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Nikon 1 V2 vs Panasonic LF1

The Nikon 1 V2 and the Panasonic Lumix DMC-LF1 are two digital cameras that were officially introduced, respectively, in October 2012 and April 2013. The V2 is a mirrorless interchangeable lens camera, while the LF1 is a fixed lens compact. The cameras are based on an one-inch (V2) and a 1/1.7-inch (LF1) sensor. The Nikon has a resolution of 14.2 megapixels, whereas the Panasonic provides 12 MP.

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

Headline Specifications
Nikon 1 V2 versus Panasonic LF1
Nikon 1 V2 Panasonic LF1
Mirrorless system camera Fixed lens compact camera
Nikon 1 mount lenses 28-200mm f/2.0-5.9
14.2 MP, 1" Sensor 12 MP, 1/1.7" Sensor
1080/60p Video 1080/60i Video
ISO 160-12,800 ISO 80-6,400 (80 - 12,800)
Electronic viewfinder (1440k dots) Electronic viewfinder (200k dots)
3.0 LCD, 921k dots 3.0 LCD, 920k dots
Fixed screen (not touch-sensitive) Fixed screen (not touch-sensitive)
15 shutter flaps per second 10 shutter flaps per second
310 shots per battery charge250 shots per battery charge
109 x 82 x 46 mm, 278 g 103 x 62 x 28 mm, 192 g

Going beyond this snapshot of core features and characteristics, what are the differences between the Nikon 1 V2 and the Panasonic Lumix DMC-LF1? 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

An illustration of the physical size and weight of the Nikon 1 V2 and the Panasonic LF1 is provided in the side-by-side display below. 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 measures are rounded to the nearest millimeter.

The V2 can be obtained in two different colors (black, white), while the LF1 is only available in black.

Size Nikon 1 V2 vs Panasonic LF1
Compare V2 versus LF1 top
Comparison V2 or LF1 rear

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Panasonic LF1 is notably smaller (29 percent) than the Nikon 1 V2. In this context, it is worth noting that neither the V2 nor the LF1 are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the LF1 has a lens built in, whereas the V2 is an interchangeable lens camera that requires a separate lens. Attaching the latter will add extra weight and bulk to the setup.

The power pack in the LF1 can be charged via the USB port, which can be very convenient when travelling.

The following table provides a synthesis of the main physical specifications of the two cameras and other similar ones. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

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Body Specifications
  Camera
Model
Camera
Width
Camera
Height
Camera
Depth
Camera
Weight
Battery
Life
Weather
Sealing
Camera
Launch
Launch
Price (USD)
Street
Price
 
Nikon 1 V2 109 mm 82 mm 46 mm 278 g 310 n Oct 2012 799i
 
Panasonic LF1 103 mm 62 mm 28 mm 192 g 250 n Apr 2013 499 i
 
Canon G16 109 mm 76 mm 40 mm 356 g 360 n Aug 2013 549 i
 
Canon S120 100 mm 59 mm 29 mm 217 g 230 n Aug 2013 449i
 
Canon G1 X 117 mm 81 mm 65 mm 534 g 250 n Jan 2012 799i
 
Canon SX50 123 mm 87 mm 106 mm 595 g 315 n Sep 2012 429i
 
Fujifilm X-M1 117 mm 67 mm 39 mm 330 g 350 n Jun 2013 699i
 
Nikon 1 V3 111 mm 65 mm 33 mm 381 g 310 n Mar 2014 799i
 
Nikon 1 V1 113 mm 76 mm 44 mm 383 g 350 n Sep 2011 799i
 
Panasonic GF6 111 mm 65 mm 38 mm 323 g 340 n Apr 2013 499i
 
Panasonic FZ200 125 mm 87 mm 110 mm 588 g 540 n Jul 2012 599i
 
Panasonic GF5 108 mm 67 mm 37 mm 267 g 360 n Apr 2012 499i
 
Panasonic LX7 111 mm 68 mm 46 mm 298 g 330 n Jul 2012 499i
 
Panasonic G3 115 mm 84 mm 47 mm 336 g 270 n May 2011 599i
 
Panasonic GF3 108 mm 67 mm 32 mm 264 g 300 n Jun 2011 549i
 
Panasonic GX1 116 mm 68 mm 39 mm 318 g 320 n Nov 2011 699i
 
Ricoh GR 117 mm 61 mm 35 mm 245 g 290 n Apr 2013 799i
Notes: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.

