Introduction
The Rolex Submariner 16610LV, also known as the "Kermit," is a highly coveted timepiece among watch enthusiasts and collectors. Since its release, the Rolex 16610LV has experienced fluctuations in its price, influenced by various factors such as market demand, availability, and overall economic conditions. In this article, we will delve into the price development of the Rolex 16610LV, examining historical trends, current prices, and factors affecting its value.
Rolex 16610LV Kermit Review
The Rolex Submariner 16610LV, introduced in 2003, quickly gained popularity for its striking green bezel and black dial combination. This distinctive color scheme gave rise to the nickname "Kermit," in reference to the famous Muppet character. The 40mm stainless steel case, robust construction, and iconic design elements make the Rolex 16610LV a sought-after model among watch aficionados.
The Kermit is powered by Rolex's renowned Caliber 3135 automatic movement, known for its precision and reliability. The watch features a unidirectional rotating bezel with a green aluminum insert, luminescent hour markers and hands, and a date window at 3 o'clock. The 16610LV is water-resistant up to 300 meters (1,000 feet), making it a versatile timepiece suitable for diving and everyday wear.
Rolex Submariner Model 16610 Price
The Rolex Submariner 16610, without the green bezel, is a classic model that has been a staple in Rolex's lineup for decades. The 16610 shares many similarities with the Kermit, including the same case size, movement, and water resistance. However, the absence of the green bezel sets the 16610 apart and gives it a more understated look.
As of the latest update in 2025, the price of a pre-owned Rolex Submariner 16610 in good condition ranges from $8,000 to $10,000 USD. Prices may vary depending on the watch's overall condition, age, and included accessories such as box and papers. The 16610 continues to be a popular choice for those seeking a classic yet versatile Rolex sports watch.
Rolex 16610LV Price Development
The Rolex 16610LV, with its unique green bezel, has seen fluctuations in its price over the years. Since its discontinuation in 2010, the Kermit has become a collector's item, driving up demand and subsequently its market value. Initially, the Rolex 16610LV retailed for around $6,000 to $7,000 USD when it was first released.
However, as the years passed and the supply of new Kermit models dwindled, prices for the 16610LV began to rise in the pre-owned market. By 2020, the average price for a Rolex 16610LV in good condition had surpassed the $15,000 mark, reflecting the growing interest in this iconic timepiece.
Today, in 2025, the price of a pre-owned Rolex 16610LV in excellent condition can range from $20,000 to $25,000 USD or more, depending on factors such as box and papers, service history, and overall desirability. The limited availability of the Kermit on the market has contributed to its status as a highly sought-after collector's item, driving prices to new heights.
Rolex Submariner 16610 for Sale
For those looking to purchase a Rolex Submariner 16610, whether the classic black bezel version or the coveted Kermit model, there are various avenues to explore. Authorized Rolex retailers may occasionally have pre-owned 16610 models available for sale, but the selection can be limited due to the watch's popularity.
Alternatively, specialized watch dealers and online marketplaces offer a wider range of options when it comes to finding a Rolex Submariner 16610 for sale. It is essential to do thorough research, verify the authenticity of the watch, and ensure that all necessary documentation is provided to guarantee a smooth and secure transaction.
Rolex Submariner 16610LV Review
The Rolex Submariner 16610LV, also known as the Kermit, continues to captivate watch enthusiasts with its distinctive design and robust performance. The combination of the green bezel and black dial gives the Kermit a unique presence on the wrist, making it a standout choice for those seeking a bold and iconic timepiece.
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