The Rolex Submariner, a name synonymous with diving prowess and timeless elegance, has captivated watch enthusiasts for decades. Among its various iterations, the green-bezel Submariner, affectionately nicknamed the "Kermit," holds a particularly coveted place. This article delves into the world of brand new and pre-owned green Submariners, exploring their pricing, history, and the factors influencing their value. We'll specifically examine the allure of a NOS (New Old Stock) stickered 2003 model, highlighting the differences between various versions and providing a comprehensive overview of the market.
A NOS Treasure: The 2003 Rolex Submariner Kermit (16610LV)
The listing of a NOS stickered 2003 Rolex Submariner Kermit (16610LV) for $59,493 + $175 shipping immediately captures attention. The "NOS" designation signifies "New Old Stock," meaning the watch is unworn and remains in its original condition, complete with its original factory stickers. This pristine example from 2003, boasting the coveted flat four-line dial and F-serial number, represents a significant investment, reflecting the exceptional demand for this particular reference. The price, while substantial, is justified by the rarity and condition of the piece. Finding a truly unworn Kermit from this era is exceptionally difficult, making this a highly desirable acquisition for serious collectors. The F-serial number further adds to its desirability, placing it within a specific production period known for its quality and sought-after characteristics.
Rolex Submariner Green Bezel Price: A Spectrum of Value
The price of a Rolex Submariner with a green bezel varies significantly depending on several factors:
* Year of Manufacture and Reference Number: The 16610LV (Kermit) and the subsequent 116610LV (Hulk) command different prices, with the 16610LV generally fetching higher prices due to its discontinued status and its place in Rolex history. The year of manufacture within each reference also plays a role, with earlier examples often being more valuable.
* Condition: As demonstrated by the NOS 2003 example, a watch's condition dramatically impacts its value. Unworn, stickered pieces are the most expensive, followed by watches in excellent condition with minimal signs of wear. Scratches, dents, and service history all influence the price.
* Box and Papers: The presence of the original box and papers (warranty card, booklets) significantly increases a watch's value. A complete set adds to its authenticity and desirability.
* Market Demand: The current market climate and overall demand for Rolex Submariners, especially the green-bezel versions, impact pricing. High demand leads to higher prices, and vice versa.
Pre-Owned Rolex Submariner Price: Navigating the Secondary Market
The pre-owned Rolex Submariner market is vast and dynamic. Prices for pre-owned green Submariners can range considerably, depending on the factors mentioned above. Generally, pre-owned examples will be significantly less expensive than their NOS counterparts, offering a more accessible entry point for those seeking a green Submariner. However, it's crucial to conduct thorough research and purchase from reputable dealers to avoid counterfeit watches or those with undisclosed issues. Understanding the nuances of different reference numbers and their associated features is essential to making an informed purchase.
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