The Rolex Submariner 50th Anniversary, affectionately nicknamed the "Kermit" due to its vibrant green bezel, remains one of the most sought-after and iconic watches ever produced. Its discontinued status only adds to its allure, driving prices to stratospheric heights and making finding a never-worn example an exceptional event. This article delves into the world of the Rolex Submariner 50th Anniversary Green Bezel (Ref. 16610LV), specifically focusing on the rarity and value of a never-worn Z-series example, a piece that represents the pinnacle of this coveted collector's item.
Rolex 50th Anniversary Submariner Discontinued:
The Rolex Submariner 16610LV, produced from 2003 to 2010, marked a significant milestone in the Submariner's history. Released to celebrate the 50th anniversary of the iconic dive watch, the green bezel instantly became a symbol of this special edition. Its discontinuation in 2010 cemented its status as a collector's piece, a watch that would never be produced again in this exact configuration. This discontinuation, coupled with the increasing popularity of vintage and limited-edition Rolexes, has created a dramatic surge in demand, making finding any example, let alone a never-worn one, a significant challenge. The shift from the 16610LV to the subsequent 116610LV, while retaining the green bezel, marked a significant change in the watch's design, making the 16610LV even more desirable for its classic aesthetic. The discontinuation truly solidified its legendary status within the horological community.
Rolex Submariner 50th Anniversary Price:
The price of a Rolex Submariner 50th Anniversary (16610LV) is a testament to its desirability. Prices vary significantly depending on condition, box and papers, and the specific serial number (indicating the year of production). A pre-owned example in excellent condition can command prices ranging from several tens of thousands of dollars to well over $30,000, even exceeding $40,000 in some cases. However, a never-worn example, complete with its original box and papers, represents the pinnacle of value. These pristine specimens can fetch prices significantly higher, easily surpassing $40,000 and often reaching into the five-figure range, depending on the serial number and overall condition of the box and papers. The Z-series, being produced towards the end of the production run, is generally considered more valuable due to its proximity to the discontinuation date. This price increase isn’t simply driven by speculation; it reflects the watch's inherent rarity, its iconic status, and the increasing demand from collectors worldwide.
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