaging data, both the M Typ 240 and the V2 write their files to SDXC cards. Both cameras can use UHS-I cards, which provide for Ultra High Speed data transfer of up to 104 MB/s.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Leica M (Typ 240) and Nikon 1 V2 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Leica M Typ 240	Y	stereo / mono	-	-	-	2.0	-	-	-
2.		Nikon 1 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
3.		Canon 6D	Y	mono / mono	Y	-	mini	2.0	Y	-	-
4.		Canon 6D Mark II	Y	stereo / mono	Y	-	mini	2.0	Y	Y	Y
5.		Fujifilm X-M1	Y	stereo / mono	-	-	mini	2.0	Y	-	-
6.		Leica M-E Typ 240	Y	mono / -	-	-	-	2.0	-	-	-
7.		Leica M Typ 262	Y	- / -	-	-	-	2.0	-	-	-
8.		Leica M9	Y	- / -	-	-	-	2.0	-	-	-
9.		Leica M10	Y	- / -	-	-	-	-	Y	-	-
10.		Leica M10-P	Y	- / -	-	-	-	-	Y	-	-
11.		Leica M10-R	Y	- / -	-	-	-	-	Y	-	-
12.		Leica M11	Y	- / -	-	-	-	3.2	Y	-	Y
13.		Leica SL	Y	stereo / mono	Y	Y	full	3.0	Y	-	-
14.		Nikon 1 J4	-	stereo / mono	-	-	mini	2.0	Y	-	-
15.		Nikon 1 V1	-	stereo / mono	-	-	mini	2.0	-	-	-
16.		Nikon 1 V3	-	stereo / mono	Y	-	mini	2.0	Y	-	-
17.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-

It is notable that the M Typ 240 has a hotshoe, while the V2 does not. This socket makes it possible to easily attach optional accessories, such as an external flash gun.

Both the M Typ 240 and the V2 have been discontinued, but can regularly be found used on ebay. The M Typ 240 was replaced by the Leica M Typ 262, while the V2 was followed by the Nikon 1 V3. Further information on the features and operation of the M Typ 240 and V2 can be found, respectively, in the Leica M Typ 240 Manual (free pdf) or the online Nikon 1 V2 Manual.

Review summary

So how do things add up? Which of the two cameras – the Leica M Typ 240 or the Nikon 1 V2 – has the upper hand? Is one clearly better than the other? A synthesis of the relative strong points of each of the models is listed below.

Arguments in favor of the Leica M (Typ 240):

• More detail: Offers more megapixels (23.7 vs 14.2MP) with a 29% higher linear resolution.
• Better image quality: Scores substantially higher (34 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (3.8 bits more color depth).
• More dynamic range: Captures a larger spectrum of light and dark details (2.5 EV of extra DR).
• Better low-light sensitivity: Requires less light for good images (2.2 stops ISO advantage).
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Longer lasting: Can take more shots (500 versus 310) on a single battery charge.
• Better sealing: Is weather sealed to enable shooting in dusty or wet environments.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• More prestigious: Has the Leica luxury appeal, which ensures a high resale price.

Reasons to prefer the Nikon 1 V2:

• Better video: Provides higher movie framerates (1080/60p versus 1080/25p).
• Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Faster burst: Shoots at higher frequency (15 vs 3 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• More compact: Is smaller (109x82mm vs 139x80mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight (by 402g or 59 percent) and is thus easier to take along.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• More affordable: Was introduced into a lower priced category (89 percent cheaper at launch).

If the count of individual advantages (bullet points above) is taken as a guide, the match-up finishes in a tie (10 points each). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wedding photographer will view the differences between cameras in a way that diverges from the perspective of a travel photog, and a person interested in cityscapes has distinct needs from a macro shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the M Typ 240 or the V2. At times, user reviews, such as those published at amazon, address these issues in a useful manner, but such feedback is on many occasions incomplete, inconsistent, and unreliable.

Expert reviews

This is where reviews by experts come in. The adjacent summary-table relays the overall verdicts of several of the most popular camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price (USD)	Street Price
1.		Leica M Typ 240	4/5	..	..	..	4/5	..	Sep 2012	6,950	ebay.com
2.		Nikon 1 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	799	ebay.com
3.		Canon 6D	5/5	+ +	..	83/100	4.5/5	4.5/5	Sep 2012	2,099	ebay.com
4.		Canon 6D Mark II	4/5	+	4/5	80/100	4.5/5	4/5	Jun 2017	1,999	amazon.com
5.		Fujifilm X-M1	3/5	+	..	77/100	4.5/5	4.5/5	Jun 2013	699	ebay.com
6.		Leica M-E Typ 240	..	..	..	..	..	..	Jun 2019	3,999	ebay.com
7.		Leica M Typ 262	..	..	..	..	..	..	Nov 2015	5,195	ebay.com
8.		Leica M9	..	..	..	..	4.5/5	..	Sep 2009	7,999	ebay.com
9.		Leica M10	4.5/5	..	..	..	4/5	4.5/5	Jan 2017	6,595	ebay.com
10.		Leica M10-P	..	..	3/5	..	..	4/5	Aug 2018	7,995	ebay.com
11.		Leica M10-R	4.5/5	..	4/5	..	..	4/5	Jul 2020	8,295	ebay.com
12.		Leica M11	4.5/5	..	4.5/5	..	4.5/5	4.5/5	Jan 2022	8,995	amazon.com
13.		Leica SL	4/5	..	4/5	84/100	4.5/5	4/5	Oct 2015	7,450	ebay.com
14.		Nikon 1 J4	3/5	..	..	..	4.5/5	4/5	Apr 2014	549	ebay.com
15.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	799	ebay.com
16.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	799	ebay.com
17.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	699	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Thus, a score needs to be put into the context of the launch date and the launch price of the camera, and rating-comparisons among cameras that span long time periods or concern very differently equipped models make little sense. Also, please note that some of the review sites have changed their methodology and reporting over time.

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Other camera comparisons

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