I know things with Leica written on them are supposed to be expensive, but wow. Leica has been producing Noctilux lenses for over 50 years. It kicked off in 1966 with the Noctilux 50mm f/1.2 at Photokina in 1966. That lens today has been updated with an f/0.95 aperture. Leica say that the new Noctilux-M 75mm f/1.25 ASPH is even better, and even more expensive.
At $12,795, one would hope so, too. Designed for the 35mm “full frame” format, the Noctilux-M 75mm contains 9 elements in 6 groups with 11 aperture blades. Leica says the elements are designed from material with high anomalous partial dispersion and low chromatic dispersion. This allows them to reduce aberrations to a “hardly detectable” level, Leica told Digital Trends.