Nikon 1 V1 vs Olympus E-3

The Nikon 1 V1 and the Olympus E-3 are two digital cameras that were officially introduced, respectively, in September 2011 and October 2007. The V1 is a mirrorless interchangeable lens camera, while the E-3 is a DSLR. The cameras are based on an one-inch (V1) and a Four Thirds (E-3) sensor. Both cameras offer a resolution of 10 megapixels.

Below is an overview of the main specs of the two cameras as a starting point for the comparison.

Headline Specifications

Nikon 1 V1		Olympus E-3
Mirrorless system camera		Digital single lens reflex
Nikon 1 mount lenses		Four Thirds lenses
10 MP – 1" sensor		10 MP – Four Thirds sensor
1080/60i Video		no Video
ISO 100-3,200 (100 - 6,400)		ISO 100-3,200
Electronic viewfinder (1440k dots)		Optical viewfinder
3.0" LCD – 921k dots		2.5" LCD – 230k dots
Fixed screen (not touch-sensitive)		Swivel screen (not touch-sensitive)
10 shutter flaps per second		5 shutter flaps per second
Lens stabilization only		In-body stabilization
not weather sealed		Weathersealed body
350 shots per battery charge		750 shots per battery charge
113 x 76 x 44 mm, 383 g		142 x 116 x 75 mm, 876 g

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Going beyond this snapshot of core features and characteristics, what are the differences between the Nikon 1 V1 and the Olympus E-3? Which one should you buy? Read on to find out how these two cameras compare with respect to their body size, their imaging sensors, their shooting features, their input-output connections, and their reception by expert reviewers.

Body comparison

An illustration of the physical size and weight of the Nikon 1 V1 and the Olympus E-3 is provided in the side-by-side display below. The two cameras are presented according to their relative size. Three successive views from the front, the top, and the rear are shown. All size dimensions are rounded to the nearest millimeter.

If the front view area (width x height) of the cameras is taken as an aggregate measure of their size, the Olympus E-3 is considerably larger (92 percent) than the Nikon 1 V1. Moreover, the E-3 is substantially heavier (129 percent) than the V1. It is noteworthy in this context that the E-3 is splash and dust-proof, while the V1 does not feature any corresponding weather-sealing.

The above size and weight comparisons are to some extent incomplete since they do not consider the interchangeable lenses that both of these cameras require. Hence, you might want to study and compare the specifications of available lenses in order to get the full picture of the size and weight of the two camera systems.

Concerning battery life, the V1 gets 350 shots out of its Nikon EN-EL15 battery, while the E-3 can take 750 images on a single charge of its Olympus BLM-1 power pack.

The table below summarizes the key physical specs of the two cameras alongside a broader set of comparators. If you would like to visualize and compare a different camera combination, you can navigate to the CAM-parator app and make your selection from a broad list of cameras there.

