The Pony 135 is made of plastic with aluminum details. Its 51 mm f/4.5 Anaston lens, a step up in quality over what Kodak put in its box cameras but certainly not a high-end lens, can be stopped down to f/22. It is mated to a four-speed (1/25 to 1/200 sec) Flash 200 shutter, which has a simple two-leaf design.
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