Ricoh GR III large-sensor compact camera will go on sale in March Large sensor compacts are a rare breed, but Ricoh is about to give you another option. It announced that the GR III, first unveiled last year, will go on sale in March for $899. It's a big improvement over the GR II, with a higher resolution 24 megapixel sensor, 3 axis in body stabilization, a rear touchscreen and a fixed 28mm equivalent F/2.8 lens that can focus as close as 2.4 inches. All of that will make it perfect for its intended market