I do not believe the first Yuras were made by KMZ. In 1961 Zorki was out of production for some 5 years, and there were many newer models available.
I believe it was a souvenir made by someone or some workshop, either officially (as an order from the government), or privately, to sell as a souvenir to a foreigner.
In this sense, all later Yuras has as much credibility and value as the earlier ones. They are all souvenirs, and this does not diminish their value.
I personally dislike any modifications (Leica, Luftwaffe, Stalinets, etc), but Yura is very dear to me, and was very happy to buy one in 2001 on eBay.
I later found the source of these Yuras, and ordered 12 of them directly from a dealer in Moscow. 6 of them were 'white' chrome and 6 were 'champagne' chrome, like the one on eBay.
I sold them in the Fedka.com store, and below is the description (it is from 2004, when the last one was sold).
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43 years ago, on April 12, 1961 at 9:07 in the morning (Moscow time), the Soviet spacecraft Vostok 1 was launched from Baikonur cosmodrom in Kazakhstan. Aboard was a 27-year-old Soviet Air Force Major, Yuri Gagarin - the first man in space, a peasant's son, and arguably the most loved Russian in Soviet history. The flight lasted 108 minutes.
The USSR turned this event into a huge propaganda campaign. Once a member of a top-secret program, Yuri Gagarin became an instant celebrity. He visited 28 countries, bringing his message around the world: the Earth is beautiful, let's keep it peaceful and safe.
Yura (a nickname for Yuri) was the most popular boy's name in the USSR in 1961.
For those interested in Yuri Gagarin's biography and the details of his flight around Earth, there is a wealth of information on the web. These are just a few links:
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http://www.vibrationdata.com/space/Yuri.htm *
http://www.kosmonaut.se/gagarin/index.html *
http://w ww3.northstar.k12.ak.us/schools/ryn/spacerace/people/gagarin.html
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http://members.aol.com/astromem/aircraft/gagarin/index.htmlAs often happened with Russian heroes, Yuri Gagarin died young. He was only 34 when the MIG-15 fighter jet he was piloting crashed during a routine training flight. Yuri Gagarin and his instructor, Vladimir Seryogin, were killed on March 27, 1968. The cause of the crash was never clearly known. The MIG-15 hit the ground at full throttle.
Now we get to the Yura camera. The true origin of this Zorki version is not clearly known. One version (cautiously supported by Jean Loup Princelle) is that a small series of commemorative Zorki-Yura rangefinders was made by the KMZ plant in 1961. I find this unlikely, since the KMZ plant discontinued the Zorki type 1 in 1956, 5 years before Gagarin's historic flight.
A large plant like KMZ would have used current production models for the commemorative version, the way it did in 1957 (Zorki-S, Moscow Youth Festival) and in 1967 (Zorki-4 and Zenit-3M, 50 Years or Soviet Power). I believe that the Zorki-Yura was first produced by a workshop outside of KMZ. It is possible this camera was ordered by some officials to be used as a gift for some VIPs participating in one of the countless propaganda events devoted to Yuri Gagarin.
There is the question of genuine Yuras and fake Yuras. It has yet to be p roved that the Yuras made in the 1960's were genuine, i.e. made by the Zorki manufacturer, the KMZ plant near Moscow. I believe that the cameras made in the 60's and in the 90's should be treated similarly - they are re-finished Zorkis (and sometimes FEDs). The top plate features a stylized picture of the earth with the Yura name in Cyrillic. Well, the KMZ logo is there too, right next to the serial number. Of course, the historic date, 12.04.61, is also engraved on the top plate.
Genuine or fake, the Zorki-Yura is an uncommon Russian Leica-type camera and its substantial value as a collectible will certainly endure.