Nikon 1 V2 vs Ricoh GR III

The Nikon 1 V2 and the Ricoh GR III are two digital cameras that were officially introduced, respectively, in October 2012 and February 2019. The V2 is a mirrorless interchangeable lens camera, while the GR III is a fixed lens compact. The cameras are based on an one-inch (V2) and an APS-C (GR III) sensor. The Nikon has a resolution of 14.2 megapixels, whereas the Ricoh provides 24 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		Ricoh GR III
Mirrorless system camera		Fixed lens compact camera
Nikon 1 mount lenses		28mm f/2.8
14.2 MP – 1" sensor		24 MP – APS-C sensor
1080/60p Video		1080/60p Video
ISO 160-12,800		ISO 100-102,400
Electronic viewfinder (1440k dots)		Viewfinder optional
3.0" LCD – 921k dots		3.0" LCD – 1037k dots
Fixed screen (not touch-sensitive)		Fixed touchscreen
15 shutter flaps per second		4 shutter flaps per second
Lens stabilization only		In-body stabilization
310 shots per battery charge		200 shots per battery charge
109 x 82 x 46 mm, 278 g		109 x 62 x 33 mm, 257 g

Check V2 offers at
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Check GR III price at
amazon.com

Going beyond this snapshot of core features and characteristics, what are the differences between the Nikon 1 V2 and the Ricoh GR III? 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 Ricoh GR III 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 size dimensions are rounded to the nearest millimeter.

The V2 can be obtained in two different colors (black, white), while the GR III 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 Ricoh GR III is notably smaller (24 percent) than the Nikon 1 V2. In this context, it is worth noting that neither the V2 nor the GR III are weather-sealed.

The above size and weight comparisons are to some extent incomplete and possibly misleading, as the GR III 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 GR III can be charged via the USB port, which can be very convenient when travelling.

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 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	799	ebay.com
2.		Ricoh GR III	109 mm	62 mm	33 mm	257 g	200	n	Feb 2019	899	amazon.com
3.		Canon G1 X	117 mm	81 mm	65 mm	534 g	250	n	Jan 2012	799	ebay.com
4.		Fujifilm X-M1	117 mm	67 mm	39 mm	330 g	350	n	Jun 2013	699	ebay.com
5.		Fujifilm XF10	113 mm	64 mm	41 mm	279 g	330	n	Jul 2018	499	ebay.com
6.		Nikon 1 J4	100 mm	60 mm	29 mm	232 g	300	n	Apr 2014	549	ebay.com
7.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	799	ebay.com
8.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	799	ebay.com
9.		Panasonic GF5	108 mm	67 mm	37 mm	267 g	360	n	Apr 2012	499	ebay.com
10.		Panasonic GF6	111 mm	65 mm	38 mm	323 g	340	n	Apr 2013	499	ebay.com
11.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	699	ebay.com
12.		Panasonic ZS200	111 mm	65 mm	45 mm	340 g	370	n	Feb 2018	799	amazon.com
13.		Ricoh GR	117 mm	61 mm	35 mm	245 g	290	n	Apr 2013	799	ebay.com
14.		Ricoh GR II	117 mm	63 mm	35 mm	251 g	320	n	Jun 2015	699	ebay.com
15.		Ricoh GR IIIx	109 mm	62 mm	35 mm	262 g	200	n	Sep 2021	999	amazon.com
16.		Sony RX100 II	102 mm	58 mm	38 mm	281 g	350	n	Jun 2013	749	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. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. 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 imaging sensor is at the core of digital cameras and its size is one of the main determining factors of image quality. All other things equal, a large sensor will have larger individual pixel-units that offer better low-light sensitivity, wider dynamic range, and 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 Nikon 1 V2 features an one-inch sensor and the Ricoh GR III an APS-C sensor. The sensor area in the GR III is 216 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 1.5. Both cameras have a native aspect ratio (sensor width to sensor height) of 3:2.

With 24MP, the GR III offers a higher resolution than the V2 (14.2MP), but the GR III nevertheless has larger individual pixels (pixel pitch of 3.91μm versus 2.86μm for the V2) due to its larger sensor. Moreover, the GR III is a much more recent model (by 6 years and 3 months) than the V2, and its sensor will have benefitted from technological advances during this time that further enhance the light gathering capacity of its pixel-units. Coming back to sensor resolution, it should be mentioned that the GR III has no anti-alias filter installed, so that it can capture all the detail its sensor resolves.

