The first optical version of this lens (1958-1969) is legendary. It is an expensive to produce eight element execution of a symmetrical double Gauss formulation with the 2nd & 3rd and the 6th & 7th elements cemented.
It was initially produced in all three physical mounts for the time; Screw Mount, M2/M4 and in "Bug Eyed M3"; in both black painted and in chrome finish. The Screw Mount embodiment was produced in extremely low numbers and is sometimes "counterfeited" by removing the bayonet mount and substituting a standard Leica screw mount part. Optically this is a disaster as the new cam pitch interfaced is a mismatch. Examples of the type One formulation command a premium in the used marketplace and the "Blacks" bring an even higher price than the recent "ASPH" version. E39 filter/accessory size.
The Second optical version (1969-71 onset serial number 2,316,001), also symmetrical Gaussian designed and first executed in Midland Canada as was version One, has six elements and was designed to be less expensive to produce but equal in optical quality to its predecessor.

It is physically distinguishable by having an aperture setting lever and it takes E39 filter/accessory size.
The Third optical version (1971-79 onset serial number 2,646,001) New physical embodiment. Aperture setting lever is now gone. Now accepts E39 as well as Series VII filters. Very similar to previous optical formulation but according to Erwin Puts has improved contrast and hence increased apparent sharpness. New glass has been adopted and one of the cemented pairs has been split. The reader may note, to the right, that a 6/4 optical formulation has gone to 6/5. This is a noticeably improved formulation.
The Fourth optical version and the final non Aspherical design is an evolutionary improvement over the Third.

New glass is employed and the split pair is now cemented again. Further, a seventh element is added near the lens center on the image side. This final formulation is famous for having the best
bo-ke or bokeh (the shape rendition of out of focus photograph areas).