Body Specifications

		Camera Model	Camera Width	Camera Height	Camera Depth	Camera Weight	Battery Life	Weather Sealing	Camera Launch	Launch Price	Street Price
1.		Nikon 1 V1	113 mm	76 mm	44 mm	383 g	350	n	Sep 2011	US$ 799	ebay.com
2.		Olympus E-3	142 mm	116 mm	75 mm	876 g	750	Y	Oct 2007	US$ 1 699	ebay.com
3.		Canon G12	112 mm	76 mm	48 mm	401 g	370	n	Sep 2010	US$ 499	ebay.com
4.		Canon G15	107 mm	76 mm	40 mm	352 g	350	n	Sep 2012	US$ 499	ebay.com
5.		Fujifilm X10	117 mm	70 mm	57 mm	350 g	270	n	Sep 2011	US$ 599	ebay.com
6.		Nikon 1 V2	109 mm	82 mm	46 mm	278 g	310	n	Oct 2012	US$ 799	ebay.com
7.		Nikon 1 V3	111 mm	65 mm	33 mm	381 g	310	n	Mar 2014	US$ 799	ebay.com
8.		Olympus E-1	141 mm	104 mm	81 mm	738 g	750	Y	Jun 2003	US$ 1 699	ebay.com
9.		Olympus E-5	142 mm	117 mm	75 mm	873 g	750	Y	Sep 2010	US$ 1 699	ebay.com
10.		Olympus E-30	142 mm	108 mm	75 mm	701 g	750	n	Nov 2008	US$ 1 299	ebay.com
11.		Olympus E-510	136 mm	92 mm	68 mm	538 g	750	n	Mar 2007	US$ 799	ebay.com
12.		Olympus E-520	136 mm	92 mm	68 mm	535 g	750	n	May 2008	US$ 699	ebay.com
13.		Olympus E-P3	122 mm	69 mm	34 mm	369 g	330	n	Jun 2011	US$ 799	ebay.com
14.		Panasonic G2	124 mm	84 mm	74 mm	428 g	360	n	Mar 2010	US$ 599	ebay.com
15.		Panasonic G10	124 mm	84 mm	74 mm	388 g	380	n	Mar 2010	US$ 499	ebay.com
16.		Panasonic GF1	119 mm	71 mm	36 mm	385 g	380	n	Sep 2009	US$ 749	ebay.com
17.		Panasonic GX1	116 mm	68 mm	39 mm	318 g	320	n	Nov 2011	US$ 699	ebay.com
Note: Measurements and pricing do not include easily detachable parts, such as add-on or interchangeable lenses or optional viewfinders.
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Any camera decision will obviously take relative prices into account. The manufacturer’s suggested retail prices give an idea on the placement of the camera in the maker’s lineup and the broader market. The V1 was launched at a markedly lower price (by 53 percent) than the E-3, which puts it into a different market segment. Normally, street prices remain initially close to the MSRP, but after a couple of months, the first discounts appear. Later in the product cycle and, in particular, when the replacement model is about to appear, further discounting and stock clearance sales often push the camera price considerably down.

Sensor comparison

The size of the sensor inside a digital camera is one of the key determinants of image quality. A large sensor will tend to have larger individual pixels that provide better low-light sensitivity, wider dynamic range, and richer color-depth than smaller pixel-units in a sensor of the same technological generation. Further, a large sensor camera will give the photographer additional creative options when using shallow depth-of-field to isolate a subject from its background. On the downside, larger sensors tend to be associated with larger, more expensive camera bodies and lenses.

Of the two cameras under consideration, the Nikon 1 V1 features an one-inch sensor and the Olympus E-3 a Four Thirds sensor. The sensor area in the E-3 is 94 percent bigger. As a result of these sensor size differences, the cameras have a format factor of, respectively, 2.7 and 2.0. The sensor in the V1 has a native 3:2 aspect ratio, while the one in the E-3 offers a 4:3 aspect.

Even though the E-3 has a larger sensor, both cameras offer the same resolution of 10 megapixels. This implies that the E-3 has a lower pixel density and larger individual pixels (with a pixel pitch of 4.74μm versus 3.41μm for the V1), which gives it a potential advantage in terms of light gathering capacity. It should, however, be noted that the V1 is much more recent (by 3 years and 11 months) than the E-3, and its sensor will have benefitted from technological advances during this time that at least partly compensate for the smaller pixel size.

The Nikon 1 V1 has a native sensitivity range from ISO 100 to ISO 3200, which can be extended to ISO 100-6400. The corresponding ISO settings for the Olympus E-3 are ISO 100 to ISO 3200 (no boost).

Technology-wise, both cameras are equipped with CMOS (Complementary Metal–Oxide–Semiconductor) sensors. Both cameras use a Bayer filter for capturing RGB colors on a square grid of photosensors. This arrangement is found in most digital cameras.

For many cameras, data on sensor performance has been reported by DXO Mark. This service is based on lab testing and assigns an overall score to each camera sensor, as well as ratings for dynamic range ("DXO Landscape"), color depth ("DXO Portrait"), and low-light sensitivity ("DXO Sports"). The Overall DXO ratings for the two cameras under consideration are close, suggesting that they provide similar imaging performance. The adjacent table reports on the physical sensor characteristics and the outcomes of the DXO sensor quality tests for a sample of comparator-cameras.

