rolex submariner 50th anniversary green bezel price | Rolex Submariner green ceramic bezel

The Rolex Submariner, an icon of horological design and engineering, has a rich and storied history. While many variations have graced wrists over the decades, the "Kermit," a nickname lovingly bestowed upon the 50th Anniversary Submariner with its distinctive green bezel, holds a special place in the hearts of collectors and enthusiasts. This article will delve into the fascinating world of the Rolex Submariner 50th Anniversary Green Bezel, exploring its price, variations, and the factors influencing its value in today's market. We'll also examine the current alternatives available, like the Submariner 41mm green bezel (ref. 126610LV), and address the question on everyone's mind: How much does a Submariner Kermit cost?

The Legend of the Kermit: A 50th Anniversary Celebration

To understand the current pricing landscape, it's crucial to appreciate the historical significance of the original "Kermit," the ref. 16610LV. Introduced in 2003 to commemorate the 50th anniversary of the Submariner, this model distinguished itself with its vibrant green aluminum bezel and the "Maxi Dial," featuring larger hour markers compared to previous iterations. This combination of the iconic Submariner design with a bold, celebratory color proved to be a winning formula, instantly captivating collectors and solidifying its status as a future classic.

The "LV" in the reference number stands for "Lunette Verte," French for "Green Bezel." This simple designation marked a departure from the traditional black bezel of the Submariner and signaled a new era for the iconic dive watch. The Kermit was produced for approximately seven years, ending its run in 2010, making it a relatively limited production model compared to other Submariner variants. This limited production, combined with its historical significance, contributes significantly to its desirability and, consequently, its price on the secondary market.

How Much Does a Submariner Kermit Cost? Navigating the Secondary Market

Determining the exact cost of a Submariner Kermit is not straightforward. As a discontinued model, its price is entirely dictated by the secondary market, where factors like condition, completeness of the set (box, papers, etc.), and the seller's reputation play crucial roles.

Generally, a Submariner Kermit (ref. 16610LV) can range anywhere from $15,000 to upwards of $25,000 or even more, depending on the factors mentioned above. Pristine examples with original box and papers, especially those with early production serial numbers, command the highest premiums. Watches in well-worn condition, with scratches and signs of use, will naturally be priced lower.

It's crucial to conduct thorough research and purchase from reputable dealers or trusted sources when investing in a Kermit. Authenticity is paramount, and having the watch authenticated by a qualified watchmaker is highly recommended before finalizing the purchase.

The Modern Alternative: Rolex Submariner 41mm Green Bezel (Ref. 126610LV)

While the Kermit remains a coveted collector's item, Rolex has continued to offer Submariner models with green bezels. The most affordable Submariner Date with a green bezel and black dial is the current ref. 126610LV, often referred to as the "Cermit" or "Starbucks" due to its green ceramic bezel and black dial combination.

The ref. 126610LV represents a significant upgrade from the original Kermit. It features:

* 41mm Case: A slightly larger case size compared to the 40mm of the 16610LV, offering a more contemporary wrist presence.

* Ceramic Bezel: Replacing the aluminum bezel of the Kermit with a highly scratch-resistant Cerachrom ceramic bezel, ensuring long-lasting beauty and durability. The green ceramic also boasts superior color retention compared to the aluminum bezel, which can fade over time.rolex submariner 50th anniversary green bezel price

* Updated Movement: Powered by the Caliber 3235, a next-generation movement offering improved accuracy, reliability, and a longer power reserve (approximately 70 hours).

* Slightly Redesigned Lugs: The lugs are slightly slimmer and more refined compared to the previous generation Submariner.

Rolex's official MSRP as of December 2024 for the 126610LV is around $11,400 USD. However, due to high demand and limited availability, acquiring one at retail price is often challenging. The grey market price for the 126610LV typically ranges from $14,000 to $18,000 or higher, depending on the dealer and market conditions.

Exploring Other Green Submariner Variants

While the Kermit and the Cermit are the most well-known green bezel Submariners, it's worth exploring other variations, even if they don't directly address the 50th-anniversary aspect: