My lenses (that have not been sold) and why I have them (in order of acquisition):
1)
DA 18-55 II - my first lens, when I didn't know better. Very useful to me as a beginner, because it taught me that zooming is not the same as moving yourself around. I still have it if my camera is going somewhere rowdy where damage is a possibility (or lens changing would be a risk).
2)
SMC (K) 55/1.8 - my second prime, after I found the A 28mm f2.8 was not the low-light lens I had hoped it would be. At first I found it a little long, but I soon grew to appreciate the focal length and the depth-of-field control. The 18-55 might have taught me the basics of taking photos, but this lens taught me photography. If I could go back, I would have skipped the kit lens and bought the FA 50 1.4. I still have it because, while I think the FA 50 1.4 is a better match for my K20d, I actually find this lens to be a better match for my Program Plus. On vacation, I typically will carry just the Program Plus and this lens (a very small and lightweight package).
3)
FA 50/1.4 This is pretty much my best lens and my best shots tend to come from it. It is infinitely flexible, fast autofocus, great picture quality, and small. It can be a little long indoors, but it is generally my go-to lens when I am not sure (I find it helps me compose a better image, generally). If I could only own 3 lenses, this would be one of them (or perhaps the DA* 55/1.4, which I can't afford).
4)
DA 15/4 My lens for big things, tight spaces, and drama. Really killer. All the qualities I loved about the DA 40 + 70 (contrast, colour, sharpness) in a focal length where my only other alternatives are fairly bulky zooms. Not my most used lens, but if someone told me I could only own 3, this lens would be one of them.
5)
Carl Zeiss Jena Biometar 80/2.8. A kit lens from an old medium format camera, mounted with adapters. Just like a good, old fashioned, kit lens (think 50 1.7), this is a great, easy to find, portrait length lens. Not my fav focal length (which is why I sold the rather expensive DA 70 and FA 77), but useful. This lens is just sharp enough wide open for a killer portrait with some interesting, slightly swirly bokeh. I think of it as my "wedding" or "glamour" lens. The colour I get from it reminds me of film processing from the 80s. Good, cheap, fun. I pull this out for an "effect" - the 50 is my go-to for general portraits.
6)
F 70-210/4.0-5.6 A very sharp zoom. Nice way of covering the longer focal lengths that I hardly use for not much money. Mostly used for animals (although it is great for portraits at 135mm wide open). Sharp, good colour, fast autofocus, good flare resistance, HORRIBLE ERGONOMICS. I imagine the 55-300 is a better lens... but I hardly go over 135.
7)
Vivitar Close Focus 28/2.8 Much better than I remember the A 28mm f2.8 being in 2 respects - better colour (more like what you see from the DA primes) and better flare resistance. My A 28mm f2.8 was a sharp little lens but it would flare uncontrollably and was pretty desaturated colours. Both lenses are sharp. This is a very handy focal length and it is a stop faster than the kit zoom I was using at 28mm for a while, but I would replace this with a cheap 28/2 or any new lens that Pentax decides to release (an FA 43 for digital, please). If I could only have 3 lenses, this would not be one of them, but it would be close. Would need to be a stop faster and autofocus.
So yeah - the top 3 are 15/4, 28.2.8, 50 1.4. Its not so much the lens.... its focal length, and aperture
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