This is the first time an M mount lens faster than f/1.2 has ever been produced by anyone except Leica! Its price is about 1/10 that of a new Leica 50/.95 Noctilux. Cosina's CEO Mr. Kobayashi unveiled the new 50/1.1 Nokton for the 10th Anniversary of the 1999 Voigtlander Bessa system as well as for the 50th Anniversary of Cosina.