The resolution advantage of the Ricoh GR III implies greater flexibility for cropping images or the possibility to print larger pictures. The maximum print size of the GR III for good quality output (200 dots per inch) amounts to 30 x 20 inches or 76.2 x 50.8 cm, for very good quality (250 dpi) 24 x 16 inches or 61 x 40.6 cm, and for excellent quality (300 dpi) 20 x 13.3 inches or 50.8 x 33.9 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 Nikon 1 V2 has a native sensitivity range from ISO 160 to ISO 12800. The corresponding ISO settings for the Ricoh GR III are ISO 100 to ISO 102400 (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 determines an overall sensor rating, as well as sub-scores for low-light sensitivity ("DXO Sports"), dynamic range ("DXO Landscape"), and color depth ("DXO Portrait"). The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-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 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
2.		Ricoh GR III	APS-C	24.0	6000	4000	1080/60p	24.1	13.5	1897	83
3.		Canon G1 X	1.5-inch	14.2	4352	3264	1080/24p	21.7	10.8	644	60
4.		Fujifilm X-M1	APS-C	16.0	4896	3264	1080/30p	23.4	12.6	1371	76
5.		Fujifilm XF10	APS-C	24.0	6000	4000	4K/15p	24.0	13.4	1844	83
6.		Nikon 1 J4	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	426	53
7.		Nikon 1 V1	1-inch	10.0	3872	2592	1080/60i	21.3	11.0	346	54
8.		Nikon 1 V3	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	384	52
9.		Panasonic GF5	Four Thirds	12.0	4000	3000	1080/60i	20.5	10.0	573	50
10.		Panasonic GF6	Four Thirds	15.8	4592	3448	1080/60i	20.7	10.6	622	54
11.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
12.		Panasonic ZS200	1-inch	20.0	5472	3648	4K/30p	22.0	12.2	449	64
13.		Ricoh GR	APS-C	16.1	4928	3264	1080/30p	23.6	13.5	972	78
14.		Ricoh GR II	APS-C	16.1	4928	3264	1080/30p	23.6	13.7	1078	80
15.		Ricoh GR IIIx	APS-C	24.0	6000	4000	1080/60p	24.2	13.8	2146	85
16.		Sony RX100 II	1-inch	20.0	5472	3648	1080/60p	22.5	12.4	483	67
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, and both provide the same movie specifications (1080/60p).

Feature comparison

Apart from body and sensor, cameras can and do differ across a range of features. For example, the V2 has an electronic viewfinder (1440k dots), which can be very helpful when shooting in bright sunlight. In contrast, the GR III relies on live view and the rear LCD for framing. That said, the GR III can be equipped with an optional viewfinder – the GV-1. The table below summarizes some of the other core capabilities of the Nikon 1 V2 and Ricoh GR III in connection with corresponding information for a sample of similar 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.		Nikon 1 V2	1440	n	3.0 / 921	fixed	n	1/4000s	15.0/s	Y	n
2.		Ricoh GR III	optional	n	3.0 / 1037	fixed	Y	1/4000s	4.0/s	n	Y
3.		Canon G1 X	optical	n	3.0 / 922	swivel	n	1/4000s	1.9/s	Y	Y
4.		Fujifilm X-M1	none	n	3.0 / 920	tilting	n	1/4000s	5.6/s	Y	n
5.		Fujifilm XF10	none	n	3.0 / 1040	fixed	Y	1/4000s	6.0/s	Y	n
6.		Nikon 1 J4	none	n	3.0 / 1037	Fixed	Y	1/4000s	60.0/s	Y	n
7.		Nikon 1 V1	1440	n	3.0 / 921	fixed	n	1/4000s	10.0/s	n	n
8.		Nikon 1 V3	optional	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
9.		Panasonic GF5	none	n	3.0 / 920	fixed	Y	1/4000s	4.0/s	Y	n
10.		Panasonic GF6	none	n	3.0 / 1040	tilting	Y	1/4000s	4.2/s	Y	n
11.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
12.		Panasonic ZS200	2330	n	3.0 / 1240	fixed	Y	1/2000s	10.0/s	Y	Y
13.		Ricoh GR	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
14.		Ricoh GR II	optional	n	3.0 / 1230	fixed	n	1/4000s	4.0/s	Y	n
15.		Ricoh GR IIIx	optional	n	3.0 / 1037	fixed	Y	1/4000s	4.0/s	n	Y
16.		Sony RX100 II	optional	n	3.0 / 1229	tilting	n	1/2000s	10.0/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 V2 has one, while the GR III 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 and the Ricoh GR III both have 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 GR III 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 Nikon 1 V2 and Ricoh GR III 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 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
2.		Ricoh GR III	Y	stereo / mono	-	-	-	3.0	Y	-	Y
3.		Canon G1 X	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Fujifilm X-M1	Y	stereo / mono	-	-	mini	2.0	Y	-	-
5.		Fujifilm XF10	-	stereo / mono	Y	-	micro	2.0	Y	-	Y
6.		Nikon 1 J4	-	stereo / mono	-	-	mini	2.0	Y	-	-
7.		Nikon 1 V1	-	stereo / mono	-	-	mini	2.0	-	-	-
8.		Nikon 1 V3	-	stereo / mono	Y	-	mini	2.0	Y	-	-
9.		Panasonic GF5	-	stereo / mono	-	-	mini	2.0	-	-	-
10.		Panasonic GF6	-	stereo / mono	-	-	mini	2.0	Y	Y	-
11.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-
12.		Panasonic ZS200	-	stereo / mono	-	-	micro	2.0	Y	-	Y
13.		Ricoh GR	Y	mono / mono	-	-	micro	2.0	-	-	-
14.		Ricoh GR II	Y	stereo / mono	-	-	micro	2.0	Y	Y	-
15.		Ricoh GR IIIx	Y	stereo / mono	-	-	-	3.0	Y	-	Y
16.		Sony RX100 II	Y	stereo / mono	-	-	micro	2.0	Y	Y	-

