Nikon 1 V1 vs Panasonic LX5

The Nikon 1 V1 and the Panasonic Lumix DMC-LX5 are two digital cameras that were announced, respectively, in September 2011 and July 2010. The V1 is a mirrorless interchangeable lens camera, while the LX5 is a fixed lens compact. The cameras are based on an one-inch (V1) and a 1/1.7-inch (LX5) sensor. Both cameras offer a resolution of 10 megapixels.

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

Headline Specifications

Nikon 1 V1		Panasonic LX5
Mirrorless system camera		Fixed lens compact camera
Nikon 1 mount lenses		24-90mm f/2.0-3.3
10 MP – 1" sensor		10 MP – 1/1.7" sensor
1080/60i Video		720/60p Video
ISO 100-3,200 (100 - 6,400)		ISO 80-3,200 (80 - 12,800)
Electronic viewfinder (1440k dots)		Viewfinder optional
3.0" LCD – 921k dots		3.0" LCD – 460k dots
Fixed screen (not touch-sensitive)		Fixed screen (not touch-sensitive)
10 shutter flaps per second		2.5 shutter flaps per second
350 shots per battery charge		400 shots per battery charge
113 x 76 x 44 mm, 383 g		110 x 65 x 43 mm, 271 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Nikon 1 V1 and the Panasonic Lumix DMC-LX5? 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 side-by-side display below illustrates the physical size and weight of the Nikon 1 V1 and the Panasonic LX5. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All width, height and depth dimensions are rounded to the nearest millimeter.

The LX5 can be obtained in two different colors (black, white), while the V1 is only available in black.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic LX5 is notably smaller (17 percent) than the Nikon 1 V1. In this context, it is worth noting that neither the V1 nor the LX5 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the LX5 has a lens built in, whereas the V1 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup.

Concerning battery life, the V1 gets 350 shots out of its Nikon EN-EL15 battery, while the LX5 can take 400 images on a single charge of its Panasonic DMW-BCJ13 power pack.

The adjacent table lists the principal physical characteristics of the two cameras alongside a wider set of alternatives. 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.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	799	ebay.com
2.		Panasonic LX5	110 mm	65 mm	43 mm	271 g	400	n	Jul 2010	499	ebay.com
3.		Canon G15	107 mm	76 mm	40 mm	352 g	350	n	Sep 2012	499	ebay.com
4.		Fujifilm X10	117 mm	70 mm	57 mm	350 g	270	n	Sep 2011	599	ebay.com
5.		Nikon 1 J4	100 mm	60 mm	29 mm	232 g	300	n	Apr 2014	549	ebay.com
6.		Nikon 1 J5	98 mm	60 mm	32 mm	231 g	250	n	Apr 2015	399	ebay.com
7.		Nikon 1 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	799	ebay.com
8.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	799	ebay.com
9.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	799	ebay.com
10.		Olympus XZ-1	111 mm	65 mm	42 mm	275 g	320	n	Jan 2011	499	ebay.com
11.		Panasonic FZ150	124 mm	82 mm	92 mm	528 g	410	n	Aug 2011	499	ebay.com
12.		Panasonic G2	124 mm	84 mm	74 mm	428 g	360	n	Mar 2010	599	ebay.com
13.		Panasonic G10	124 mm	84 mm	74 mm	388 g	380	n	Mar 2010	499	ebay.com
14.		Panasonic GF3	108 mm	67 mm	32 mm	264 g	300	n	Jun 2011	549	ebay.com
15.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	699	ebay.com
16.		Panasonic LX7	111 mm	68 mm	46 mm	298 g	330	n	Jul 2012	499	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 listed launch prices provide an indication of the market segment that the manufacturer of the cameras have been targeting. The LX5 was launched at a lower price than the V1, despite having a lens built in. 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.

Sensor comparison

The size of the imaging sensor is a crucial determinant of image quality. A large sensor will tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units in a sensor of the same technological generation. Moreover, a large sensor camera will give the photographer more control over depth-of-field in the image and, thus, the ability to better isolate a subject from the background. On the downside, larger sensors tend to be more expensive and lead to bigger and heavier cameras and lenses.

Of the two cameras under consideration, the Nikon 1 V1 features an one-inch sensor and the Panasonic LX5 a 1/1.7-inch sensor. The sensor area in the LX5 is 60 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 4.4. The sensor in the V1 has a native 3:2 aspect ratio, while the one in the LX5 offers a 4:3 aspect. The LX5 has the particularity of featuring a switch that allows to toggle between multiple aspect ratios, while maintaining the same field of view and full image resolution.

Even though the V1 has a larger sensor, both cameras offer the same resolution of 10 megapixels. This implies that the V1 has a lower pixel density and larger individual pixels (with a pixel pitch of 3.41μm versus 2.14μm for the LX5), which gives it a potential advantage in terms of light gathering capacity. In addition, the V1 is a somewhat more recent model (by 1 year and 2 months) than the LX5, and its sensor might have benefitted from technological advances during this time.

