Rolex - The Hong Kong Watch Auction: XI Hong Kong Saturday, November 28, 2020 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2005
    Reference No: 16610LV
    Case No: D495’909
    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
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee dated 5th October 2006 stamped Eldorado Watch Co., Ltd., Hong Kong, instruction manual, product literature, plastic bezel protector, hang tags, outer packaging and fitted presentation box.

  • Catalogue Essay

    In 2003, Rolex celebrated their 50th anniversary of the coveted Submariner model by launching the Submariner ref. 16610LV, featuring for the first time a green bezel insert. An instant success at launch, the desirable green bezel is loved by many as it is somewhat the signature color of the Swiss manufacturer and earned its nickname “The Kermit”. The reference was officially discontinued in 2010 making way for the 116610LV (please see next lot) with an upgraded “Maxi-style” case, a green dial and a green Cerachrom bezel insert earning its nickname “The Hulk”. However, that was also recently discontinued in 2020 with the launch of the new Rolex Submariner ref. 122610LV paying extreme resemblance to the “Kermit” as it once again features a green Cerachrom bezel with a black dial and a larger case at 41mm.

    The present Rolex Submariner ref. 16610LV from circa 2005 with a “D” serial is presented in “New Old Stock” condition with all its factory protective elements intact with no signs of use and wear. Furthermore, it is also accompanied by the full set of accessories including a guarantee stamped by local Hong Kong retailer Eldorado Watch Co. The present example is definitely one not to miss.

  • Artist Biography


    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
An attractive and very well-preserved stainless steel diver’s wristwatch with center seconds, date, bracelet, guarantee and presentation box

Circa 2005
40mm diameter
Case, dial, movement, bracelet and clasp signed

HK$66,000 - 100,000 

Sold for HK$176,400

Contact Specialist

Thomas Perazzi

Head of Watches, Asia
+852 2318 2031

The Hong Kong Watch Auction: XI

Hong Kong Auction 29 November 2020