The Rolex Submariner, particularly the coveted "Hulk" and "Kermit" green bezel variations, holds a mythical status in the world of horology. In the Philippines, as with the rest of the globe, the demand for these iconic timepieces far outstrips supply, significantly impacting their price and availability. This article aims to provide a comprehensive overview of the Rolex Submariner green price in the Philippines, exploring the factors that influence its value, comparing it to alternatives like the Omega Seamaster Diver 300M, and guiding potential buyers through the complexities of acquiring this horological grail.
Understanding the Allure: Why the Green Submariner?
The Rolex Submariner is more than just a watch; it's a symbol of adventure, precision, and enduring style. Its robust construction, waterproof capabilities, and timeless design have made it a favorite among divers, explorers, and watch enthusiasts alike. The green bezel variations, specifically the "Kermit" (reference 16610LV) and the "Hulk" (reference 116610LV), add a unique and eye-catching aesthetic to the classic Submariner silhouette.
* The "Kermit" (16610LV): Introduced in 2003 to celebrate the Submariner's 50th anniversary, the "Kermit" features a black dial and a vibrant green aluminum bezel insert. Its production run lasted until 2010, making it a relatively rare and highly sought-after model.
* The "Hulk" (116610LV): Launched in 2010 and discontinued in 2020, the "Hulk" boasts a sunburst green dial and a matching green Cerachrom (ceramic) bezel. Its bolder presence and updated features solidified its place as a modern icon.
* The Current Generation (126610LV): As of 2020, Rolex introduced the new generation Submariner with a slightly larger 41mm case. The current green bezel Submariner (126610LV) features a black dial and a green Cerachrom bezel, often referred to as the "Starbucks" or "Cermit" due to its resemblance to the original "Kermit" but with a ceramic bezel.
The limited availability of these green Submariner models, coupled with their distinctive aesthetics and historical significance, fuels their desirability and drives up their prices in the secondary market.
Rolex Submariner Green Price Philippines: A Moving Targetrolex submariner green price philippines
Determining the exact Rolex Submariner green price in the Philippines is a dynamic process. Several factors contribute to the fluctuating market value:
* Model and Condition: The specific reference number (16610LV, 116610LV, or 126610LV) and the watch's overall condition are primary determinants of its price. A "Kermit" in mint condition with its original box and papers will command a significantly higher price than a heavily worn example. The "Hulk," due to its shorter production run and ceramic bezel, generally fetches a premium over the "Kermit." The newest 126610LV is subject to high demand and AD allocation, impacting its secondary market price.
* Market Demand: Global demand for Rolex watches, particularly the Submariner, significantly impacts prices in the Philippines. Increased demand translates to higher prices.
* Currency Exchange Rates: Fluctuations in the Philippine Peso (PHP) against the US dollar (USD) or Euro (EUR) can affect the price of imported Rolex watches.
* Dealer Markup: The markup applied by authorized dealers (ADs) and grey market dealers can vary, influencing the final price.
* Availability: The scarcity of the green Submariner, particularly at retail, is a major driver of its secondary market value. Waiting lists at ADs are often years long, pushing many buyers to the grey market where prices are considerably higher.
Rolex Submariner Price Lists & Guides (Philippines): A Snapshot
It's crucial to understand that the following price ranges are estimates and subject to change. Contact reputable dealers in the Philippines for the most up-to-date information.
Note: Prices are approximate and can vary significantly. Always verify with reputable dealers.
* Rolex Submariner Green Bezel Price (Pre-Owned):
* Kermit (16610LV): PHP 800,000 - PHP 1,200,000+ (depending on condition and completeness)
* Hulk (116610LV): PHP 1,200,000 - PHP 1,800,000+ (depending on condition and completeness)
* Starbucks/Cermit (126610LV): PHP 900,000 - PHP 1,400,000+ (depending on condition and completeness)
* Rolex Submariner New Price Lists (from AD - if available):