For over seven decades, the Rolex Submariner has reigned supreme as the quintessential dive watch, an icon of horological engineering and timeless design. In 2003, Rolex marked the 50th anniversary of this legendary timepiece with a special edition that would quickly become a coveted collector's item: the Rolex Submariner Date 16610LV, affectionately nicknamed the "Kermit" for its vibrant green bezel. This article delves deep into the history, design, significance, and collectibility of the Rolex Submariner 50th Anniversary edition, providing a comprehensive guide for enthusiasts and potential owners.

The Enduring Legacy of the Rolex Submariner

To truly appreciate the significance of the 50th-anniversary Submariner, we must first understand the profound legacy of the original model. Launched in 1953, the Rolex Submariner was not just a watch; it was a groundbreaking tool designed for professional divers. In an era where underwater exploration was rapidly advancing, Rolex provided a reliable and waterproof timepiece capable of withstanding the harsh conditions of the deep sea.

The Submariner quickly established itself as the benchmark for dive watches, pioneering features that are now industry standards. These innovations included:

• Water Resistance: Initially water-resistant to 100 meters (330 feet), the Submariner's depth rating was continuously improved over the years.
• Rotating Bezel: A unidirectional rotating bezel allowed divers to track elapsed time underwater, a crucial safety feature.
• Oyster Case: Rolex's patented Oyster case construction provided superior water resistance and robustness.
• Luminous Markers: Highly legible luminous markers and hands ensured readability in low-light underwater environments.

Beyond its functional prowess, the Submariner's elegant and robust design transcended its tool watch origins. It became a symbol of adventure, precision, and understated luxury, embraced by sportsmen, explorers, and discerning individuals alike. From James Bond to Jacques Cousteau, the Submariner graced the wrists of icons, solidifying its place in popular culture and horological history.

Celebrating 50 Years: The Rolex Submariner Date 16610LV "Kermit"

In 2003, Rolex commemorated the Submariner's 50th anniversary with the release of the Submariner Date 16610LV. While based on the then-current Submariner Date model (16610), the 16610LV introduced several distinctive features that set it apart and instantly marked it as a special edition. These key features included:

The Green Bezel: "Lunette Verte" and the "Kermit" Nickname

The most striking and defining characteristic of the 16610LV was its vibrant green bezel. This marked a departure from the traditional black bezels associated with the Submariner and Rolex sports watches in general. The green color, officially called "Vert Anglais" (English Green), was a bold and celebratory choice, instantly drawing attention and sparking conversation.

The green bezel led to the watch being nicknamed "Lunette Verte" in French (meaning "Green Bezel") and "Kermit" by English-speaking collectors, referencing the famous green Muppet character. This playful nickname stuck and further cemented the 16610LV's unique identity within the Rolex family.

It's important to note that this green bezel was made of aluminum, not the Cerachrom ceramic bezel that would later be introduced on subsequent Submariner models. This aluminum bezel, while susceptible to scratches and fading over time, adds to the vintage charm and character of the "Kermit" for many collectors.

The "Maxi Dial"

Another significant design element of the 16610LV was its "Maxi Dial." This dial featured larger hour markers and hands compared to the standard 16610. The larger indices, particularly the round plots, provided enhanced legibility and a bolder, more contemporary aesthetic. The "Maxi Dial" is a subtle but impactful detail that distinguishes the 16610LV and contributes to its desirability.

Caliber 3135: The Workhorse Movement

Internally, the Rolex Submariner 50th Anniversary edition was powered by the Caliber 3135, a movement that had been a mainstay in Rolex watches for decades. This self-winding, chronometer-certified movement is renowned for its robustness, reliability, and accuracy. The Caliber 3135 is a testament to Rolex's commitment to precision engineering and provides a solid foundation for the 16610LV's performance.

Other Features and Specifications

Beyond the green bezel and Maxi Dial, the 16610LV retained the core features of the Submariner Date 16610, including:

• 904L Stainless Steel Case and Bracelet: Rolex's proprietary 904L stainless steel is highly resistant to corrosion and provides a superior luster.
• Oyster Bracelet: The robust and comfortable Oyster bracelet with a folding Oysterlock safety clasp and Fliplock extension system for divers.
• Sapphire Crystal: Scratch-resistant sapphire crystal protecting the dial.
• Date Function: A date window at 3 o'clock with a Cyclops lens for enhanced readability.
• Water Resistance to 300 meters (1000 feet): Maintaining the Submariner's impressive depth rating.

Why the Rolex Submariner 50th Anniversary "Kermit" is Highly Collectible

The Rolex Submariner 50th Anniversary edition quickly gained popularity upon its release and has since become a highly sought-after collectible timepiece. Several factors contribute to its enduring appeal and increasing value in the secondary market:

Anniversary Significance

Being a 50th-anniversary edition immediately imbues the 16610LV with historical importance. It commemorates a significant milestone in the history of one of the most iconic watches ever created. This anniversary connection adds a layer of prestige and desirability for collectors.

Unique and Distinctive Design

The green bezel and Maxi Dial set the "Kermit" apart from standard Submariners. The green bezel was a bold and unexpected choice for Rolex, making it instantly recognizable and collectible. It represents a moment of playful experimentation within Rolex's typically conservative design language.

Limited Production Run (Relative)

While not officially a limited edition in terms of numbered pieces, the Rolex Submariner 16610LV was produced for approximately seven years (2003-2010). This relatively short production run compared to the decades-long production of other Submariner models contributes to its scarcity and collectibility. As time passes, finding examples in excellent condition becomes increasingly challenging.

