The Rolex Submariner needs no introduction. A legend in its own time, this iconic dive watch has captivated collectors and enthusiasts for decades. But among the many variations and iterations of the Submariner, one stands out as particularly special: the 50th Anniversary Submariner, affectionately nicknamed the "Kermit" due to its distinctive green bezel insert. This article delves into the specifics of this highly sought-after timepiece, specifically focusing on the reference 16610LV, examining its history, desirability, current market value, and the reasons behind its enduring appeal. We'll also explore related models and address common questions surrounding this collectible piece.
Model Name/Number: Submariner 16610LV Serial/Year: D - 2005 Gender: Men's Movement: Automatic 3135 Case: Stainless steel (40mm) w/ unidirectional rotatable bezel, green Kermit.
This particular example, a 2005 model with a serial number beginning with "D," represents a prime example of the 16610LV. Let's unpack what makes this watch so special and desirable.
Rolex 50th Anniversary Submariner Discontinued:
The Rolex 16610LV, the 50th-anniversary Submariner, is indeed discontinued. Production ceased in 2010, making these watches highly collectible and driving up their value significantly. The discontinuation only amplified the allure of the Kermit, as it transitioned from a readily available model to a coveted piece of horological history. This scarcity is a major factor contributing to its current high price on the secondary market. The transition to the subsequent reference, the 116610LV (with a slightly larger case size and updated movement), further cemented the 16610LV's status as a sought-after collector's item. The change in design, although minor to some, marked a distinct end of an era, making the final years of the 16610LV production even more desirable.
Rolex Submariner 50th Anniversary Price:
The price of a Rolex Submariner 50th Anniversary (16610LV) varies considerably depending on its condition, box and papers (original packaging and documentation), and the seller. A watch in mint condition, with all original accessories, commands a significantly higher price than one showing signs of wear. The condition of the green bezel insert is also crucial – any fading or significant damage will impact the value. While a few years ago, prices were in the range of $10,000 to $15,000 USD, the current market sees prices often exceeding $20,000 USD, and exceptional examples fetching even more. The fluctuating nature of the luxury watch market and the increasing demand for this discontinued model contribute to the price volatility. Reputable dealers and auction houses offer the most reliable price indicators, though online forums and marketplaces can offer insights into recent sales. It's crucial to conduct thorough research and potentially seek the advice of a watch expert before making a purchase.
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