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Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens
Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens

Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens

$2,601.25

(26 reviews)

This Panasonic Leica DG 200mm F2.8 OIS Micro 4/3 Lens with a 100-400mm (35mm equivalent) focal length range is a telephoto prime lens well-suited for capturing distant subjects. Its bright f/2.8-4 maximum aperture range excels in challenging lighting conditions and offers increased control over depth of field. Two ultra-low dispersion elements and two extra-low dispersion elements minimize various aberrations for high clarity, sharpness, and color accuracy. Two aspherical elements and one ultra-high refractive index element reduce distortion and spherical aberrations. The lens features a high-speed 240 fps AF system, POWER Optical Image Stabilizer, and a splash, dust, and freezeproof design.

This Panasonic Leica DG 200mm F2.8 OIS Micro 4/3 Lens with a 100-400mm (35mm equivalent) focal length range is a telephoto prime lens well-suited for capturing distant subjects. Its bright f/2.8-4 maximum aperture range excels in challenging lighting conditions and offers increased control over depth of field. Two ultra-low dispersion elements and two extra-low dispersion elements minimize various aberrations for high clarity, sharpness, and color accuracy. Two aspherical elements and one ultra-high refractive index element reduce distortion and spherical aberrations. The lens features a high-speed 240 fps AF system, POWER Optical Image Stabilizer, and a splash, dust, and freezeproof design.

Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens

(26 reviews)

This Panasonic Leica DG 200mm F2.8 OIS Micro 4/3 Lens with a 100-400mm (35mm equivalent) focal length range is a telephoto prime lens well-suited for capturing distant subjects. Its bright f/2.8-4 maximum aperture range excels in challenging lighting conditions and offers increased control over depth of field. Two ultra-low dispersion elements and two extra-low dispersion elements minimize various aberrations for high clarity, sharpness, and color accuracy. Two aspherical elements and one ultra-high refractive index element reduce distortion and spherical aberrations. The lens features a high-speed 240 fps AF system, POWER Optical Image Stabilizer, and a splash, dust, and freezeproof design.

This Panasonic Leica DG 200mm F2.8 OIS Micro 4/3 Lens with a 100-400mm (35mm equivalent) focal length range is a telephoto prime lens well-suited for capturing distant subjects. Its bright f/2.8-4 maximum aperture range excels in challenging lighting conditions and offers increased control over depth of field. Two ultra-low dispersion elements and two extra-low dispersion elements minimize various aberrations for high clarity, sharpness, and color accuracy. Two aspherical elements and one ultra-high refractive index element reduce distortion and spherical aberrations. The lens features a high-speed 240 fps AF system, POWER Optical Image Stabilizer, and a splash, dust, and freezeproof design.

$2,601.25 - $3,988.84

in 8 offers

The lowest price for Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens right now is $2,601.25 at TechCart, compared across 8 retailers.

The all-time low was $433.14 on 6 June 2026 — today's price is 501% above the lowest ever. It has been notably cheaper before — worth setting a price alert.

Prices last updated 27 June 2026.

Price comparison

Price data powered by pricesAPI.io

Last updated at 27/06/2026 20:42:08

Please note: price history and price alerts are not available for some stores, including Amazon.com.au.
TechCart

$2,601.25

Panasonic Leica DG Elmarit 200mm f/2.8 POWER O.I.S. Lens (HES200) + DMW-STC14

Delivery $144

Georges Cameras

$3,387.25

Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens

Delivery $9.90

Camera House

$3,399.00

Panasonic Leica DG Elmarit f/2.8 Power OIS Lens, 200mm

Free delivery between 2–10 July

CameraPro

$3,399.00

Panasonic Leica DG Elmarit 200mm f/2.8 POIS 1.4X TC included

Delivery between 1–6 July $12.90

Ted's Cameras

$3,399.95

Panasonic Lumix Leica 200mm f2.8 Lens w/ 1.4x Teleconverter

Free delivery

Diamonds Camera

$3,595.00

Panasonic Leica DG 200mm F2.8 OIS Micro 4/3 Lens W / 1.4X Teleconverter G Mount Micro Four Thirds Lens - Best For Travel Photography

Free delivery between Tue – Wed

Videocraft Australia

$3,769.00

Panasonic Leica DG 200mm POWER Lens

Delivery between Tue – Thu $16

Everyday Rewards

$3,988.84

Panasonic Leica DG 200mm f2.8 Telephoto Lens H-ES200GC

Delivery between Wed – Sat $10

Price history

Price history

Please note: price history and price alerts are not available for some stores, including Amazon.com.au.