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 LF1 was launched at a lower price than the V2, 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.

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Sensor comparison

The size of the sensor inside a digital camera is one of the key determinants 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. 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 associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Nikon 1 V2 features an one-inch sensor and the Panasonic LF1 a 1/1.7-inch sensor. The sensor area in the LF1 is 63 percent smaller. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 4.5. The sensor in the V2 has a native 3:2 aspect ratio, while the one in the LF1 offers a 4:3 aspect.

Nikon 1 V2 and Panasonic LF1 sensor measures

With 14.2MP, the V2 offers a higher resolution than the LF1 (12MP), but the V2 nevertheless has larger individual pixels (pixel pitch of 2.86μm versus 1.89μm for the LF1) due to its larger sensor. However, the LF1 is a somewhat more recent model (by 5 months) than the V2, and its sensor might have benefitted from technological advances during this time that enhance the light gathering capacity of its pixels.

The resolution advantage of the Nikon 1 V2 implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the V2 for good quality output (200 dots per inch) amounts to 23 x 15.4 inches or 58.5 x 39 cm, for very good quality (250 dpi) 18.4 x 12.3 inches or 46.8 x 31.2 cm, and for excellent quality (300 dpi) 15.4 x 10.2 inches or 39 x 26 cm. The corresponding values for the Panasonic LF1 are 20 x 15 inches or 50.8 x 38.1 cm for good quality, 16 x 12 inches or 40.6 x 30.5 cm for very good quality, and 13.3 x 10 inches or 33.9 x 25.4 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 Nikon 1 V2 has a native sensitivity range from ISO 160 to ISO 12800. The corresponding ISO settings for the Panasonic Lumix DMC-LF1 are ISO 80 to ISO 6400, with the possibility to increase the ISO range to 80-12800.

V2 versus LF1 MP

Since 2007, DXO Mark has published sensor performance measurements that have been derived using a consistent methodology. This service assesses and scores the color depth ("DXO Portrait"), dynamic range ("DXO Landscape"), and low-light sensitivity ("DXO Sports") of camera sensors, and also publishes an overall camera score. The Overall DXO ratings for the two cameras under consideration are close, suggesting that they provide similar imaging performance. The table below summarizes the physical sensor characteristics and sensor quality findings and compares them across a set of similar cameras.

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Sensor Characteristics
  Camera
Model
Sensor
Class
Resolution
(MP)
Horiz.
Pixels
Vert.
Pixels
Video
Format
DXO
Portrait
DXO
Landscape
DXO
Sports
DXO
Overall
 
Nikon 1 V2 1-inch 14.2 4608 30721080/60p20.210.840350
 
Panasonic LF1 1/1.7 12.0 4000 30001080/60i20.811.621152
 
Canon G16 1/1.7 12.0 4000 30001080/60p21.011.723054
 
Canon S120 1/1.7 12.0 4000 30001080/60p21.311.924656
 
Canon G1 X 1.5-inch 14.2 4352 32641080/24p21.710.864460
 
Canon SX50 1/2.3 12.0 4000 30001080/24p20.311.217947
 
Fujifilm X-M1 APS-C 16.0 4896 32641080/30p........
 
Nikon 1 V3 1-inch 18.2 5232 34881080/60p20.810.738452
 
Nikon 1 V1 1-inch 10.0 3872 25921080/60i21.31134654
 
Panasonic GF6 Four Thirds 15.8 4592 34481080/60i20.710.662254
 
Panasonic FZ200 1/2.3 12.0 4000 30001080/60p19.110.811437
 
Panasonic GF5 Four Thirds 12.0 4000 30001080/60i21.411.661861
 
Panasonic LX7 1/1.7 10.0 3648 27361080/60p20.711.714750
 
Panasonic G3 Four Thirds 15.8 4592 34481080/60i21.010.666756
 
Panasonic GF3 Four Thirds 12.0 4000 30001080/60i20.610.045849
 
Panasonic GX1 Four Thirds 15.8 4592 34481080/60p20.810.670355
 
Ricoh GR APS-C 16.1 4928 32641080/30p23.613.597278

Many modern cameras cannot only take still pictures, but also record videos. Both cameras under consideration have a sensor with sufficiently fast read-out times for moving pictures, but the V2 provides a higher frame rate than the LF1. It can shoot video footage at 1080/60p, while the Panasonic is limited to 1080/60i.

