In 2003, Rolex marked a significant milestone – the 50th anniversary of its iconic Submariner dive watch. Instead of a subdued commemoration, the brand unleashed a vibrant celebration in the form of the reference 16610LV, affectionately nicknamed the "Kermit" due to its striking resemblance to the Muppet's bright green hue. This wasn't just another Submariner; it was a collector's dream, a testament to Rolex's enduring legacy, and a watch that continues to command significant attention and value in the pre-owned market. This article delves into the history, desirability, and enduring appeal of the Rolex 50th Anniversary Submariner, addressing key aspects such as its discontinuation, pricing, sales trends, reviews, and its place in Rolex history.
Rolex 50th Anniversary Submariner Discontinued:
The Rolex Ref. 16610LV, the 50th-anniversary Submariner, enjoyed a relatively long production run, spanning from 2003 to 2010. However, its discontinuation marked the end of an era. The decision by Rolex to cease production of the 16610LV wasn't publicly announced with fanfare; it simply faded out of catalogs, fueling the demand and legend surrounding this particular model. The scarcity created by its discontinuation is a primary factor contributing to its soaring value in the secondary market. Collectors understand that this isn't just a watch; it's a piece of Rolex history, a limited-edition model that's no longer being produced, making it a highly sought-after collectible. The discontinuation solidified its position as a coveted piece within the Rolex community and beyond.
Rolex Submariner 50th Anniversary Price:
The price of a pre-owned Rolex 50th Anniversary Submariner (Ref. 16610LV) has experienced a dramatic increase since its discontinuation. Initially, it was a relatively accessible model within the Rolex ecosystem, but its current value reflects its status as a highly sought-after collectible. Several factors influence the price, including condition, box and papers (original packaging and documentation), and the overall market demand. A watch in pristine condition with complete documentation can fetch significantly higher prices than one with minor imperfections or missing accessories. The price also fluctuates based on the current market trends for luxury watches and the general economic climate. While precise pricing is impossible to definitively state without examining a specific example, expect to pay a substantial premium over its original retail price. Online auctions and reputable pre-owned watch dealers provide insights into the current market value, although prices vary considerably depending on the factors mentioned above. It's crucial to conduct thorough research and only purchase from trusted sources to avoid potential scams or overpaying.
Rolex 50th Anniversary Submariner Sale:
The sale of pre-owned Rolex 50th Anniversary Submariners is a vibrant market. Numerous online platforms and reputable watch dealers specialize in the sale of luxury watches, including this particular model. The demand consistently outstrips supply, making it challenging to find one at a reasonable price. Patience and persistent searching are key to securing a desirable example. Buyers should be wary of counterfeit watches, emphasizing the importance of purchasing from established dealers with a proven track record and authenticity guarantees. Inspecting the watch thoroughly, or having it professionally authenticated, is crucial before committing to a purchase. The sale of these watches often involves substantial sums of money, making due diligence paramount.
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