The Rolex Submariner, a watch synonymous with diving prowess and enduring style, celebrated its 50th anniversary in 2003. To commemorate this milestone, Rolex released a limited edition, the reference 16610LV, affectionately nicknamed the "Kermit" due to its vibrant green bezel. This article delves into the history, desirability, and market value of this iconic timepiece, exploring its significance within the broader context of Rolex Submariner history and referencing the elusive press kit brochure that further enhances its legendary status. We will also explore related models and variations to provide a comprehensive understanding of the 16610LV and its place within the Rolex universe.
The Genesis of the Kermit: A Green Revolution in Submariner History
Before the 16610LV, the Submariner’s bezel was predominantly black. While variations existed, a green insert was a significant departure. The 16610LV’s introduction marked a bold step, injecting a fresh, vibrant hue into the Submariner's established aesthetic. The green bezel, made from an aluminum insert, was a subtle yet impactful change that instantly set it apart from its predecessors. This wasn't just a cosmetic alteration; it signified a new chapter in the Submariner's legacy, a celebration of five decades of underwater exploration and horological excellence. The press kit brochure, now a highly sought-after collector's item, undoubtedly detailed the design choices and the significance of the 50th-anniversary model, providing an official perspective on the creation of this iconic watch.
The 16610LV wasn't just a reimagining of the Submariner; it built upon the strong foundation laid by its predecessors. It retained the robust construction, water resistance, and reliable automatic movement that had defined the Submariner for decades. The 3135 caliber, known for its precision and durability, powered the 16610LV, ensuring its continued performance for years to come. The case, crafted from stainless steel, maintained the iconic Submariner profile, instantly recognizable to enthusiasts and collectors worldwide. The combination of a classic design with a bold, new feature made the 16610LV an instant classic.
Rolex Submariner Model 16610 Price and the 16610LV's Market Value:
The Rolex Submariner 16610, the predecessor to the 16610LV, already commanded a considerable price in the pre-owned market. However, the 16610LV, due to its limited production run and commemorative significance, has seen its value appreciate dramatically over the years. The price of a 16610LV varies greatly depending on condition, box and papers (original packaging and documentation), and overall provenance. A well-preserved example with complete documentation can fetch significantly higher prices than one lacking these elements. The Rolex 16610LV price reflects its status as a highly sought-after collector's item, often surpassing the prices of other Submariner models from the same era. Online forums and auction results provide a glimpse into the fluctuating market value, but individual sales can vary considerably based on the specific watch's condition and associated documentation.
Similarly, the price of a Rolex Submariner 16610, while lower than the 16610LV, also remains relatively high, reflecting the enduring appeal and value retention of the Submariner line. The price of a standard 16610 stainless steel model can vary based on its condition and any unique characteristics.
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