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Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. The two cameras under consideration are similar with respect to both having an electronic viewfinder. However, the one in the V2 offers a substantially higher resolution than the one in the LF1 (1440k vs 200k dots). The following table reports on some other key feature differences and similarities of the Nikon 1 V2, the Panasonic LF1, and comparable cameras.

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Core Features
  Camera
Model
Viewfinder
(Type or
000 dots)
Control
Panel
(yes/no)
LCD
Size
(inch)
LCD
Resolution
(000 dots)
LCD
Attach-
ment
Touch
Screen
(yes/no)
Mech
Shutter
Speed
Shutter
Flaps
(1/sec)
Built-in
Flash
(yes/no)
Built-in
Image
Stab
 
Nikon 1 V21440 n 3.0 921 fixed n 1/4000s 15.0 Y n
 
Panasonic LF1200 n 3.0 920 fixed n 1/4000s 10.0 Y Y
 
Canon G16optical n 3.0 922 fixed n 1/4000s 2.2 Y Y
 
Canon S120none n 3.0 922 fixed Y 1/2000s 12.1 Y Y
 
Canon G1 Xoptical n 3.0 922 Swivel n 1/4000s 1.9 Y Y
 
Canon SX50202 n 3.0 461 swivel n 1/2000s 2.2 Y Y
 
Fujifilm X-M1none n 3.0 920 tilting n 1/4000s 5.6 Y n
 
Nikon 1 V3optional n 3.0 1037 tilting Y 1/4000s 60.0 Y n
 
Nikon 1 V11440 n 3.0 921 fixed n 1/4000s 10.0 n n
 
Panasonic GF6none n 3.0 1040 tilting Y 1/4000s 4.2 Y n
 
Panasonic FZ2001312 n 3.0 460 swivel n 1/4000s 12.0 Y Y
 
Panasonic GF5none n 3.0 920 fixed Y 1/4000s 4.0 Y n
 
Panasonic LX7optional n 3.0 920 fixed n 1/4000s 11.0 Y Y
 
Panasonic G31440 n 3.0 460 swivel Y 1/4000s 4.0 Y n
 
Panasonic GF3none n 3.0 460 fixed Y 1/4000s 3.2 Y n
 
Panasonic GX1optional n 3.0 460 fixed Y 1/4000s 4.2 Y n
 
Ricoh GRoptional n 3.0 1230 fixed n 1/4000s 4.0 Y n

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 V2 and the LF1 write their files to SDXC cards. The V2 supports UHS-I cards (Ultra High Speed data transfer of up to 104 MB/s), while the LF1 cannot take advantage of Ultra High Speed SD cards.

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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 V2 and Panasonic Lumix DMC-LF1 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

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Input-Output Connections
  Camera
Model
Hotshoe
Port
Internal
Microphone
Internal
Speaker
Microphone
Port
Headphone
Port
HDMI
Port
USB
Port
WiFi
Support
NFC
Support
Bluetooth
Support
 
Nikon 1 V2-stereomono--mini2.0---
 
Panasonic LF1-stereomono--mini2.0YY-
 
Canon G16Ystereomono--mini2.0Y--
 
Canon S120-stereomono--mini2.0Y--
 
Canon G1 XYstereomono--mini2.0---
 
Canon SX50Ystereomono--mini2.0---
 
Fujifilm X-M1Ystereomono--mini2.0Y--
 
Nikon 1 V3-stereomonoY-mini2.0Y--
 
Nikon 1 V1-stereomono--mini2.0---
 
Panasonic GF6-stereomono--mini2.0YY-
 
Panasonic FZ200YstereomonoY-mini2.0---
 
Panasonic GF5-stereomono--mini2.0---
 
Panasonic LX7Ystereomono--mini2.0---
 
Panasonic G3Ystereomono--mini2.0---
 
Panasonic GF3-stereomono--mini2.0---
 
Panasonic GX1Ystereomono--mini2.0---
 
Ricoh GRYmonomono--micro2.0---

It is notable that the LF1 offers wifi support, which can be a very convenient means to transfer image data to an off-camera location. In contrast, the V2 does not provide wifi capability.

