In good working condition. Developed film shows correct exposure using shutter speeds as slow as 1/8 second. Longer shutter speeds haven't been tested or measured, but they sound correct. The lens is clear with no fungus. There are minor cleaning marks that don't affect image quality. The shutter speed ring is slightly stiff, which causes the lens to rotate along with it when turning toward the collapsible position, but this is manageable. The very faint marks on the top plate are from a Leica lightmeter.
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