Rolex - The Hong Kong Watch Auction: XV Hong Kong Monday, November 28, 2022 | Phillips

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  • Manufacturer: Rolex
    Year: Circa 2005
    Reference No: 16610LV
    Case No: D497’819
    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 “MA10”
    Dimensions: 40mm diameter
    Signed: Case, dial, movement, bracelet and clasp signed
    Accessories: Accompanied by Rolex guarantee stamped Chow Sang Sang Jewellery Co., LTD., Hong Kong dated 23rd December 2005, instruction manual, product literature, 2006 – 2007 calendar card, hang tags, plastic bezel protector, green card holder, outer packaging and fitted presentation box.

  • Catalogue Essay

    To mark the 50th anniversary of the iconic Submariner, Rolex released the ref. 16610LV in 2003 featuring for the first time a green bezel to celebrate the milestone. Overtime due to its obvious colour scheme, the reference was dubbed by collectors as “The Kermit” the cartoon frog. Produced until 2010, the model was replaced by the ref. 116610LV replaced with a Cerachrom bezel and a green dial, which earned its nickname “The Hulk” due to its maxi-style case and its monochromatic green scheme, for reference please see the next lot. Now recently discontinued, Rolex released the ref. 126610LV in 2020 going back to the original green bezel with a black dial, featuring a 41mm diameter case and an upgraded caliber, this time earning its nickname, “Starbucks”.

    The present example Rolex Submariner ref. 16610LV “Kermit” from circa 2005 is offered in “new-old-stock” condition and is complete with its full set of accessories.

  • 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
A fine and “new-old-stock” 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$80,000 - 160,000 

Sold for HK$163,800

Contact Specialist

Thomas Perazzi
Head of Watches, Asia
+852 2318 2001

The Hong Kong Watch Auction: XV

28 - 29 November 2022 (Online Registration ends 27 Nov, 2pm HKT)