The Rolex Submariner, a name synonymous with diving prowess and enduring style, has captivated watch enthusiasts for decades. Within its rich history, certain models stand out, achieving iconic status. Among these coveted pieces is the Rolex Submariner Date 16610LV, affectionately nicknamed the "Kermit" due to its vibrant green bezel. This article delves into the specifics of a 2009 Rolex Submariner Kermit (reference 16610LV) currently listed for $15,000, exploring its value, condition, and place within the broader context of the Submariner market. We'll also examine related models and pricing trends to provide a comprehensive understanding of this highly sought-after timepiece.
The 2009 Rolex Submariner 16610LV: A Detailed Look
The listing details paint a picture of a well-maintained example of the 16610LV. The reference number 16610LV confirms its identity as a Submariner Date with the iconic green aluminum bezel insert. The mention of an "engraved rehaut" is a key detail, indicating that the serial number is engraved on the inner bezel flange – a feature common to this generation of Submariners. The year 2009 places this watch within the production run of this specific reference, which was discontinued in 2010, making it a highly desirable piece for collectors. The "very good" condition suggests that while not pristine, the watch is in excellent working order and exhibits minimal signs of wear, making it an attractive option for both collectors and enthusiasts looking for a daily wearer.
The $15,000 price point requires careful consideration within the current market. Determining the precise value requires a detailed examination of factors including the watch's overall condition, box and papers (original packaging and documentation), service history, and the current market trends. While the asking price might seem high at first glance, it aligns with the current market value of well-preserved 16610LV models, especially considering the engraved rehaut detail. We will further explore the factors influencing pricing in the sections below.
Rolex Submariner Green Bezel Price: A Market Overview
The price of a Rolex Submariner with a green bezel, particularly the 16610LV, is significantly influenced by several factors. The most crucial factor is the watch's condition. A pristine, unpolished example with original box and papers will command a premium price. Scratches, dents, or signs of heavy wear will naturally lower the value. The presence of the original box and papers also adds significant value, as it provides provenance and authenticity. A service history from an authorized Rolex service center further enhances the watch's desirability and price.
The year of manufacture also plays a significant role. As the 16610LV was discontinued in 2010, examples from earlier years, particularly those closer to its initial release, tend to be more valuable. The 2009 model falls within this desirable timeframe. The market, however, is dynamic, and prices fluctuate based on supply and demand. Increased demand, often fueled by media attention or collector interest, can drive prices upwards.
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