Sensor Characteristics

		Camera Model	Sensor Class	Resolution (MP)	Horiz. Pixels	Vert. Pixels	Video Format	DXO Portrait	DXO Landscape	DXO Sports	DXO Overall
1.		Nikon 1 V1	1-inch	10.0	3872	2592	1080/60i	21.3	11.0	346	54
2.		Olympus E-3	Four Thirds	10.0	3648	2736	none	21.6	10.5	571	56
3.		Canon G12	1/1.7	10.0	3648	2736	720/24p	20.4	11.2	161	47
4.		Canon G15	1/1.7	12.0	4000	3000	1080/24p	19.9	11.5	165	46
5.		Fujifilm X10	2/3	12.0	4000	3000	1080/30p	20.5	11.3	245	50
6.		Nikon 1 V2	1-inch	14.2	4608	3072	1080/60p	20.2	10.8	403	50
7.		Nikon 1 V3	1-inch	18.2	5232	3488	1080/60p	20.8	10.7	384	52
8.		Olympus E-1	Four Thirds	4.9	2560	1920	none	20.0	9.7	-145	44
9.		Olympus E-5	Four Thirds	12.2	4032	3024	720/30p	21.6	10.5	519	56
10.		Olympus E-30	Four Thirds	12.2	4032	3024	none	21.3	10.4	530	55
11.		Olympus E-510	Four Thirds	10.0	3648	2736	none	21.2	10.0	442	52
12.		Olympus E-520	Four Thirds	10.0	3648	2736	none	21.4	10.4	548	55
13.		Olympus E-P3	Four Thirds	12.2	4032	3024	1080/60i	20.8	10.1	536	51
14.		Panasonic G2	Four Thirds	12.0	4000	3000	720/30p	21.2	10.3	493	53
15.		Panasonic G10	Four Thirds	12.0	4000	3000	720/30p	21.2	10.1	411	52
16.		Panasonic GF1	Four Thirds	12.0	4000	3000	720/30p	21.2	10.3	513	54
17.		Panasonic GX1	Four Thirds	15.8	4592	3448	1080/60p	20.8	10.6	703	55
Note: DXO values in italics represent estimates based on sensor size and age.

Many modern cameras cannot only take still pictures, but also record videos. The V1 indeed provides movie recording capabilities, while the E-3 does not. The highest resolution format that the V1 can use is 1080/60i.

Feature comparison

Beyond body and sensor, cameras can and do differ across a range of features. For example, the V1 has an electronic viewfinder (1440k dots), while the E-3 has an optical one. Both systems have their advantages, with the electronic viewfinder making it possible to project supplementary shooting information into the framing view, whereas the optical viewfinder offers lag-free viewing and a very clear framing image. The adjacent table lists some of the other core features of the Nikon 1 V1 and Olympus E-3 along with similar information for a selection of comparators.

