Rolex - The Hong Kong Watch Auction: XIV Hong Kong Friday, May 27, 2022 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2007
    Reference No: 16610LV
    Case No: Z370'234
    Model Name: Submariner, “Kermit”
    Material: Stainless steel
    Calibre: Automatic, cal. 3135, 31 jewels
    Bracelet/Strap: Stainless steel Rolex Oyster bracelet, max length 195mm
    Clasp/Buckle: Stainless steel Rolex Oyster deployant clasp stamped “OP9” and “93250”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee stamped Zong Chong Watch Co. China dated 1st April 2007, instruction manual, leather holder, fitted presentation box and outer packaging.

  • Catalogue Essay

    Aptly nicknamed as “The Kermit” with a Rolex green bezel against the Submariner black dial that strongly reminiscent of the beloved muppet Kermit the Frog, the reference 16610LV was a model launched in 2003 for Rolex’s 50th anniversary of the coveted crown jewel of the firm, the Submariner. With 7 years of production span until 2010, the present model with a flare of green has been one of collector’s favourite variant amongst all. Fitted with an MK4 dial variation which is correct to the period of production. Rolex relaunched the ref. 122610LV in 2020 with design aesthetics that remains faithful to the original “Kermit”, but with an extra modest 41mm case size and an upgraded Cerachrom bezel insert coloured in green that gives the extra appeal as well as everlasting longevity.

    The present Rolex Submariner ref. 16610LV from circa 2007 without any wrist-action is preserved in like-new condition overall condition. With its partial original factory stickers still intact on its caseband and caseback, this Kermit is accompanied with its original guarantee and set of accessories.

  • Artist Biography

    Rolex

    Swiss • 1905

    Founded in 1905 England by Hans Wilsdorf and Alfred Davis as Wilsdorf & Davis, it soon became known as the Rolex Watch Company in 1915, moving its headquarters to Geneva in 1919. Like no other company, the success of the wristwatch can be attributed to many of Rolex's innovations that made them one of the most respected and well-known of all luxury brands. These innovations include their famous "Oyster" case — the world's first water resistant and dustproof watch case, invented in 1926 — and their "Perpetual" — the first reliable self-winding movement for wristwatches launched in 1933. They would form the foundation for Rolex's Datejust and Day-Date, respectively introduced in 1945 and 1956, but also importantly for their sports watches, such as the Explorer, Submariner and GMT-Master launched in the mid-1950s.

    One of its most famous models is the Cosmograph Daytona. Launched in 1963, these chronographs are without any doubt amongst the most iconic and coveted of all collectible wristwatches. Other key collectible models include their most complicated vintage watches, including references 8171 and 6062 with triple calendar and moon phase, "Jean Claude Killy" triple date chronograph models and the Submariner, including early "big-crown" models and military-issued variants.

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Ref. 16610LV
A fine, “like-new” and attractive stainless steel diver’s wristwatch with center seconds, date, bracelet, guarantee and presentation box

Circa 2007
40mm diameter
Case, dial, movement, bracelet and clasp signed

Estimate
HK$115,000 - 195,000 
€14,700-24,800
$14,700-25,000

Sold for HK$214,200

Contact Specialist

Thomas Perazzi
Head of Watches, Asia 
+852 2318 2001
WatchesHK@phillips.com

The Hong Kong Watch Auction: XIV

Hong Kong Auction 27 - 28 May 2022