It was before my time, really, but film SLRs in the "MMM" (metal, manual, mechanical) era used to come with a "standard lens" which was usually a moderate-fast 50mm. This was eventually replaced with an inexpensive normal or standard zoom, the ancestor of today's "kit zooms" that come included for a bargain price with many lower-level camera bodies.
Some photographers missed the "nifty fifty" for a long time. Back then, it was everybody's first lens, and what they learned on.
So this is fairly mysterious—this is a brand new lens, not even shipping yet, but B&H has it on sale for a mere $99, marked down from $249.
Its formal name is the Panasonic Lumix G 25mm ƒ/1.7 ASPH. It's a 50mm equivalent for Micro 4/3. An inheritor of the tradition of a great many fine inexpensive medium-fast 50mms from days of olde.
And talk about a perfect lens for an OC/OL/OY project, too.
(Thanks to Duncan Holthausen and others)
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Ernest Theiseb: "I have that lens. I paid full price for it. I love it. I use it on my Pany G7 and it works a treat! That is a great price for an excellent lens."