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Panasonic Lumix S PRO 70-200mm F2.8 O.I.S.
Image: Shop Panasonic

Panasonic Lumix S PRO 70-200mm F2.8 O.I.S.

Lens for L-Mount · Announced November 2019

Official page on shop.panasonic.com (opens the maker's site in a new tab)

  • Full frame lens
  • Telephoto

Typically $2,298–$2,498 new, from today's stores and the last 90 days

Best priceNew · in stock

$2,399.99

at Camera West

Used from
$1,545 at eBay.com36% under new
Used, typically
$1,699.99
Launch RRP
$2,599Best new is 8% under
  • Zoom range: 70–200mm, Full frame lens
  • Max aperture: f/2.8, Constant through the zoom
  • Optical stabilisation: Built in
  • Autofocus motor: Linear and stepping motors
  • Weight: 1,570 g
  • Weather sealing: Sealed
  • Max magnification: 0.21×, Focuses to 0.95 m

Lumix S PRO 70-200mm F2.8 O.I.S. overview

The Panasonic Lumix S PRO 70-200mm F2.8 O.I.S. is a 70–200mm f/2.8 zoom for full-frame cameras on L-Mount, announced by Panasonic in November 2019. 24 cameras we track take it without an adapter.

Going by its spec sheet, it suits portraits. It is a weaker pick for travelling light.

New, it sells for $2,399.99 to $2,499.99 at the 5 stores we track in the United States that have it in stock; used and refurbished copies start at $1,545. Over the last 90 days it has usually cost $2,298 to $2,498 new. It launched at $2,599.

Worth comparing it with the Leica Vario-Elmarit-SL 70-200 f/2.8 ASPH., Sigma 70-200mm F2.8 DG DN OS | Sports and Panasonic Lumix S PRO 70-200mm F4 O.I.S..

Where to buy the Lumix S PRO 70-200mm F2.8 O.I.S. in United States

  • eBay.comAd

    In stockCheapest live listing today: Used · lumnicity

    $1,545
  • Amazon.comAd

    Also check on Amazon: new, sold by Amazon and its sellers, the price shows there

  • Used listing at Precision Camera

    Precision Camera

    UsedIn stock

    EX+ · Authorized dealer · L-Mount version

    $1,699.99

  • Camera WestBest price

    NewIn stock

    Authorized dealer · L-Mount version

    $2,399.99

    4% off $2,499.99

  • Shop Panasonic

    NewIn stock

    Telephoto zoom · Authorized dealer · L-Mount version

    $2,399.99

    4% off $2,499.99

  • Glazer's Camera

    NewIn stock

    Authorized dealer · L-Mount version

    $2,399.99

    4% off $2,499.99

  • Focus Camera

    NewIn stock

    Authorized dealer · L-Mount version

    $2,497.99

  • Precision Camera

    NewIn stock

    Authorized dealer · L-Mount version

    $2,499.99

More used Panasonic Lumix S PRO 70-200mm F2.8 O.I.S. on eBayPaid linkSingle sellers, auctions included: check the listing's condition and returns.

Sorted by price, body only first, cheapest in stock first. Kits are listed apart and never counted as the body price. Some links earn us a commission. The Amazon and eBay rows above are ads; the store rows keep their price order.

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Reviews

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Member stories · Lumix S PRO 70-200mm F2.8 O.I.S.

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Things to know

  • 70–200mm zoom, f/2.8 constant through the zoom.
  • Full frame lens; it also fits the mount's APS-C bodies.
  • Autofocus (Linear and stepping motors motor); optical stabilisation.
  • 1,570 g; 94.4 × 208.6 mm; 82mm filters.
  • Focuses down to 0.95 m, up to 0.21× magnification.
  • Weather sealed.
  • Used, it typically sells for about $1,699.99 in United States (asking prices over 20 days); today from $1,545.

Good for

  • Portraits (70–135mm-equivalent reach at f/2.8)

Not the best for

  • Travelling light (1,570 g)

From the Lumix S PRO 70-200mm F2.8 O.I.S.'s published specs, not from a review.

Price history

Price around the world

About the same price in the US as in Australia, the next cheapest.

Prices are in each market's own currency. Under each: ≈ in USD at today's exchange rate. Body only; where a market lists only kits, its cheapest kit is shown and marked.

Lowest new and used price of the Lumix S PRO 70-200mm F2.8 O.I.S. in each market, with an approximate conversion into USD
MarketLowest newLowest used/refurb
United States(you)Cheapest$2,399.99$1,545
United Kingdom—£1,450≈ $1,941
Europe——
AustraliaA$3,499≈ $2,404—
Singapore——

Each price is in its own currency, as the store charges it. The ≈ figures are approximate, at today's exchange rate (ECB reference rates, 2026-11-06), rounded, and leave out shipping, import duty, GST/VAT and card fees. A camera bought abroad may not carry a local warranty: see grey-market cameras before you buy.

Used: what it should be worth

Should be worth, used

$1,699.99

Usually $1,649.97 to $1,699.99 · 20 days, 38 listings

Cheapest used today

$1,545

9% under what it usually goes for

Lumix S PRO 70-200mm F2.8 O.I.S.: typical used and lowest new price by dayFrom 17 Oct to 6 Nov, prices between $1,649.97 and $2,497.99. Latest typical used $1,649.97. Latest lowest new $2,399.99.17 Oct6 Nov$2,497.99$1,649.97
Typical used Lowest new
MonthCheapestTypicalHighestDays seen
Nov 2026$1,545$1,649.97$1,649.976
Oct 2026$1,699.99$1,699.99$1,699.9914

From used and refurbished asking prices at the stores we track, checked every few hours. Confirmed eBay sale prices will be added once eBay grants us access to its sold-listings data.

Videos

Reviews, comparisons and sample footage of the Lumix S PRO 70-200mm F2.8 O.I.S., on YouTube.

Discussions & forums

What owners say about the Lumix S PRO 70-200mm F2.8 O.I.S. elsewhere, and here.

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Comments are members' own opinions, not CamCompare's. Votes never change the order of prices.

More options

Lumix S PRO 70-200mm F2.8 O.I.S. specifications

Optics

Focal length
70–200mm
35mm equivalent
70–200mm (full frame)
Maximum aperture
f/2.8
Minimum aperture
f/22
Made for
Full frame
Elements / groups
22 / 17
Aperture blades
11
Closest focus
0.95 m
Max magnification
0.21×

Focus & handling

Autofocus
Yes (Linear and stepping motors)
Optical stabilisation
Yes
Weather sealed
Yes
Internal zoom
—
Aperture ring
No
Teleconverter compatible
Yes

Size & weight

Weight
1,570 g
Diameter × length
94.4 × 208.6 mm
Filter thread
82 mm

Cameras it fits

All 24 →