The Nikon 1 V1 has a native sensitivity range from ISO 100 to ISO 3200, which can be extended to ISO 100-6400. The corresponding ISO settings for the Panasonic Lumix DMC-LX5 are ISO 80 to ISO 3200, with the possibility to increase the ISO range to 80-12800.

In terms of underlying technology, the V1 is build around a CMOS sensor, while the LX5 uses a CCD imager. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

For many cameras, data on sensor performance has been reported by DXO Mark. 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 V1 provides substantially higher image quality than the LX5, with an overall score that is 13 points higher. This advantage is based on 1.7 bits higher color depth, 0.2 EV in additional dynamic range, and 1.4 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.		Nikon 1 V1	1-inch	10.0	3872	2592	1080/60i	21.3	11.0	346	54
2.		Panasonic LX5	1/1.7	10.0	3648	2736	720/60p	19.6	10.8	132	41
3.		Canon G15	1/1.7	12.0	4000	3000	1080/24p	19.9	11.5	165	46
4.		Fujifilm X10	2/3	12.0	4000	3000	1080/30p	20.5	11.3	245	50
5.		Nikon 1 J4	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	426	53
6.		Nikon 1 J5	1-inch	20.7	5568	3712	4K/15p	21.1	12.0	479	65
7.		Nikon 1 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
8.		Nikon 1 V3	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	384	52
9.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
10.		Olympus XZ-1	1/1.7	10.1	3664	2752	720/30p	18.8	10.4	117	34
11.		Panasonic FZ150	1/2.3	12.0	4000	3000	1080/60p	19.4	10.9	132	40
12.		Panasonic G2	Four Thirds	12.0	4000	3000	720/30p	21.2	10.3	493	53
13.		Panasonic G10	Four Thirds	12.0	4000	3000	720/30p	21.2	10.1	411	52
14.		Panasonic GF3	Four Thirds	12.0	4000	3000	1080/60i	20.6	10.1	459	50
15.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
16.		Panasonic LX7	1/1.7	10.0	3648	2736	1080/60p	20.7	11.7	147	50

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 V1 provides a higher video resolution than the LX5. It can shoot video footage at 1080/60i, while the Panasonic is limited to 720/60p.

Feature comparison

Apart from body and sensor, cameras can and do differ across a variety of features. For example, the V1 has an electronic viewfinder (1440k dots), which can be very helpful when shooting in bright sunlight. In contrast, the LX5 relies on live view and the rear LCD for framing. That said, the LX5 can be equipped with an optional viewfinder – the DMW-LVF1. The adjacent table lists some of the other core features of the Nikon 1 V1 and Panasonic LX5 along with similar information for a selection of comparators.

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.		Nikon 1 V1	1440	n	3.0 / 921	fixed	n	1/4000s	10.0/s	n	n
2.		Panasonic LX5	optional	n	3.0 / 460	fixed	n	1/4000s	2.5/s	Y	Y
3.		Canon G15	optical	n	3.0 / 922	fixed	n	1/4000s	2.1/s	Y	Y
4.		Fujifilm X10	optical	n	2.8 / 460	fixed	n	1/4000s	10.0/s	Y	Y
5.		Nikon 1 J4	none	n	3.0 / 1037	Fixed	Y	1/4000s	60.0/s	Y	n
6.		Nikon 1 J5	none	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
7.		Nikon 1 V2	1440	n	3.0 / 921	fixed	n	1/4000s	15.0/s	Y	n
8.		Nikon 1 V3	optional	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
9.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
10.		Olympus XZ-1	optional	n	3.0 / 614	fixed	n	1/2000s	2.0/s	Y	Y
11.		Panasonic FZ150	202	n	3.0 / 460	swivel	n	1/2000s	12.0/s	Y	Y
12.		Panasonic G2	1440	n	3.0 / 460	swivel	Y	1/4000s	2.6/s	Y	n
13.		Panasonic G10	202	n	3.0 / 460	fixed	n	1/4000s	2.6/s	Y	n
14.		Panasonic GF3	none	n	3.0 / 460	fixed	Y	1/4000s	3.2/s	Y	n
15.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
16.		Panasonic LX7	optional	n	3.0 / 920	fixed	n	1/4000s	11.0/s	Y	Y
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 LX5 has one, while the V1 does not. While the built-in flash of the LX5 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 V1 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 V1 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 V1 and the LX5 write their files to SDXC cards. The V1 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the LX5 cannot take advantage of Ultra High Speed SD cards.

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 Nikon 1 V1 and Panasonic Lumix DMC-LX5 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.		Nikon 1 V1	-	stereo / mono	-	-	mini	2.0	-	-	-
2.		Panasonic LX5	Y	mono / mono	-	-	mini	2.0	-	-	-
3.		Canon G15	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Fujifilm X10	Y	stereo / mono	-	-	mini	2.0	-	-	-
5.		Nikon 1 J4	-	stereo / mono	-	-	mini	2.0	Y	-	-
6.		Nikon 1 J5	-	stereo / mono	-	-	micro	2.0	Y	Y	-
7.		Nikon 1 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
8.		Nikon 1 V3	-	stereo / mono	Y	-	mini	2.0	Y	-	-
9.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Olympus XZ-1	Y	mono / -	-	-	mini	2.0	-	-	-
11.		Panasonic FZ150	Y	stereo / -	-	-	mini	2.0	-	-	-
12.		Panasonic G2	Y	stereo / mono	-	-	mini	2.0	-	-	-
13.		Panasonic G10	Y	mono / -	-	-	mini	2.0	-	-	-
14.		Panasonic GF3	-	stereo / mono	-	-	mini	2.0	-	-	-
15.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-
16.		Panasonic LX7	Y	stereo / mono	-	-	mini	2.0	-	-	-

It is notable that the LX5 has a hotshoe, which makes it possible to easily attach optional accessories, such as an external flash gun. The V1 does not feature such an accessory-socket.

