The V2 was introduced for the Nikon 1 V series during the holiday season of 2012. It is an incredibly compact and lightweight camera with a built-in electronic viewfinder (EVF) and flash. Despite its small size, the V2 is also equipped with a number of functions that enable capture of images as intended, as well as those once-in-a-lifetime shots that have been difficult or impossible to capture with cameras available to date. It is the perfect camera for those who primarily use a digital-SLR camera, but want a very small, yet reliable, camera that is more portable than a DSLR, as well as those advancing from a compact digital camera that still want auto shooting capabilities, but are ready to try applying and adjusting shooting settings themselves to achieve the desired results.
Equipped with the latest image processing engine, EXPEED 3A, and a CMOS image sensor with built-in super high-speed AF and offering an effective pixel count of 14.2-million pixels, the V2 provides users with a higher pixel count, as well as faster speeds and greater performance. The V2 is equipped with features such as an electronic viewfinder (EVF) and Live Image Control, which allows users to preview the effects of changes to camera settings in the camera monitor prior to shooting. It also supports direct application of settings and a new Slow View function, with which the camera captures a short sequence of still images and plays them back in slow motion, allowing the user to choose the frame that best captures the precise moment to be preserved. A number of other functions and features, including the advanced hybrid AF system, Motion Snapshot, Smart Photo Selector, and the full-HD movie recording function, have been greatly improved with the V2.

Categorized as a mirrorless compact camera, the V2 appears not much different than a quality point-&-shoot but offers interchangeable lenses available for the series. The camera can be purchased as a body only or as a kit with one or two lenses.
Critical acclaim and popularity entice Nikon marketing to expand their kit offerings, including a new 10-100mm CX format Nikkor lens. This powerful CX-format power drive zoom lens captures your expressions whether near or far using incredible magnification. Compact and lightweight, the 10-100mm (picture angle equivalent of a 27–270mm in 35mm format) is equipped with Vibration Reduction (VR), voice coil AF motor (VCM) and three adjustable zoom speeds that make it ideal for movie recording plus photo capture. Technologically advanced, this lens is incredibly powerful and a first of its kind for Nikon—benchmarking a power zoom drive in a robust portable size. Unprecedented technologies, backed by quality, are hallmarks of the 1 NIKKOR lens system.
To enhance the performance of its optical lens elements, Nikon employs an exclusive multilayer lens coating that helps reduce ghost and flare to a negligible level. Nikon Super Integrated Coating achieves a number of objectives, including minimized reflection in the wider wavelength range and superior color balance and reproduction.
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