There was a Rolex Submariner “Kermit” long before there was ever a “Hulk.” The Kermit has become a highly sought after watch since its 2003 limited release. But it hasn’t always been a Rolex enthusiast favorite. Most fans were shocked (and not in a good way) to see green on a Submariner, while only a few embraced the update.

Rolex Submariner “Kermit” 16610LV


The Submariner had long established itself as a Rolex icon. It’s one of the most influential and recognizable watches on the market. Past, present, and future. Period. When its 50th year anniversary rolled around, consumers weren’t expecting the “Kermit.”

This particular Rolex Submariner wasn’t significantly different than earlier models, except for a flashy green bezel. But why green? Rolex had already released other watches in the green color– Datejusts, Day-Dates, and an Air-King.

Related: The Air-King Then and Now

Strategic innovation–that’s why. A Submariner represented refined class and timeless tradition. This new Rolex Submariner “Kermit” attracted a new following. Those that weren’t scared to think outside the box, nor had any intention of blending in.


The LV part of reference number 16610LV stands for lunette verde– green bezel. Green was chosen for its synonymous role in Rolex branding. It was the perfect choice for a 50th anniversary release. This green bezel is made of corrosion-resistant 904L stainless steel.


A black dial features a less notable update with the “Maxi” setup . Basically this meant the hour markers and minute hand were slightly larger.

Case and Bracelet

Similar to previous models, the Rolex Submariner “Kermit” boasts a 40mm Oyster case and a flat link stainless steel Oyster bracelet.


A workhorse 3135 calibre allows the Kermit a movement at 31-jewels. It beats at a 28,800 vph frequency with a 50-hour power reserve.

Technical Specs

Reference Number



Stainless Steel, 40 mm


3135 automatic






300 m (1,000 ft)


Stainless Steel Oyster w/ Oysterlock clasp

Final Thoughts

Because the “Kermit” was only in production for seven years, it will continue to increase in value. As a matter of fact, it’s appreciated a lot quicker than other Rolex releases of the same era. We think it’s a great watch– a perfect blend of classic Rolex and innovative spirit.

If you are interested in purchasing your own Rolex Submariner, give us a call or fill out our contact form. Check out our Facebook page for box openings and watch reviews by our in-house watch expert Sergio Nuncio!

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