Reviews

A Great Macro Macro Four Third Lens To Have
24 April 2022Anthony

originally posted on bhphotovideo.com

I do a lot of close-up shootings, so I decided to get this lens when it was on a discounted price. I was attracted that the lens features a MEGA O.I.S. system, which compensates for the effects of camera shake for sharper hand-held shooting. It's a very useful tool to have if you do hate carrying a tripod all the time.The lens is a 60mm-equivalent prime lens designed for Micro Four Thirds mirrorless digital cameras. Its macro capabilities enable a minimum focusing distance of 4.1 along with a 1:1 magnification ratio for life-size imaging of nearby subjects.I am very pleased with it and you should try this lens if you love doing close up photography with your macro four thirds camera.

A good flexible lens for both 1:1 macro and general use.
2 May 2021GREGORY

originally posted on adorama.com

I prefer studio macro with a tethered camera using bellows, tube lenses, and microscope objectives. Regardless, I was curious about MFT and wanted to test the waters. I purchased an inexpensive Lumix GX85 body and this lens. The configuration is compact and makes for an easy camera system to carry around with. The lens can focus from a 1:1 magnification to infinity making it a flexible all-round lens for my type of use. As far as picture quality, I can't help but compare it to my studio images which is probably unrealistic and unfair. I would compare its sharpness to a reversed EL-Nikkor 50mm f/2.8 enlarging lens on a bellows at 1:1 magnification with a full-frame camera. Good but not great. On the other hand, I am able to carry this camera system with me and get ... MoreI prefer studio macro with a tethered camera using bellows, tube lenses, and microscope objectives. Regardless, I was curious about MFT and wanted to test the waters. I purchased an inexpensive Lumix GX85 body and this lens. The configuration is compact and makes for an easy camera system to carry around with. The lens can focus from a 1:1 magnification to infinity making it a flexible all-round lens for my type of use. As far as picture quality, I can't help but compare it to my studio images which is probably unrealistic and unfair. I would compare its sharpness to a reversed EL-Nikkor 50mm f/2.8 enlarging lens on a bellows at 1:1 magnification with a full-frame camera. Good but not great. On the other hand, I am able to carry this camera system with me and get shots I wouldn't have otherwise. I don't regret purchasing this lens. Adorama's service and shipping speed were excellent as well. Thanks!

Astonishing Lens
31 July 2022Lance

originally posted on bhphotovideo.com

I bought this lens 4 or 5 years ago and always thought well of it. One day while taking pictures of old pictures instead of scanning (though it's really hard to eliminate ambient light) I tried taking photos of old 35 mm film negatives by taping them to a window for back-light. Results were impressive after applying the 'negative' filter in Photoshop.Then came the Lumix G9, which I love. Then this year (2022) a pro-photographer friend of mine (MK) loaned me Negative Supply's back light rig and negative carrier for 35 mm film that allows you to easily photograph all your negatives and while keeping them substantially flat, without scratching.This lens, combined with the G9's 40 and 80 MP high definition mode has brought new life to my 30 years of 35 mm film ... MoreI bought this lens 4 or 5 years ago and always thought well of it. One day while taking pictures of old pictures instead of scanning (though it's really hard to eliminate ambient light) I tried taking photos of old 35 mm film negatives by taping them to a window for back-light. Results were impressive after applying the 'negative' filter in Photoshop.Then came the Lumix G9, which I love. Then this year (2022) a pro-photographer friend of mine (MK) loaned me Negative Supply's back light rig and negative carrier for 35 mm film that allows you to easily photograph all your negatives and while keeping them substantially flat, without scratching.This lens, combined with the G9's 40 and 80 MP high definition mode has brought new life to my 30 years of 35 mm film negatives. I am not a professional, but this lens/camera combo blows me away. I can punch in focus and easily see film grain on 100 ISO film. I use manual focus, set the shutter on 4 sec delay, aperture at F/5.6 for great results in JPEG mode by using the natural setting, turning sharpness, contrast and noise reduction all the way off & leaving saturation in middle. Haven't experimented much more.My sample photo is a photo of a negative with this lens and G9, which itself is a photo I took with my amazing and still working Yashica T4 SuperD with its Zeiss 35 mm F/3.5 Tessar, which I bought from B & H in 1996.Ironically, this lens and the G9 are getting me back into film, I just bought a 6 x 9 folder camera. Used, because they don't make them anymore. Sigh.