Core Features

		Camera Model	Viewfinder (Type or 000 dots)	Control Panel (yes/no)	LCD Specifications (inch/000 dots)	LCD Attach- ment	Touch Screen (yes/no)	Max Shutter Speed *	Max Shutter Flaps *	Built-in Flash (yes/no)	Built-in Image Stab
1.		Nikon 1 V1	1440	n	3.0 / 921	fixed	n	1/4000s	10.0/s	n	n
2.		Olympus E-3	optical	Y	2.5 / 230	swivel	n	1/8000s	5.0/s	Y	Y
3.		Canon G12	optical	n	2.8 / 461	swivel	n	1/4000s	1.1/s	Y	Y
4.		Canon G15	optical	n	3.0 / 922	fixed	n	1/4000s	2.1/s	Y	Y
5.		Fujifilm X10	optical	n	2.8 / 460	fixed	n	1/4000s	10.0/s	Y	Y
6.		Nikon 1 V2	1440	n	3.0 / 921	fixed	n	1/4000s	15.0/s	Y	n
7.		Nikon 1 V3	optional	n	3.0 / 1037	tilting	Y	1/4000s	60.0/s	Y	n
8.		Olympus E-1	optical	Y	1.8 / 134	fixed	n	1/4000s	3.0/s	n	n
9.		Olympus E-5	optical	Y	3.0 / 920	swivel	n	1/8000s	5.0/s	Y	Y
10.		Olympus E-30	optical	Y	2.7 / 230	swivel	n	1/8000s	5.0/s	Y	Y
11.		Olympus E-510	optical	n	2.5 / 215	fixed	n	1/4000s	3.0/s	Y	Y
12.		Olympus E-520	optical	n	2.7 / 215	fixed	n	1/4000s	3.5/s	Y	Y
13.		Olympus E-P3	optional	n	3.0 / 614	fixed	Y	1/4000s	3.0/s	Y	Y
14.		Panasonic G2	1440	n	3.0 / 460	swivel	Y	1/4000s	2.6/s	Y	n
15.		Panasonic G10	202	n	3.0 / 460	fixed	n	1/4000s	2.6/s	Y	n
16.		Panasonic GF1	optional	n	3.0 / 460	fixed	n	1/4000s	3.0/s	Y	n
17.		Panasonic GX1	optional	n	3.0 / 460	fixed	Y	1/4000s	4.2/s	Y	n
Note: *) Information refers to the mechanical shutter, unless the camera only has an electronic one.

One feature that differentiates the E-3 and the V1 is in-body image stabilization (IBIS). The E-3 reduces the risk of handshake-induced blur with all attached lenses, while the V1 offers no blur reduction with lenses that themselves do not provide optical image stabilization.

The reported shutter speed information refers to the use of the mechanical shutter. Yet, some cameras only have an electronic shutter, while others have an electronic shutter in addition to a mechanical one. In fact, the V1 is one of those camera that have an additional electronic shutter, which makes completely silent shooting possible. However, this mode is less suitable for photographing moving objects (risk of rolling shutter) or shooting under artificial light sources (risk of flickering).

The Nikon 1 V1 has an intervalometer built-in. This enables the photographer to capture time lapse sequences, such as flower blooming, a sunset or moon rise, without purchasing an external camera trigger and related software.

The V1 writes its imaging data to SDXC cards, while the E-3 uses Compact Flash or xD Picture cards. The E-3 features dual card slots, which can be very useful in case a memory card fails. In contrast, the V1 only has one slot.

Connectivity comparison

For some imaging applications, the extent to which a camera can communicate with its environment can be an important aspect in the camera decision process. The table below provides an overview of the connectivity of the Nikon 1 V1 and Olympus E-3 and, in particular, the interfaces the cameras (and selected comparators) provide for accessory control and data transfer.

Input-Output Connections

		Camera Model	Hotshoe Port	Internal Mic / Speaker	Microphone Port	Headphone Port	HDMI Port	USB Port	WiFi Support	NFC Support	Bluetooth Support
1.		Nikon 1 V1	-	stereo / mono	-	-	mini	2.0	-	-	-
2.		Olympus E-3	Y	- / -	-	-	-	2.0	-	-	-
3.		Canon G12	Y	stereo / mono	-	-	mini	2.0	-	-	-
4.		Canon G15	Y	stereo / mono	-	-	mini	2.0	-	-	-
5.		Fujifilm X10	Y	stereo / mono	-	-	mini	2.0	-	-	-
6.		Nikon 1 V2	-	stereo / mono	-	-	mini	2.0	-	-	-
7.		Nikon 1 V3	-	stereo / mono	Y	-	mini	2.0	Y	-	-
8.		Olympus E-1	Y	- / -	-	-	-	2.0	-	-	-
9.		Olympus E-5	Y	stereo / -	-	-	mini	2.0	-	-	-
10.		Olympus E-30	Y	- / -	-	-	-	2.0	-	-	-
11.		Olympus E-510	Y	- / -	-	-	-	2.0	-	-	-
12.		Olympus E-520	Y	- / -	-	-	-	2.0	-	-	-
13.		Olympus E-P3	Y	stereo / -	-	-	mini	2.0	-	-	-
14.		Panasonic G2	Y	stereo / mono	-	-	mini	2.0	-	-	-
15.		Panasonic G10	Y	mono / -	-	-	mini	2.0	-	-	-
16.		Panasonic GF1	Y	mono / mono	-	-	mini	2.0	-	-	-
17.		Panasonic GX1	Y	stereo / mono	-	-	mini	2.0	-	-	-

It is notable that the E-3 has a hotshoe, which makes it possible to easily attach optional accessories, such as an external flash gun. The V1 does not feature such an accessory-socket.