It is notable that the GR III 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 GR III is a recent model that features in the current product line-up of Ricoh. 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 features and operation of the V2 and GR III can be found, respectively, in the Nikon 1 V2 Manual (free pdf) or the online Ricoh GR III Manual.

Review summary

So what conclusions can be drawn? Which of the two cameras – the Nikon 1 V2 or the Ricoh GR III – 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.

Reasons to prefer the Nikon 1 V2:

• Better moiré control: Has an anti-alias filter to avoid artificial patterns to appear in images.
• Easier framing: Has an electronic viewfinder for image composition and settings control.
• Faster burst: Shoots at higher frequency (15 vs 4 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• More flexible: Accepts interchangeable lenses, so that lens characteristics can be altered.
• Longer lasting: Can take more shots (310 versus 200) on a single battery charge.
• Easier fill-in: Is equipped with a small onboard flash to brighten deep shadow areas.
• More heavily discounted: Has been available for much longer (launched in October 2012).

Advantages of the Ricoh GR III:

• More detail: Has more megapixels (24 vs 14.2MP), which boosts linear resolution by 30%.
• Maximized detail: Lacks an anti-alias filter to exploit the sensor's full resolution potential.
• Better image quality: Is equipped with a larger and more technologically advanced sensor.
• Richer colors: The sensor size advantage translates into images with better, more accurate colors.
• More dynamic range: Larger sensor captures a wider spectrum of light and dark details.
• Better low-light sensitivity: Larger sensor produces good images even in poorly lit environments.
• More detailed LCD: Has a higher resolution rear screen (1037k vs 921k dots).
• Fewer buttons to press: Has a touchscreen to facilitate handling and shooting adjustments.
• Ready to shoot: Has an integrated lens, whereas the V2 necessitates an extra lens.
• More compact: Is smaller (109x62mm 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.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• Faster data transfer: Supports a more advanced USB protocol (3.0 vs 2.0).
• Easier file upload: Has wifi built in for automatic backup or image transfer to the web.
• Easier wireless transfer: Supports Bluetooth for image sharing without cables.
• More modern: Reflects 6 years and 3 months of technical progress since the V2 launch.

If the count of relative strengths (bullet points above) is taken as a measure, the GR III is the clear winner of the contest (18 : 8 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 V2 and the Ricoh GR III 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 comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the V2 or the GR III. 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 where reviews by experts come in. The table below provides a synthesis of the camera assessments of some of the best known photo-gear 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 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	799	ebay.com
2.		Ricoh GR III	4/5	..	3.5/5	81/100	4/5	..	Feb 2019	899	amazon.com
3.		Canon G1 X	5/5	+	..	76/100	4/5	4.5/5	Jan 2012	799	ebay.com
4.		Fujifilm X-M1	3/5	+	..	77/100	4.5/5	4.5/5	Jun 2013	699	ebay.com
5.		Fujifilm XF10	..	..	4/5	75/100	4/5	4.5/5	Jul 2018	499	ebay.com
6.		Nikon 1 J4	3/5	..	..	..	4.5/5	4/5	Apr 2014	549	ebay.com
7.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	799	ebay.com
8.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	799	ebay.com
9.		Panasonic GF5	3/5	..	..	..	4.5/5	4.5/5	Apr 2012	499	ebay.com
10.		Panasonic GF6	..	+ +	..	..	4.5/5	4.5/5	Apr 2013	499	ebay.com
11.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	699	ebay.com
12.		Panasonic ZS200	..	+ +	4.5/5	81/100	4.5/5	4.5/5	Feb 2018	799	amazon.com
13.		Ricoh GR	5/5	..	..	79/100	4.5/5	4.5/5	Apr 2013	799	ebay.com
14.		Ricoh GR II	..	..	..	..	4.5/5	4.5/5	Jun 2015	699	ebay.com
15.		Ricoh GR IIIx	..	..	4.5/5	..	..	..	Sep 2021	999	amazon.com
16.		Sony RX100 II	5/5	+ +	..	79/100	4.5/5	4.5/5	Jun 2013	749	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, 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 comparing ratings of very distinct cameras or ones that are far apart in terms of their release date have little meaning. Also, kindly note that some of the listed sites have over time developped their review approaches and their reporting style.

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Check GR III price at
amazon.com

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 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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