The Rolex Oyster Perpetual Date Submariner, affectionately nicknamed the "Kermit" for its vibrant green bezel, has cemented its place as a legendary timepiece in the horological world. This article delves into the allure of this iconic watch, focusing specifically on a 2008 example, while also exploring the broader context of Submariner pricing and variations. The example cited – a 2008 40mm Submariner Date 16610 LV with box, listed on Chrono24 for $13,493 + $175 shipping – serves as a compelling entry point into a discussion of the watch's value, market trends, and the factors influencing its price.
The 2008 16610 LV: A Collector's Dream
The reference 16610 LV, produced from 2003 to 2010, represents a specific and highly sought-after iteration of the Submariner. Its 40mm stainless steel case, paired with the distinctive green aluminum insert bezel, distinguishes it from its predecessors and successors. The "LV" in the reference number stands for "Lunette Verte," French for "green bezel." This vibrant green, a departure from the traditional black, instantly caught the eye of collectors and enthusiasts, establishing it as a modern classic.
The Chrono24 listing, with its price of $13,493 plus shipping, provides a valuable insight into the current market value of a well-preserved 2008 example. Several factors contribute to this price point:
* Rarity: Production of the 16610 LV ceased in 2010, making it a discontinued model. The limited production run compared to other Submariner references increases its desirability and, consequently, its price.
* Condition: The listing's mention of the original box significantly enhances the value. A complete set, including box and papers, commands a premium over watches sold without these accessories. The overall condition of the watch itself – the presence of any scratches, wear, or service history – also plays a crucial role in determining its worth. A pristine, well-maintained example like the one listed is expected to fetch a higher price.
* Market Demand: The Submariner, in general, and the green bezel variant specifically, enjoys immense popularity and consistent demand. This high demand drives prices upward, particularly for desirable models like the 16610 LV.
* Chrono24 Certification: The Chrono24 certification adds a layer of trust and verification, assuring buyers of the watch's authenticity and condition. This added assurance can justify a slightly higher price compared to uncertified listings.
Rolex Submariner with Date Price: A Comparative Analysis
Understanding the price of the 2008 16610 LV necessitates a broader look at the Rolex Submariner with date pricing landscape. The price varies considerably depending on several factors:
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