Studio photographers will appreciate that the Olympus E-3 (unlike the V1) features a PC Sync socket, so that professional strobe lights can be controlled by the camera.

Both the V1 and the E-3 have been discontinued, but can regularly be found used on ebay. The E-3 was replaced by the Olympus E-5, while the V1 was followed by the Nikon 1 V2. Further information on the features and operation of the V1 and E-3 can be found, respectively, in the Nikon 1 V1 Manual (free pdf) or the online Olympus E-3 Manual.

Review summary

So what conclusions can be drawn? Is the Nikon 1 V1 better than the Olympus E-3 or vice versa? The listing below highlights the relative strengths of the two models.

Arguments in favor of the Nikon 1 V1:

• Broader imaging potential: Can record not only still images but also 1080/60i movies.
• More framing info: Has an electronic viewfinder that displays shooting data.
• Larger screen: Has a bigger rear LCD (3.0" vs 2.5") for image review and settings control.
• More detailed LCD: Has a higher resolution rear screen (921k vs 230k dots).
• Faster burst: Shoots at higher frequency (10 vs 5 flaps/sec) to capture the decisive moment.
• Less disturbing: Has an electronic shutter option for completely silent shooting.
• Easier time-lapse photography: Has an intervalometer built-in for low frequency shooting.
• More compact: Is smaller (113x76mm vs 142x116mm) and thus needs less room in the bag.
• Less heavy: Is lighter (by 493g or 56 percent) and hence easier to carry around.
• More legacy lens friendly: Can take a broad range of non-native lenses via adapters.
• More affordable: Was introduced into a lower priced category (53 percent cheaper at launch).
• More modern: Reflects 3 years and 11 months of technical progress since the E-3 launch.

Advantages of the Olympus E-3:

• Better low-light sensitivity: Can shoot in dim conditions (0.7 stops ISO advantage).
• Brighter framing: Features an optical viewfinder for clear, lag-free composition.
• Easier setting verification: Features a control panel on top to check shooting parameters.
• More flexible LCD: Has a swivel screen for odd-angle shots in portrait or landscape orientation.
• More selfie-friendly: Has an articulated screen that can be turned to be front-facing.
• Faster shutter: Has higher mechanical shutter speed (1/8000s vs 1/4000s) to freeze action.
• Longer lasting: Gets more shots (750 versus 350) out of a single battery charge.
• Better sealing: Is splash and dust sealed for shooting in inclement weather conditions.
• Sharper images: Has stabilization technology built-in to reduce the impact of hand-shake.
• Easier fill-in: Has a small integrated flash to brighten shadows of backlit subjects.
• Better lighting: Features a hotshoe and can thus hold and trigger an external flash gun.
• Better studio light control: Has a PC Sync socket to connect to professional strobe lights.
• Greater peace of mind: Features a second card slot as a backup in case of memory card failure.
• More heavily discounted: Has been around for much longer (launched in October 2007).

If the count of relative strengths (bullet points above) is taken as a measure, the E-3 emerges as the winner of the match-up (14 : 12 points). However, the pertinence of the various camera strengths will differ across photographers, so that you might want to weigh individual camera traits according to their importance for your own imaging needs before making a camera decision. A professional wildlife photographer will view the differences between cameras in a way that diverges from the perspective of a family photog, and a person interested in architecture has distinct needs from a sports shooter. Hence, the decision which camera is best and worth buying is often a very personal one.

