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The Rolex Submariner ref. 16610LV, affectionately known as the “Kermit”, marked a defining moment in Rolex history. Introduced in 2003 to celebrate the Submariner’s 50th anniversary, it was the first Submariner ever produced with a green bezel, a bold and deliberate departure from Rolex’s traditionally conservative palette.
This example dates to 2009, placing it firmly in the later years of production, a period many collectors favour for improved manufacturing consistency, strong bezel inserts, and mature execution of the reference before discontinuation.
Offered here as an exceptionally comprehensive full set, this is a superb opportunity to acquire one of the most important neo-vintage Rolex sports models in genuinely complete form.
Key Features
Rolex Submariner Date ref. 16610LV
Year 2009
Automatic Rolex calibre 3135
40mm stainless steel Oyster case
Original green aluminium bezel insert in very good condition
Original black dial
Sapphire crystal
Rolex 93250 Oyster bracelet with diver’s extension
A Word on Condition
The case remains in very good overall condition, retaining strong lines and an honest appearance consistent with careful ownership. The green bezel insert is particularly well preserved, showing none of the heavy wear often seen on earlier examples.
The bracelet is complete with its diver’s extension and presents well, making this a watch that can be confidently worn or preserved as part of a collection.
Set and Provenance
This watch is accompanied by a complete and desirable set, which significantly elevates its collectability:
Original Rolex inner and outer boxes
Original Rolex warranty dated 2009
Original purchase receipt from Goldsmiths, Canary Wharf (2009)
Rolex wallet
Oyster booklet
Submariner booklet
Serial number swing tag
Chronometer swing tag
Original bezel protector
Sets of this depth are becoming increasingly difficult to find, particularly with original purchase receipts and both swing tags present.
Collector Insight
The Kermit has evolved from a celebratory anniversary model into one of the most important neo-vintage Submariners. It represents the beginning of Rolex’s modern use of colour as a defining design language, paving the way for models such as the Hulk and Starbucks.
Late-production examples like this one, especially when paired with comprehensive sets, are increasingly viewed as the sweet spot for collectors. As unmolested, complete examples are absorbed into long-term collections, availability continues to tighten.
Why Buy This Watch
Iconic anniversary Submariner
Late-production 2009 example
Exceptionally comprehensive full set
Original purchase receipt and swing tags
Strong condition throughout
One of the most recognisable and desirable neo-vintage Rolex sports watches
Every watch we sell is fully inspected and professionally serviced to meet our exacting standards. All purchases are supplied with bespoke Watts On Watches packaging, full purchase documentation, and a 12-month Watts On Watches warranty.
This is a serious Kermit for a serious collector. I may not like the term ‘Collectors Set’ but it could be appropiate for this piece.