1/21
Winning Bid

$21,000

25 bids

No reserve
Auction Ended
07/20/21
At Jul 20, 4:11 PM UTC
Lot #1019

Rolex Submariner Green Anniversary Flat 4 Kermit 16610LV

This auction is subject to a 10% buyer’s premium on top of final bid amount (hammer price).

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Introduction

Debuting in 1953 and released to the public the following year, the Rolex Submariner has undoubtedly become one of the most iconic timepieces of all time thanks to its legendary status as Rolex's flagship dive watch. Used extensively by the British Royal Navy and professional diving operations like COMEX, the Submariner set the bar for all dive watches to follow. Featuring a genuinely timeless design that has remained relatively unchanged throughout its history, this Rolex has become the archetypal sports watch. With very few large-scale aesthetic upgrades made to it over the years except for timely advancements like introducing a date function to the collection in the late '60s, and its modern cerachrom bezels, the Submariner is seen as the prototypical dive watch thanks to its consistency. The Submariner has earned its status as a legendary watch, with it today remaining as one of the most sought-after timepieces around.

Released in 2003 as the Submariner's 50th-anniversary model, the Rolex Submariner ref. 16610LV "Kermit" is perhaps the most highly coveted 5-digit Submariner on the market. Like most Rolex models, the Kermit has some intricacies that set specific variants apart, much like the mark 1 "Flat Four" variant, so-called for the flat-four found in the '40' on its bezel. Produced for just a year before the four was changed to what remained until the model's discontinuation in 2010, the Mark 1 "Flat Four" is an exceedingly rare variant of the Kermit that is extensively sought-after by connoisseurs. Rolex fitted the Kermit with a green anodized aluminum bezel (which is where the model's nickname comes from) to celebrate its anniversary status. This was also the first time Rolex would use a color other than black on a stainless-steel Sub. Featuring vintage aspects like hollow center links but modern elements too, like solid end links and maxi-plot hour markers, the Kermit is a transitional timepiece that, for many collectors, marks the end of Rolex's golden period and the beginning of their move into the modern watches we see today.

Loupe This Scorecard

Grade

V9

Status

Vetted & Approved

Included

Box, Guarantee Paper, Manuals, Hang Tags, Submariner Anchor

Est. value range

$15,000 – $25,000

The Details

Brand

Rolex

Dimensions

40mm

Model

Submariner

Movement

Self-Winding, Caliber 3135

Reference

16610LV

Bracelet

Stainless Steel

Year

2004

Condition

Excellent

Material

Stainless Steel

Included

Box, Papers, Instruction Manuals, Hang Tags

Dial Color

Black

THE BEZEL

A birds-eye view at the special early anniversary Submariner bezel with the Flat 4 variation.

THE SERIAL

Part of the first series of the 16610LV Reference. The F series has many unique characteristics such as the Flat 4 bezel.

TIMING MACHINE READOUT

This reading was taken (crown down) with a ONEOF Accuracy Boutique Edition timing machine at time of cataloging. It is provided as a courtesy only, and shall not be construed as a warranty or guarantee of any kind. Please refer to our terms and conditions of sale for more information.

Condition

The overall condition of the watch is excellent. Bezel and dial are pristine, with no signs of any degeneration. The bracelet and case have mild surface abrasions, commonly seen with frequent use. Case is especially sharp and still retains the original finish.

Our Perspective

Finding a complete early 16610LV featuring the correct dial and "Flat 4" bezel insert is not an easy task. Here is one served to you on a silver platter- a truly complete and immaculate example for the most discerning of collectors. With the majority of examples being heavily worn, with aged and scratched bezel inserts, this one is a bona fide gem.

Justin Gruenberg

Co-founder

Thumbnail for Rolex Submariner Green Anniversary Flat 4 Kermit 16610LV
Lot # 1019

Rolex Submariner Green Anniversary Flat 4 Kermit 16610LV

Sold

$21,000

Ended
07/20/21