How about other alternatives? Do the specifications of the Nikon 1 V1 and the Olympus E-3 place the cameras among the top in their class? Find out in the latest Best Mirrorless Interchangeable Lens Camera and Best DSLR Camera listings whether the two cameras rank among the cream of the crop.

In any case, while the comparison of technical specifications can provide a useful overview of the capabilities of different cameras, it remains partial and cannot reveal, for example, the shooting experience and imaging performance when actually working with the V1 or the E-3. User reviews that are available, for instance, at amazon can sometimes shed light on these issues, but such feedback is all too often partial, inconsistent, and inaccurate.

Expert reviews

This is why expert reviews are important. The following table reports the overall ratings of the cameras as published by some of the major camera review sites (amateurphotographer [AP], cameralabs [CL], digitalcameraworld [DCW], dpreview [DPR], ephotozine [EPZ], photographyblog [PB]). As can be seen, the professional reviewers agree in many cases on the quality of different cameras, but sometimes their assessments diverge, reinforcing the earlier point that a camera decision is often a very personal choice.

Expert Camera Reviews

		Camera   Model	AP   score	CL   score	DCW   score	DPR   score	EPZ   score	PB   score	Camera Launch	Launch Price	Street Price
1.		Nikon 1 V1	..	+	..	69/100	4.5/5	4/5	Sep 2011	US$ 799	ebay.com
2.		Olympus E-3	..	88/100	..	+ +	o	4/5	Oct 2007	US$ 1 699	ebay.com
3.		Canon G12	4/5	+	..	73/100	4.5/5	4.5/5	Sep 2010	US$ 499	ebay.com
4.		Canon G15	4/5	+	..	76/100	4.5/5	4.5/5	Sep 2012	US$ 499	ebay.com
5.		Fujifilm X10	..	..	..	76/100	4/5	4.5/5	Sep 2011	US$ 599	ebay.com
6.		Nikon 1 V2	3/5	..	..	..	4.5/5	4/5	Oct 2012	US$ 799	ebay.com
7.		Nikon 1 V3	3/5	..	..	76/100	4.5/5	4/5	Mar 2014	US$ 799	ebay.com
8.		Olympus E-1	..	..	..	+	o	..	Jun 2003	US$ 1 699	ebay.com
9.		Olympus E-5	4/5	..	..	75/100	4/5	4.5/5	Sep 2010	US$ 1 699	ebay.com
10.		Olympus E-30	..	..	..	71/100	4.5/5	4/5	Nov 2008	US$ 1 299	ebay.com
11.		Olympus E-510	..	89/100	..	+ +	3.5/5	4.5/5	Mar 2007	US$ 799	ebay.com
12.		Olympus E-520	..	87/100	..	+ +	4.5/5	4.5/5	May 2008	US$ 699	ebay.com
13.		Olympus E-P3	..	83/100	..	74/100	4.5/5	4.5/5	Jun 2011	US$ 799	ebay.com
14.		Panasonic G2	..	..	..	72/100	4/5	4.5/5	Mar 2010	US$ 599	ebay.com
15.		Panasonic G10	3/5	..	..	70/100	4/5	4/5	Mar 2010	US$ 499	ebay.com
16.		Panasonic GF1	..	85/100	..	69/100	4.5/5	4.5/5	Sep 2009	US$ 749	ebay.com
17.		Panasonic GX1	3/5	+	..	77/100	4.5/5	4.5/5	Nov 2011	US$ 699	ebay.com
Note: (+ +) highly recommended; (+) recommended; (o) reviewed; (..) not available.

The above review scores should be interpreted with care, though. The ratings were established in reference to similarly priced cameras that were available in the market at the time of the review. Hence, a score should always be seen in the context of the camera's market launch date and its price, and comparisons of ratings among very different cameras or across long time periods have little meaning. It should also be noted that some of the review sites have over time altered the way they render their verdicts.

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Other camera comparisons

Did this review help to inform your camera decision process? In case you are interested in seeing how other cameras pair up, just make a corresponding selection in the search boxes below. There is also a set of direct links to comparison reviews that other users of the CAM-parator app explored.

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