For watch aficionados and collectors alike, the mention of the '50th Anniversary Submariner' immediately conjures images of a specific, highly sought-after timepiece: the Rolex Submariner 16610LV, affectionately nicknamed the "Kermit." Released in 2003 to commemorate the golden jubilee of Rolex's iconic dive watch, this model is more than just a celebratory edition; it's a significant chapter in the Submariner saga, bridging classic design with a bold, contemporary twist. This article delves into the fascinating world of the 50th Anniversary Submariner, exploring its history, features, collectibility, and enduring appeal in the luxury watch market.

A Milestone in Horology: The 50th Anniversary Submariner's Genesis

To truly understand the significance of the 50th Anniversary Submariner, we must first appreciate the legacy it celebrates. The Rolex Submariner, launched in 1953, wasn't just a new watch; it was a groundbreaking tool watch that revolutionized underwater timekeeping. Designed for professional divers, it was the first wristwatch waterproof to 100 meters (330 feet), setting a new standard for robustness and reliability. Over the decades, the Submariner evolved, becoming a symbol of adventure, precision, and timeless style, transcending its tool watch origins to become a cultural icon.

Fast forward to 2003, and Rolex was poised to mark the 50th anniversary of this horological legend. The anticipation within the watch community was palpable. How would Rolex honor such a momentous occasion? The answer came in the form of the Submariner 16610LV. While based on the then-current Submariner Date model (16610), the 16610LV was far from a mere cosmetic upgrade. It introduced a striking and unexpected element: a vibrant green bezel.

This departure from the traditional black bezel was a bold move for Rolex, a brand often associated with subtle evolution rather than radical change. The green bezel, officially named "Vert" by Rolex, was crafted from aluminum and provided a distinct visual identity to the anniversary model. Coupled with the "Maxi Dial," featuring larger hour markers and hands, the 16610LV was instantly recognizable and set itself apart within the Submariner family.

Why Green? The Symbolism and Significance

The choice of green for the bezel was not arbitrary. Green is Rolex's corporate color, representing growth, prosperity, and prestige. In the context of the 50th anniversary, the green bezel subtly yet powerfully communicated the brand's heritage and its continued leadership in the watchmaking world. It was a nod to the past while simultaneously signaling a forward-thinking approach to design.

Furthermore, the green bezel offered a refreshing contrast to the classic black dial and stainless steel case, injecting a sense of modernity and playfulness into the otherwise serious and utilitarian Submariner design. This balance between tradition and innovation is a key reason why the 50th Anniversary Submariner resonated so strongly with collectors and enthusiasts.

Decoding the 'Kermit': Key Features and Distinctions of the 16610LV

Beyond the iconic green bezel, the 50th Anniversary Submariner boasts several features that contribute to its desirability and collectibility:

• The Green Aluminum Bezel: As mentioned, this is the defining characteristic. The anodized aluminum insert is prone to fading and scratches over time, which, ironically, can add to the vintage charm for some collectors. Early examples of the 16610LV are known for their vibrant, almost lime-green bezels, while later iterations tend to have a darker, forest green hue.
• The Maxi Dial: The 16610LV features a "Maxi Dial," characterized by larger luminous hour markers and thicker hands compared to the standard 16610. This enhances legibility, particularly in low-light conditions, and contributes to a more modern aesthetic.
• Stainless Steel Case and Bracelet: The case and Oyster bracelet are identical to the standard Submariner Date 16610, crafted from robust 904L stainless steel (though technically it was still 316L at this time, a common misconception). This ensures the watch maintains the ruggedness and durability expected of a Submariner.
• Caliber 3135 Movement: Powering the 16610LV is Rolex's legendary Caliber 3135 movement. This chronometer-certified, self-winding movement is renowned for its accuracy, reliability, and longevity. It has been a workhorse for Rolex for decades and is a testament to their engineering prowess.
• "Holes Case": The 16610LV features lug holes, a characteristic that was phased out in later Submariner models. Lug holes are favored by some collectors as they make bracelet and strap changes easier.

Variations and Production Years: Flat Four vs. Pointed Four

Within the production run of the 50th Anniversary Submariner (approximately 2003-2010), subtle variations emerged, further fueling the collector's market. One of the most discussed variations is the bezel insert, specifically the numeral "40" on the bezel. Early examples, often referred to as "Flat Four" or "Mark I" bezels, feature a flat top on the numeral "4" in "40." Later versions, known as "Pointed Four" or "Mark II" bezels, have a pointed top on the "4."

While both variations are considered authentic and collectible, "Flat Four" bezels are generally more sought after due to their relative rarity and association with the initial production years. The transition from "Flat Four" to "Pointed Four" occurred around 2004-2005, but exact dates are not officially documented by Rolex, adding to the mystique and intrigue for collectors.

Understanding these nuances, such as the bezel variations and production years, is crucial for serious collectors looking to acquire a 50th Anniversary Submariner. These details can significantly impact the value and desirability of a specific piece.