Transitional Model

The 16610LV occupies a unique position in the Submariner lineage. It represents a transitional model, bridging the gap between the classic aluminum bezel Submariners and the later ceramic bezel models. It retains the classic proportions and feel of the 16610 while incorporating modern design elements like the Maxi Dial. This transitional nature makes it appealing to both vintage and modern Rolex collectors.

Investment Potential

Like many Rolex sports watches, the Submariner 50th Anniversary "Kermit" has proven to be a solid investment. Its value has steadily appreciated in the secondary market, often outperforming other assets. The combination of its historical significance, distinctive design, and relative scarcity makes it a desirable piece for collectors looking to both enjoy and potentially profit from their timepiece.

Owning and Maintaining a Rolex Submariner 50th Anniversary "Kermit"

For those considering acquiring a Rolex Submariner 50th Anniversary "Kermit," here are some key considerations:

Purchasing a "Kermit"

Due to its discontinuation, the 16610LV is primarily found on the pre-owned market. When purchasing a "Kermit," consider the following:

• Authenticity: Purchase from reputable dealers or individuals with a proven track record. Thoroughly examine the watch and its documentation to ensure authenticity. Look for correct serial numbers, hallmarks, and Rolex signatures.
• Condition: Assess the watch's condition carefully. Look for signs of wear, scratches, and damage. Consider the condition of the aluminum bezel, as it is prone to scratches. Original, unpolished examples in excellent condition are generally more valuable.
• Box and Papers: Having the original box, papers, and accessories (warranty card, booklets, etc.) significantly increases the watch's value and desirability. "Full sets" command a premium.
• Price: Research current market prices for the 16610LV. Prices can vary depending on condition, completeness of the set, and market fluctuations. Be prepared to pay a premium for a well-preserved example with complete documentation.

Servicing and Maintenance

Like all mechanical watches, the Rolex Submariner 50th Anniversary "Kermit" requires regular servicing to ensure optimal performance and longevity. Rolex recommends servicing every 5-7 years, or sooner if you notice any issues with timekeeping or performance.

When servicing your "Kermit," consider using an authorized Rolex service center. Rolex-trained technicians have the expertise and genuine parts to properly maintain your timepiece. While servicing costs can be significant, it is essential to protect your investment and ensure the watch's continued functionality.

Enjoying Your "Kermit"

Beyond its investment potential, the Rolex Submariner 50th Anniversary "Kermit" is a remarkable timepiece to own and wear. Its iconic design, robust construction, and historical significance make it a watch that can be enjoyed for generations. Wear it with pride, knowing you own a piece of horological history that celebrates the enduring legacy of the Rolex Submariner.

FAQ: Rolex Submariner 50th Anniversary "Kermit"

What makes the Rolex Submariner 50th Anniversary "Kermit" special?

Its green bezel, Maxi Dial, 50th-anniversary significance, limited production run, and transitional model status make it a highly collectible and desirable Submariner.

Is the "Kermit" a good investment?

Yes, the 16610LV has consistently appreciated in value and is considered a strong investment-grade watch, especially examples in excellent condition with full sets.

Where can I buy a Rolex Submariner 50th Anniversary "Kermit"?

Pre-owned "Kermits" can be found through reputable watch dealers, online marketplaces specializing in luxury watches, and auction houses.

How can I authenticate a Rolex Submariner 50th Anniversary "Kermit"?

Carefully examine the watch's details, serial number, hallmarks, movement (if possible), and documentation. Purchase from trusted sources and consider having it authenticated by a Rolex expert if you have any doubts.

How often should I service my Rolex Submariner "Kermit"?

Rolex recommends servicing every 5-7 years, or sooner if needed. Regular servicing ensures optimal performance and longevity.

Conclusion: A Green Milestone in Submariner History

The Rolex Submariner 50th Anniversary edition, the 16610LV "Kermit," is more than just a commemorative timepiece; it is a vibrant and distinctive chapter in the ongoing saga of the Submariner legend. Its green bezel was a bold stroke of design genius that immediately captured the attention of the watch world and solidified its place as a collector's icon. Combining the classic robustness of the 16610 with unique aesthetic touches, the "Kermit" remains a highly sought-after piece, representing a pivotal moment in Rolex history and a testament to the enduring appeal of the Submariner. For collectors and enthusiasts alike, the Rolex Submariner 50th Anniversary "Kermit" is a green milestone worth celebrating and cherishing for generations to come.

References and Sources

• Rolex Official Website: www.rolex.com
• "Rolex Submariner 16610LV 'Kermit': A Complete Guide" - Bob's Watches: https://www.bobswatches.com/rolex-blog/watch-review/rolex-submariner-16610lv-kermit-complete-guide.html
• "Rolex Submariner 16610LV 50th Anniversary 'Kermit' Review" - Hodinkee: (Hypothetical, as Hodinkee might not have a dedicated review from 2003, but they would have articles mentioning it) - Search on Hodinkee for "Rolex Submariner 16610LV"
• "The Rolex Submariner Story" - Revolution Watch: (Hypothetical, search Revolution Watch for detailed Submariner history) - Search on Revolution Watch for "Rolex Submariner History"
• Various watch forums and collector communities (e.g., Rolex Forums, WatchUSeek) for market insights and collector perspectives.