Olympus cameras and lenses have been great options for many photographers. Not only do they offer great build quality, but they also deliver clear, distinct images that set them apart from other brands. Of the many cameras launched over the years, the one that continues to reign over is the Olympus Pen F. For a camera launched in 2016, Olympus offers something others don’t, making it an asset in a depreciating camera market.
The Olympus Pen F has regained its original retail value, with the body costing around $900 to $1,400+, and some well-preserved, boxed, or low-shutter-count units climbing above $1,300. A few units with accessories or in mint condition have crossed $1,500. The original Pen F was $1,199 in 2016, reflecting a stronger market than it had several years earlier. While resale is high right now, it wasn’t in 2017. A year after its launch, the camera fetched $650, half the original MAP cost. This says a lot about how trends change.
What Makes the PEN F So Desirable?
There is a lot to like about this camera. The device features a 20MP sensor that delivers a rich color profile. For instance, in our review, we said, “The Pen F makes no compromises, and the image quality is very, very solid.” The camera offers an excellent black-and-white filter, and the high ISO is great. You can easily remove the ISO, which also proves the versatility of the files. In addition, the grain only adds to the whole appeal to the camera. As we further said:
Having a film look like Ilford Delta 400 is pretty much my dream. Then you can add the according amounts of grain. These are the most film-like JPEGs I believe I’ve ever seen.
But while it is a classic device for street photographers, another reason for its success is the design. The Pen F has a retro-style body with knobs and dials, and it embraces the aesthetics pretty well. Specifically, this is a rangefinder-style design. While it is not weather-sealed, many people will be okay with that. The autofocus was slow then, but that can be used to your advantage to train with a slower device. After all, Fujifilm has been doing this essentially since the start of the X-series.
Why is the Pen F Fetching High Value?
Some suggest that the Pen F has visual appeal and compact ergonomics, with buyers going for it for its certain aesthetics. Compact models have seen a significant rise in market share as young buyers drive demand. However, $1,500 is a lot for an old model, and one can find cheaper models for under $1,000. But given how small the MFT market is, with Pen F being hailed for its image quality, people may go after it.
The retro-style cameras are not common as such, with the Nikon Zf being an exception. Sony and Canon haven’t made anything like this and the only ones who do are Fujifilm, Nikon, Leica, and maybe even Hasselblad. Since older models’ designs are what people like, the Pen F is a great retro and premium model to go after. It is not just street photographers who will go after it, but also collectors who like the appeal of retro design.
The Olympus Pen F proves what trends can do. As newer cameras with AI technology are dominating sales, some photographers are seeking older gear for distinct image quality and appeal. One can also opt for Fujifilm, but then the X100 series is expensive and can go up to $2000. In that regard, Olympus gives you a lot to work with without the additional cost.
In a market defined by depreciation, the Pen F is a rare example of how cameras can maintain a stronghold even after they have ceased production. It is a testament to their design, performance, and sense of community.