The 50th Anniversary Submariner in the Modern Market: Collectibility and Investment

The 50th Anniversary Submariner, or "Kermit," has cemented its place as a highly collectible and desirable Rolex model. Several factors contribute to its enduring appeal in the secondary market:

• Anniversary Significance: Being a commemorative edition tied to the Submariner's 50th anniversary inherently elevates its collectibility. Anniversary models often hold special significance for collectors as they represent milestones in a brand's history.
• Limited Production Run: While not officially a limited edition in terms of numbered pieces, the 16610LV was produced for a relatively short period compared to other Submariner models. This limited production window contributes to its scarcity and desirability.
• Distinctive Design: The green bezel set the 16610LV apart from the standard Submariner and other Rolex sports models. This unique visual identity made it instantly recognizable and appealing to collectors seeking something different.
• Rolex Heritage and Brand Recognition: As a Rolex Submariner, it benefits from the brand's unparalleled reputation for quality, precision, and enduring value. Rolex watches, particularly sports models, have consistently proven to be strong investments over time.
• Nostalgia and the End of an Era: The 16610LV represents a bridge between the classic aluminum bezel Submariners and the newer ceramic bezel models. It marks the end of an era for the "holes case" Submariner and the traditional aluminum bezel, further enhancing its nostalgic appeal for collectors.

As a result of these factors, the value of the 50th Anniversary Submariner has appreciated significantly since its release. In the pre-owned market, prices for well-maintained examples, especially those with original boxes and papers, often command a premium over the standard 16610. "Flat Four" bezel variations and watches in pristine condition tend to fetch even higher prices.

For those considering acquiring a 50th Anniversary Submariner as an investment, it's crucial to conduct thorough research, understand the nuances of variations, and purchase from reputable sources. Condition, provenance, and completeness of the set (box, papers, accessories) are all critical factors in determining value.

Caring for Your 50th Anniversary Submariner: Preserving a Legacy

Owning a 50th Anniversary Submariner is not just about possessing a valuable timepiece; it's about becoming a custodian of a horological legacy. Proper care and maintenance are essential to preserve its condition and value for years to come:

• Regular Servicing: Rolex recommends servicing their watches every 5-10 years, depending on usage. Regular servicing by an authorized Rolex service center ensures the movement remains in optimal working order and helps maintain its value.
• Gentle Cleaning: Clean your Submariner regularly with a soft, damp cloth and mild soapy water. Avoid harsh chemicals or abrasive cleaners.
• Proper Storage: When not wearing your watch, store it in a safe, dry place, preferably in its original box or a watch winder. Protect it from extreme temperatures, humidity, and direct sunlight.
• Bezel Care: The aluminum bezel is susceptible to scratches. While some wear and tear is inevitable, avoid exposing the bezel to sharp objects or rough surfaces.
• Insurance: Given the value of the 50th Anniversary Submariner, consider insuring it against loss, theft, or damage.

By taking proper care of your 50th Anniversary Submariner, you not only ensure its longevity but also contribute to preserving a significant piece of watchmaking history for future generations.

Conclusion: The Enduring Allure of the 50th Anniversary Submariner

The Rolex 50th Anniversary Submariner, the 16610LV "Kermit," is more than just a watch; it's a symbol of Rolex's enduring legacy, a testament to the Submariner's iconic status, and a highly coveted piece for collectors worldwide. Its distinctive green bezel, coupled with the robust engineering and timeless design of the Submariner, has created a timepiece that is both aesthetically striking and horologically significant.

Whether you are a seasoned collector, a passionate watch enthusiast, or simply appreciate fine craftsmanship, the 50th Anniversary Submariner offers a compelling blend of history, innovation, and enduring style. It stands as a reminder of Rolex's unwavering commitment to excellence and the timeless appeal of the Submariner lineage. As the years pass, its legacy will only continue to grow, solidifying its place as a true icon in the world of luxury watches.

Frequently Asked Questions (FAQ) about the 50th Anniversary Submariner

What is the Rolex 50th Anniversary Submariner?

It refers to the Rolex Submariner 16610LV, released in 2003 to commemorate the 50th anniversary of the Submariner model. It is distinguished by its green aluminum bezel and "Maxi Dial."

Why is it called the "Kermit"?

The nickname "Kermit" comes from the green bezel, reminiscent of Kermit the Frog from the Muppets.

What are the key features of the 16610LV?

Key features include a green aluminum bezel, "Maxi Dial," stainless steel case and bracelet, Caliber 3135 movement, and lug holes.

What is the difference between a "Flat Four" and "Pointed Four" bezel?

These refer to variations in the numeral "4" on the bezel insert. "Flat Four" bezels have a flat top on the "4," while "Pointed Four" bezels have a pointed top. "Flat Four" bezels are generally considered earlier and more collectible.

Is the 50th Anniversary Submariner a good investment?

Historically, the 50th Anniversary Submariner has proven to be a strong investment, with values appreciating over time. However, like any investment, past performance is not indicative of future results. Research and careful consideration are essential.

Where can I buy a 50th Anniversary Submariner?

New 50th Anniversary Submariners are no longer available from authorized Rolex dealers. They can be found on the pre-owned market from reputable dealers, auction houses, and private sellers. Exercise caution and verify authenticity when purchasing pre-owned luxury watches.

How much is a 50th Anniversary Submariner worth?

The value varies depending on condition, completeness of the set, and bezel variation. Generally, prices range significantly and have been increasing over time. Consulting reputable watch dealers and auction results can provide a more accurate estimate.

Is the green bezel prone to fading?

Yes, the aluminum bezel insert is susceptible to fading and scratches over time, which is considered part of its character and charm by some collectors. Exposure to sunlight and wear can contribute to fading.

References and Sources:

1. Rolex Official Website - www.rolex.com
2. Hodinkee - Articles and resources on Rolex Submariner and 16610LV: www.hodinkee.com
3. WatchTime Magazine - Articles and reviews on Rolex watches: www.watchtime.com
4. Chrono24 - Marketplace for buying and selling luxury watches, including Rolex Submariner 16610LV: www.chrono24.com
5. Phillips Auctions - Auction results for Rolex watches: www.phillips.com