Ernemann Heag XV
Roughly the size of a large stack of playing cards, the Ernemann Heag XV is a pocket-sized folding camera introduced in 1911 by Ernemann. Founded by Heinrich Ernemann in 1889, the company produced both still and cinema cameras as well as projection equipment. After its defeat in the First World War, the Treaty of Versailles forced Germany to pay an enormous amount of money in reparations (about 442 billion USD in today’s economy, a sum they only just finished paying off in 2010) which absolutely devastated its economy. Unfortunately, the German camera industry floundered during this period of hyperinflation, causing Ernemann to merge with three other companies (ICA, Goerz, and Contessa-Nettel) to form Zeiss Ikon.