The Tanack Type - V3 has echoes of the Leica M3. It has combined viewfinder/rangefinder windows and is fitted with a bayonet lens mount similar to the Leica M type, but with three lugs instead of four. 39mm screw lenses can be used, in conjunction with a bayonet to screw adapter.

The camera is synchronized for flash (M and X at 1/25) via a socket on the side of the body, below the rewind crank. There is a circular film type indicator in the middle of the back, but no self-timer

Film wind-on is by lever, and rewind by a fold out crank.

Published literature I have seen gives shutter speeds of T,1,2,4,8,25 / B,25,50,75,100,200,500 for this model. I received information in April 2003 from Hiromu Morine in Japan that he owned a V3 with shutter speeds of T,1,2,4,8,30 / B,60,125,250,500,1000. His camera is, apart from the shutter speeds, identical to the the 'standard' V3. Hiromu suggests that it is one of the last produced (this is given weight by the serial number - 103235) and was given a higher top speed to enable it to compete with rival products.