The LF1 is a recent model that features in the current product line-up of Panasonic. In contrast, the V2 has been discontinued (but can be found pre-owned on eBay). As a replacement in the same line of cameras, the V2 was succeeded by the Nikon 1 V3. Further information on the two cameras (e.g. user guides, manuals), as well as related accessories, can be found on the official Nikon and Panasonic websites.

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Review summary

So what is the bottom line? Is there a clear favorite between the Nikon 1 V2 and the Panasonic LF1? Which camera is better? A synthesis of the relative strong points of each of the models is listed below.

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Reasons to prefer the Nikon 1 V2:

  • More detail: Offers more megapixels (14.2 vs 12MP) with a 11% higher linear resolution.
  • Better low-light sensitivity: Requires less light for good images (0.9 stops ISO advantage).
  • Better video: Provides higher movie framerates (1080/60p versus 1080/60i).
  • Better live-view autofocus: Features on-sensor phase-detection for more confident autofocus.
  • More detailed viewfinder: Has higher resolution electronic viewfinder (1440k vs 200k dots).
  • Faster burst: Shoots at higher frequency (15 vs 10 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.
  • Longer lasting: Can take more shots (310 versus 250) on a single battery charge.
  • Faster buffer clearing: Has an SD card interface that supports the UHS-I standard.
  • More heavily discounted: Has been on the market for longer (launched in October 2012).

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Arguments in favor of the Panasonic Lumix DMC-LF1:

  • More dynamic range: Captures a broader range of light and dark details (0.8 EV of extra DR).
  • Ready to shoot: Has an integrated lens, whereas the V2 necessitates an extra lens.
  • More compact: Is smaller (103x62mm vs 109x82mm) and will fit more readily into a bag.
  • Less heavy: Has a lower weight even though it has a lens built in (unlike the V2).
  • Easier travel charging: Can be conveniently charged via its USB port.
  • Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
  • Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
  • Easier device pairing: Supports NFC for fast wireless image transfer over short distances.
  • More affordable: Was introduced at a lower price, despite coming with a built-in lens.
  • More modern: Was introduced somewhat (5 months) more recently.

If the count of individual advantages (bullet points above) is taken as a guide, the V2 emerges as the winner of the contest (12 : 10 points). However, the relative importance of the various individual camera aspects will vary according to personal preferences and needs, so that you might like to apply corresponding weights to the particular features before making a decision on a new camera. 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.

V2 12:10 LF1

How about other alternatives? Do the specifications of the Nikon 1 V2 and the Panasonic LF1 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera and Best Prime Lens Compact Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the specs-based evaluation of cameras can be instructive in revealing their potential as photographic tools, it remains incomplete and does no justice, for example, to the way the V2 or the LF1 perform in practice. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is where reviews by experts come in. The following table reports the overall ratings of the cameras as published by some of the major camera review sites (cameralabs, dpreview, ephotozine, imaging-resource, and photographyblog). 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.

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Review Scores
  Camera
Model
camera
  labs  
dp
review  
ephoto
  zine  
imaging
resource
photography
  blog  
Camera
Launch
Launch
Price (USD)
Street
Price
 
Nikon 1 V2....4.5/5..4/5 Oct 2012 799i
 
Panasonic LF1+..4/5..4.5/5 Apr 2013 499 i
 
Canon G16+..4.5/54.5/54.5/5 Aug 2013 549 i
 
Canon S120+ +..4.5/5o4.5/5 Aug 2013 449i
 
Canon G1 X+76/1004/54/54.5/5 Jan 2012 799i
 
Canon SX50+ +72/1004.5/5..4.5/5 Sep 2012 429i
 
Fujifilm X-M1+77/1004.5/5..4.5/5 Jun 2013 699i
 
Nikon 1 V3..76/1004.5/53/54/5 Mar 2014 799i
 
Nikon 1 V1+69/1004.5/54.5/54/5 Sep 2011 799i
 
Panasonic GF6+ +..4.5/5..4.5/5 Apr 2013 499i
 
Panasonic FZ200+ +80/1004.5/54.5/54.5/5 Jul 2012 599i
 
Panasonic GF5....4.5/54/54.5/5 Apr 2012 499i
 
Panasonic LX7+ +75/1004/55/54.5/5 Jul 2012 499i
 
Panasonic G3+ +75/1004.5/54.5/55/5 May 2011 599i
 
Panasonic GF382/10071/1004.5/54.5/54/5 Jun 2011 549i
 
Panasonic GX1+77/1004.5/54.5/54.5/5 Nov 2011 699i
 
Ricoh GR..79/1004.5/54.5/54.5/5 Apr 2013 799i
Notes: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

