The Rolex Submariner "Kermit," a watch that needs no introduction to seasoned horologists, has cemented its place in watch history. Its vibrant green bezel insert, a departure from the classic black, has captivated collectors and enthusiasts alike for decades. The recent iteration, reference 126610LV, continues this legacy, but its impact on the market is a compelling story in itself, one reflecting the enduring allure of Rolex and the volatile nature of the luxury watch resale market. This review will delve into the new Kermit, comparing it to its predecessor, exploring its current market value, and addressing the significant price discrepancies between its retail and pre-owned prices. We will also touch upon the broader market trends influencing its value, addressing common search terms like "Rolex Kermit watch for sale," "Rolex Submariner Kermit for sale," "Rolex Kermit for sale UK," "Rolex Submariner Kermit price," "Rolex Kermit 50th Anniversary," "Rolex Kermit price," "Rolex Submariner 50th Anniversary price," and even the unfortunate reality of "Rolex Kermit copy."
The New Kermit: Reference 126610LV
The 126610LV represents a significant evolution of the Kermit design. While retaining the iconic green bezel, it incorporates Rolex's latest advancements in watchmaking. This includes the calibre 3235 movement, a marvel of precision and reliability known for its superior power reserve (approximately 70 hours) and enhanced chronometric performance. The updated movement is housed within a slightly larger 41mm case, a subtle yet noticeable change from the previous 40mm case of the 16610LV. This larger size aligns with the current trend in larger sports watches, appealing to a broader range of wrist sizes. Beyond the movement and case size, subtle refinements to the bracelet and clasp also enhance the overall wearing experience. The updated Glidelock clasp offers superior adjustability, making it comfortable for various wrist sizes and situations. The overall aesthetic remains true to the Kermit's heritage, a perfect balance of classic design and modern functionality.
The Price Paradox: Retail vs. Resale
The official retail price for the new Rolex Kermit (126610LV) is currently set at $9,550. However, securing one at this price is a significant challenge. Demand far outstrips supply, leading to extensive waiting lists at authorized dealers. This scarcity, fueled by the watch's enduring popularity and Rolex's controlled production, drives the pre-owned market to astronomical heights. Currently, finding a pre-owned 126610LV will cost you approximately $23,000, a substantial premium over the retail price. This considerable markup highlights the strong secondary market for desirable Rolex models.
Comparing to the Predecessor: The 16610LV
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