Specification

Focal Length200mm (35mm Equivalent Focal Length: 400mm)
Maximum Aperturef/2.8
Minimum Aperturef/22
Lens MountMicro Four Thirds
Format CompatibilityMicro Four Thirds

Price comparison

Updated about 22 hours ago
Please note: price history and price alerts are not available for some stores, including Amazon.com.au.
TechCart

$2,601.25

Panasonic Leica DG Elmarit 200mm f/2.8 POWER O.I.S. Lens (HES200) + DMW-STC14

Delivery $144

Georges Cameras

$3,387.25

Backordered

Panasonic Leica DG Elmarit 200mm f/2.8 Power OIS Lens

Delivery $9.90

Camera House

$3,399.00

Panasonic Leica DG Elmarit f/2.8 Power OIS Lens, 200mm

Free delivery between 2–10 July

CameraPro

$3,399.00

Panasonic Leica DG Elmarit 200mm f/2.8 POIS 1.4X TC included

Delivery between 1–6 July $12.90

Ted's Cameras

$3,399.95

Panasonic Lumix Leica 200mm f2.8 Lens w/ 1.4x Teleconverter

Free delivery

Price history

Price history

Please note: price history and price alerts are not available for some stores, including Amazon.com.au.

Reviews

A Great Macro Macro Four Third Lens To Have
24 April 2022

I do a lot of close-up shootings, so I decided to get this lens when it was on a discounted price. I was attracted that the lens features a MEGA O.I.S. system, which compensates for the effects of camera shake for sharper hand-held shooting. It's a very useful tool to have if you do hate carrying a tripod all the time.The lens is a 60mm-equivalent prime lens designed for Micro Four Thirds mirrorless digital cameras. Its macro capabilities enable a minimum focusing distance of 4.1 along with a 1:1 magnification ratio for life-size imaging of nearby subjects.I am very pleased with it and you should try this lens if you love doing close up photography with your macro four thirds camera.

Anthony originally posted on bhphotovideo.com
A good flexible lens for both 1:1 macro and general use.
2 May 2021

I prefer studio macro with a tethered camera using bellows, tube lenses, and microscope objectives. Regardless, I was curious about MFT and wanted to test the waters. I purchased an inexpensive Lumix GX85 body and this lens. The configuration is compact and makes for an easy camera system to carry around with. The lens can focus from a 1:1 magnification to infinity making it a flexible all-round lens for my type of use. As far as picture quality, I can't help but compare it to my studio images which is probably unrealistic and unfair. I would compare its sharpness to a reversed EL-Nikkor 50mm f/2.8 enlarging lens on a bellows at 1:1 magnification with a full-frame camera. Good but not great. On the other hand, I am able to carry this camera system with me and get ... MoreI prefer studio macro with a tethered camera using bellows, tube lenses, and microscope objectives. Regardless, I was curious about MFT and wanted to test the waters. I purchased an inexpensive Lumix GX85 body and this lens. The configuration is compact and makes for an easy camera system to carry around with. The lens can focus from a 1:1 magnification to infinity making it a flexible all-round lens for my type of use. As far as picture quality, I can't help but compare it to my studio images which is probably unrealistic and unfair. I would compare its sharpness to a reversed EL-Nikkor 50mm f/2.8 enlarging lens on a bellows at 1:1 magnification with a full-frame camera. Good but not great. On the other hand, I am able to carry this camera system with me and get shots I wouldn't have otherwise. I don't regret purchasing this lens. Adorama's service and shipping speed were excellent as well. Thanks!

