Introductory Summary
The Rolex Submariner reference 16610LV, commonly known as the “Kermit,” is a stainless steel dive watch introduced in 2003 to commemorate the 50th anniversary of the Submariner. Produced for a relatively short period in its original form, it combines a green aluminium bezel with a black dial, marking the first time Rolex used green as a defining colour element on the Submariner.
Core Specifications
- Brand: Rolex
- Collection: Submariner
- Reference: 16610LV
- Nickname: Kermit
- Production Start: 2003
- Production End: 2010
- Status: Discontinued
- Case Size: 40mm
- Case Material: Stainless Steel
- Bezel: Green Aluminium, Unidirectional
- Dial: Black
- Crystal: Sapphire
- Bracelet/Strap: Oyster Bracelet
- Movement: Rolex Calibre 3135
- Power Reserve: 48 Hours
- Water Resistance: 300m / 1,000ft
Reference Profile
The 16610LV belongs to the five-digit Submariner Date generation and retains the classic 40mm case proportions, slim lugs, and aluminium bezel insert of earlier models. Unlike later green Submariners, it pairs its green bezel with a black dial rather than a matching green dial, reinforcing its transitional position between vintage Submariners and later, more expressive ceramic references.
Movement Overview
The watch is powered by the Rolex calibre 3135, an automatic movement that served as the foundation of Rolex’s date-equipped professional models for decades. It offers approximately 48 hours of power reserve, includes a quickset date function, and is widely respected for its robustness, accuracy, and long-term serviceability.
Functions & Complications
The 16610LV displays hours, minutes, and central seconds, with a date aperture at 3 o’clock magnified by a Cyclops lens. It features a unidirectional aluminium dive bezel for elapsed time measurement, a screw-down Triplock crown, water resistance rated to 300 metres, and is fitted to a stainless steel Oyster bracelet with a folding clasp.
Buyer Considerations
This reference appeals strongly to collectors due to its anniversary status, relatively limited early production, and historical importance as the first green Submariner. Variations such as flat four versus pointed four bezel inserts and dial configurations can significantly affect value, while condition, originality, and completeness are critical factors in market pricing.
Comparisons & Aternatives
The 16610LV is most often compared to the standard black 16610, which offers a more traditional appearance, and to later green Submariners such as the 116610LV and 126610LV, which introduced ceramic bezels and revised case architecture. For buyers seeking alternatives outside Rolex, green-accent dive watches from brands like Omega and Tudor provide different stylistic interpretations but lack the same anniversary significance.