Care should be taken when interpreting the review scores above, though. The ratings are only valid when referring to cameras in the same category and of the same age. Hence, a score should always be seen in the context of the camera's market launch date and its price, and comparisons of ratings among very different cameras or across long time periods have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

Nikon 1 V2:
Check Ebay offers
Panasonic LF1:
Check Amazon price

Other camera comparisons

Did this review help to inform your camera decision process? In case you would like to check on the differences and similarities of other camera models, just make your choice using the following search menu. Alternatively, you can follow any of the listed hyperlinks for comparisons that others found interesting.

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    Specifications: Nikon 1 V2 vs Panasonic LF1

    Below is a side-by-side comparison of the specs of the two cameras to facilitate a quick review of their differences and common features.

    Camera Specifications
    Camera Model Nikon 1 V2 Panasonic LF1
    Camera Type Mirrorless system camera Fixed lens compact camera
    Camera Lens Nikon 1 mount lenses 28-200mm f/2.0-5.9
    Launch Date October 2012 April 2013
    Launch Price USD 799 USD 499
    Sensor Specs Nikon 1 V2 Panasonic LF1
    Sensor Technology CMOS CMOS
    Sensor Format 1" Sensor 1/1.7" Sensor
    Sensor Size 13.2 x 8.8 mm 7.6 x 5.7 mm
    Sensor Area 116.16 mm2 43.32 mm2
    Sensor Diagonal 15.9 mm 9.5 mm
    Crop Factor 2.7x 4.5x
    Sensor Resolution 14.2 Megapixels 12 Megapixels
    Image Resolution 4608 x 3072 pixels 4000 x 3000 pixels
    Pixel Pitch 2.86 μm 1.89 μm
    Pixel Density 12.19 MP/cm2 27.70 MP/cm2
    Moiré control Anti-Alias filter Anti-Alias filter
    Movie Capability 1080/60p Video 1080/60i Video
    ISO Setting 160 - 12,800 ISO 80 - 6,400 ISO
    ISO Boost no Enhancement 80 - 12,800 ISO
    Image Processor EXPEED 3 Venus
    DXO Sensor Quality (score) 50 52
    DXO Color Depth (bits) 20.2 20.8
    DXO Dynamic Range (EV) 10.8 11.6
    DXO Low Light (ISO) 403 211
    Screen Specs Nikon 1 V2 Panasonic LF1
    Viewfinder Type Electronic viewfinder Electronic viewfinder
    Viewfinder Field of View 100% 100%
    Viewfinder Magnification
    Viewfinder Resolution 1440k dots 200k dots
    LCD Framing Live View Live View
    Rear LCD Size 3.0inch 3.0inch
    LCD Resolution 921k dots 920k dots
    LCD Attachment Fixed screen Fixed screen
    Shooting Specs Nikon 1 V2 Panasonic LF1
    Focus System On-Sensor Phase-detect Contrast-detect AF
    Continuous Shooting 15 shutter flaps/s 10 shutter flaps/s
    Electronic Shutterup to 1/16000sno E-Shutter
    Time-Lapse PhotographyIntervalometer built-inno Intervalometer
    Fill Flash Build-in Flash Build-in Flash
    Storage Medium SDXC cards SDXC cards
    Second Storage Option Single card slot Single card slot
    UHS card support UHS-I no
    Connectivity Specs Nikon 1 V2 Panasonic LF1
    External Flash no Hotshoe no Hotshoe
    USB Connector USB 2.0 USB 2.0
    HDMI Port mini HDMI mini HDMI
    Wifi Support no Wifi Wifi built-in
    Near-Field Communication no NFC NFC built-in
    Body Specs Nikon 1 V2 Panasonic LF1
    Battery Type EN-EL21 DMW-BCN10
    Battery Life (CIPA)310 shots per charge250 shots per charge
    In-Camera Charging no USB charging USB charging
    Body Dimensions 109 x 82 x 46 mm
    (4.3 x 3.2 x 1.8 in)
    103 x 62 x 28 mm
    (4.1 x 2.4 x 1.1 in)
    Camera Weight 278 g (9.8 oz) 192 g (6.8 oz)

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