GREGORY originally posted on adorama.com
Astonishing Lens
31 July 2022

I bought this lens 4 or 5 years ago and always thought well of it. One day while taking pictures of old pictures instead of scanning (though it's really hard to eliminate ambient light) I tried taking photos of old 35 mm film negatives by taping them to a window for back-light. Results were impressive after applying the 'negative' filter in Photoshop.Then came the Lumix G9, which I love. Then this year (2022) a pro-photographer friend of mine (MK) loaned me Negative Supply's back light rig and negative carrier for 35 mm film that allows you to easily photograph all your negatives and while keeping them substantially flat, without scratching.This lens, combined with the G9's 40 and 80 MP high definition mode has brought new life to my 30 years of 35 mm film ... MoreI bought this lens 4 or 5 years ago and always thought well of it. One day while taking pictures of old pictures instead of scanning (though it's really hard to eliminate ambient light) I tried taking photos of old 35 mm film negatives by taping them to a window for back-light. Results were impressive after applying the 'negative' filter in Photoshop.Then came the Lumix G9, which I love. Then this year (2022) a pro-photographer friend of mine (MK) loaned me Negative Supply's back light rig and negative carrier for 35 mm film that allows you to easily photograph all your negatives and while keeping them substantially flat, without scratching.This lens, combined with the G9's 40 and 80 MP high definition mode has brought new life to my 30 years of 35 mm film negatives. I am not a professional, but this lens/camera combo blows me away. I can punch in focus and easily see film grain on 100 ISO film. I use manual focus, set the shutter on 4 sec delay, aperture at F/5.6 for great results in JPEG mode by using the natural setting, turning sharpness, contrast and noise reduction all the way off & leaving saturation in middle. Haven't experimented much more.My sample photo is a photo of a negative with this lens and G9, which itself is a photo I took with my amazing and still working Yashica T4 SuperD with its Zeiss 35 mm F/3.5 Tessar, which I bought from B & H in 1996.Ironically, this lens and the G9 are getting me back into film, I just bought a 6 x 9 folder camera. Used, because they don't make them anymore. Sigh.

Lance originally posted on bhphotovideo.com
BEST lens in my collection
9 July 2022

The Panasonic Leica DG Elmarit 200mm F/2.8 is working just great shipped and received in a very short time. The lens is better then I thought very clear even with the 1.4 X inverter. Got a great picture of a pileated woodpecker far away hard to hold the camera steady but got it anyway. love the lens now ordering the 2.0 X inverter.

kemp4410 originally posted on ebay.com
Compact, sharp, and fast
8 August 2022

I'm just getting started with this lens, but so far I love it. In addition to being a great macro with a short minimum focus distance, it also works very well as a 60mm equiv. prime. And on my Lumix G9 camera, it enable dual stabilization, in both the lens and the camera body, enabling super-harp hand-held shots, even in lower light conditions.

Tim originally posted on bhphotovideo.com
Great for Close Up Macro Shots and More!
21 April 2022

I bought this lens mostly for getting macro shots of things I wanted to sell online. It has worked well and I have been very happy with the results I've gotten with my Panasonic Lumix GX85, especially using the focus stacking feature that the GX85 has.As a bonus, I've also found that this lens works well as a 30mm prime lens as well, and has good low light abilities and is very sharp at almost all apertures. Working well for portraits and street shotsI haven't found anything to criticize yet, I would highly recommend it!

Ronald originally posted on bhphotovideo.com
Great lens for everyday photos and macro...
8 April 2023

I've had this lens for a couple of months and I absolutely love it. It rarely comes off my Panasonic GX85 and takes great photos from a distance as well as macro. The lens itself is very light for a prime and the photos are super sharp. It's just a lovely lens to work with on any given day and in any situation. I recently lent it to a friend who ended up buying one for herself. Highly recommend it :)

Cindy originally posted on bhphotovideo.com
Nice Lens
16 September 2021

Very nice lens. Sharp, focuses well. Only complaint is using it for a long wide landscape shot. The focus was unpredictable. I guess that's why it's marketed as a macro lens. The macro function works well. I hope to use it as my medium portrait lens. I see no reason why it would not serve me well in that capacity. Here's a shot of a dead cicada which was stuck to my stucco exterior. Look at the detail on the wings. Impressive. I was about a 3 feet away.