Both the V1 and the LX5 have been discontinued, but can regularly be found used on ebay. The LX5 was replaced by the Panasonic LX7, while the V1 was followed by the Nikon 1 V2. Further information on the features and operation of the V1 and LX5 can be found, respectively, in the Nikon 1 V1 Manual (free pdf) or the online Panasonic LX5 Manual.

Review summary

So how do things add up? Is there a clear favorite between the Nikon 1 V1 and the Panasonic LX5? Which camera is better? Below is a summary of the relative strengths of each of the two contestants.

Advantages of the Nikon 1 V1:

• Better image quality: Scores substantially higher (13 points) in the DXO overall assessment.
• Richer colors: Generates images with noticeably better colors (1.7 bits more color depth).
• Better low-light sensitivity: Requires less light for good images (1.4 stops ISO advantage).
• Better video: Provides higher definition movie capture (1080/60i vs 720/60p).
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• More detailed LCD: Has a higher resolution rear screen (921k vs 460k dots).
• Faster burst: Shoots at higher frequency (10 vs 2.5 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 flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
• More modern: Is somewhat more recent (announced 1 year and 2 months after the LX5).

Arguments in favor of the Panasonic Lumix DMC-LX5:

• Flexible image proportions: Has a multi-aspect sensor that allows for alternative image shapes.
• Ready to shoot: Has an integrated lens, whereas the V1 necessitates an extra lens.
• More compact: Is smaller (110x65mm vs 113x76mm) and will fit more readily into a bag.
• Less heavy: Has a lower weight even though it has a lens built in (unlike the V1).
• Longer lasting: Gets more shots (400 versus 350) out of a single battery charge.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• More affordable: Was introduced at a lower price, despite coming with a built-in lens.
• More heavily discounted: Has been on the market for longer (launched in July 2010).

If the number of relative strengths (bullet points above) is taken as a guide, the V1 emerges as the winner of the contest (12 : 10 points). However, the relevance of individual strengths will vary across photographers, so that you might want to apply your own weighing scheme to the summary points when reflecting and deciding on a new camera. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Nikon 1 V1 and the Panasonic LX5 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera and Best Travel-Zoom Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the comparison of the spec-sheets of cameras can offer a general idea of their imaging potential, it says little about, for example, the shooting experience and imaging performance of the V1 and the LX5 in practical situations. User reviews, such as those found at amazon, can sometimes inform about these issues, but such feedback is often incomplete, inconsistent, and biased.

Expert reviews

This is why hands-on reviews by experts are important. The following table reports the overall ratings of the cameras as published by some of the major 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.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	799	ebay.com
2.		Panasonic LX5	4/5	+	..	73/100	4.5/5	4.5/5	Jul 2010	499	ebay.com
3.		Canon G15	4/5	+	..	76/100	4.5/5	4.5/5	Sep 2012	499	ebay.com
4.		Fujifilm X10	..	..	..	76/100	4/5	4.5/5	Sep 2011	599	ebay.com
5.		Nikon 1 J4	3/5	..	..	..	4.5/5	4/5	Apr 2014	549	ebay.com
6.		Nikon 1 J5	..	..	..	..	4.5/5	4.5/5	Apr 2015	399	ebay.com
7.		Nikon 1 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	799	ebay.com
8.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	799	ebay.com
9.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	799	ebay.com
10.		Olympus XZ-1	4/5	..	..	74/100	4.5/5	4.5/5	Jan 2011	499	ebay.com
11.		Panasonic FZ150	3/5	+ +	..	76/100	4/5	4.5/5	Aug 2011	499	ebay.com
12.		Panasonic G2	..	..	..	72/100	4/5	4.5/5	Mar 2010	599	ebay.com
13.		Panasonic G10	3/5	..	..	70/100	4/5	4/5	Mar 2010	499	ebay.com
14.		Panasonic GF3	3/5	82/100	..	71/100	4.5/5	4/5	Jun 2011	549	ebay.com
15.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	699	ebay.com
16.		Panasonic LX7	3/5	+ +	..	75/100	4/5	4.5/5	Jul 2012	499	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The ratings are only valid when referring to cameras in the same category and of the same age. 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, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Other camera comparisons

Did this review help to inform your camera decision process? In case you are interested in seeing how other cameras pair up, just make a corresponding selection in the search boxes below. Alternatively, you can follow any of the listed hyperlinks for comparisons that others found interesting.

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