The Rolex Submariner needs no introduction. A legend in its own time, this iconic dive watch has graced wrists from seasoned explorers to Hollywood A-listers, solidifying its place as a timeless symbol of luxury and performance. But among the many iterations of this celebrated timepiece, the 50th-anniversary edition, affectionately known as the "Kermit," holds a special place in the hearts of collectors and enthusiasts alike. This article delves deep into the history, specifications, and enduring appeal of this remarkable watch, examining its legacy and its current position in the collector's market.
The Original Rolex ‘Kermit’ – 50th Anniversary: A Green Milestone
To understand the significance of the 50th-anniversary Submariner, we must first trace its lineage. Rolex, initially operating as 'Wilsdorf & Davis' in 1905, established itself as a purveyor of precision timekeeping. The company's relocation to Switzerland in 1908 and subsequent renaming to 'Rolex' marked a pivotal moment in its journey towards global recognition. Over the decades, Rolex consistently pushed the boundaries of horological innovation, culminating in the creation of the Submariner in 1953 – a watch specifically designed to withstand the rigors of underwater exploration.
The 50th-anniversary model, launched in 2003 (referencing the Submariner's 1953 debut, not Rolex's founding), was a celebration of this milestone. This particular edition, the reference 16610LV, distinguished itself from its predecessors with a striking green bezel insert, a vibrant hue that earned it the nickname "Kermit," a playful reference to the popular Muppet character. This wasn't merely a cosmetic change; the green bezel, a departure from the traditional black, represented a bold statement, signaling a new chapter in the Submariner's illustrious history. It signified Rolex's commitment to innovation while staying true to the core values of durability and precision that defined the Submariner's legacy.
Rolex 50th Anniversary Submariner Discontinued: The End of an Era
The 16610LV, the "Kermit," was discontinued in 2010, replaced by the current generation of Submariners. This discontinuation immediately propelled the 16610LV into the realm of highly sought-after collector's items. The limited production numbers during its seven-year run, combined with its instantly recognizable and aesthetically pleasing green bezel, contributed significantly to its escalating value. The fact that it marked a specific anniversary further enhanced its desirability amongst collectors, making it a coveted piece in any serious Rolex collection. The discontinuation, therefore, marked not an end, but a transformation – the Kermit’s legacy transitioned from a readily available luxury watch to a highly sought-after piece of horological history.
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