Denis originally posted on bhphotovideo.com
Really nice lens
3 July 2018

This is a 200 mm lens f/2.8 that is very sharp and fast, even with the 1.4X teleconverter. This would be the equivalent of a 400 mm f/2.8 lens for a full frame camera (or equivalent to a 560 mm f/4 when the teleconverter is used) at a fraction of the cost of the equivalent full frame lens! There is also an optional 2X teleconverter available.Can lens be very easily hand held (providing a good technique) due to the internal stabilization system that can be paired to the Camera stabilization system. This represent a 6.5 stop of stabilization when used with the Lumix 9G body.Furthermore, there is a programmable button on the lens barrel that is very handy (I use it for auto-focus and remove the auto focus on the shutter button).There is also a programmable focal ... MoreThis is a 200 mm lens f/2.8 that is very sharp and fast, even with the 1.4X teleconverter. This would be the equivalent of a 400 mm f/2.8 lens for a full frame camera (or equivalent to a 560 mm f/4 when the teleconverter is used) at a fraction of the cost of the equivalent full frame lens! There is also an optional 2X teleconverter available.Can lens be very easily hand held (providing a good technique) due to the internal stabilization system that can be paired to the Camera stabilization system. This represent a 6.5 stop of stabilization when used with the Lumix 9G body.Furthermore, there is a programmable button on the lens barrel that is very handy (I use it for auto-focus and remove the auto focus on the shutter button).There is also a programmable focal length memory selector button.On top of this, there is a f stop ring at the end of the barrel that I really like. This f stop ring can be use to any f stop, overriding the camera (manual) or could be set to "auto" for the camera to take over.With such a low f/stop, this is an excellent telephoto lens to use in low light condition.I would highly recommend this lens to any serious photographer, especially for birds and wildlife photography.

Pierre originally posted on bhphotovideo.com
Very sharp lens with excellent manual focus
11 July 2020

The images with this lens are very sharp. I enjoy macro photography, typically flowers. I typically use manual focus and this lens has a feature where the amount the focus changes depends on the speed you turn the focus ring. I've read reviews of people who don't like that feature, but I do like it. You can get close to the correct focus very fast and then turn the ring slowly for final focus. Combined with focus peaking it works great. I'm using this with an Olympus EM-1 mk ii and focus bracketing. I process the stack of images on the computer using other software. The only thing I don't like about this lens and I can't seem to change with any settings is that the lens diaphragm closes and opens for every photo during a stack. I often shoot a stack of 30 images and ... MoreThe images with this lens are very sharp. I enjoy macro photography, typically flowers. I typically use manual focus and this lens has a feature where the amount the focus changes depends on the speed you turn the focus ring. I've read reviews of people who don't like that feature, but I do like it. You can get close to the correct focus very fast and then turn the ring slowly for final focus. Combined with focus peaking it works great. I'm using this with an Olympus EM-1 mk ii and focus bracketing. I process the stack of images on the computer using other software. The only thing I don't like about this lens and I can't seem to change with any settings is that the lens diaphragm closes and opens for every photo during a stack. I often shoot a stack of 30 images and the lens diaphragm will close to take the photo, then open again as the lens is micro focused for the next image. You hear a slight chattering sound as the diaphragm closes and opens very fast for each image. With my Olympus lens the lens diaphragm closes down and stays closed while the whole stack of images is captured. It takes extra time to open and close the diaphragm and I'm concerned that this puts unnecessary wear and tear on the mechanism. So far it hasn't been a problem. Some people complain that you have to get too close to the lens at 1:1. But 1:1 on a Micro Four-thirds camera represents a subject width of only 17 mm. I usually don't shoot that small in the field. I would say 30 mm is a more typical size for me in the field. So far after using it for over a month with hundreds of macro photos I haven't noticed any problems with limited lens to subject distance.

David originally posted on bhphotovideo.com

Specification

Focal Length200mm (35mm Equivalent Focal Length: 400mm)
Maximum Aperturef/2.8
Minimum Aperturef/22
Lens MountMicro Four Thirds
Format CompatibilityMicro Four Thirds

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