Questions Regarding 16610LV

[cdmorenot]

Hi all,

I assume this topic has been previously discussed but I could not find anything that truly answers my questions...

How long was the 16610LV produced for and why are there such swings in pricing between the different serial numbers.

For example, I see F serials and some early ones get top dollar while M serials seem to go for significantly low.

Sorry if this is a stupid question!

[japenney]

7 years I think. Price difference probably due to different dials ? I am not sure. I would think M serials would be high as they were some of the last ones made so that seems odd?

[cdmorenot]

Originally Posted by japenney

7 years I think. Price difference probably due to different dials ? I am not sure. I would think M serials would be high as they were some of the last ones made so that seems odd?

I made the same assumption but the active listings on here sort of contradict that theory...

Quite frankly, I'm puzzled. But what do I know!

[omitohud]

only the first edition usually Y n Early F serial which has different dial n insert r consider true anniversary sub. They command a higher premium as they were only produced less than a year so quite scarce.


I blame it on the autoconnect.

[Loevhagen]

The first: They are said to be the TRUE issue. Is that true? Not sure...

The one in the middle: Here we find the best bunch

The latest ones: As the title says - just a few but no special features

Sum-up: Ignore the s/n, the insert 4-font, the insert green colour and any other feature. Just enjoy the LV - and disregard any variation.

[Dirt]

Originally Posted by cdmorenot

Hi all,

I assume this topic has been previously discussed but I could not find anything that truly answers my questions...

How long was the 16610LV produced for and why are there such swings in pricing between the different serial numbers.

For example, I see F serials and some early ones get top dollar while M serials seem to go for significantly low.

Sorry if this is a stupid question!

Not a stupid question at all.

This has to be seen in context.
The model (Kermit sub) was brought out to commemorate the 50 anniversary of the first Submariner.

The earliest examples are generally deemed to be the absolute truest to form of the model.
Disregarding dial variations, a few key distinguishing features of the earliest/truest of the model and package are as follows.
1, A "flat 4" on the green rotating bezel insert.
2, No engraving on the Rehaut.
3, The traditional Rolex anchor was in the box.

The later versions of the model do not have these qualities and by extension the market doesn't value then as highly.

[Kiddodoc]

I researched them for quite some time before I pulled the trigger. The early models Y/F have a lime green bezel compared to the more emerald green dials that followed. They were still in production when I purchased mine for a fellow TRFer Micah. I have the early F series and it came in the old style box, the anchor as stated above and the lime green bezel with the flat 4 and no engraving on the rehaut. Most prefer the emerald green bezel than the lime but the Y/F series definitely will command a greater price.

[cdmorenot]

20161003_185222.jpg

I have an opportunity to pick this up at what I believe is a reasonable price.

Sent from my SM-N920T using Tapatalk

[Tools]

Originally Posted by cdmorenot

. .

For example, I see F serials and some early ones get top dollar while M serials seem to go for significantly low.

Sorry if this is a stupid question!

F serials were some of the first made when the variation came out in 2003 and so those would be the fewest and most closely related to any "anniversary" year.

M serials are all over the place and not as "collectible" as the more rare F serials..

Just like any other collected thing..

[Soultime]

I had a very early Y serial, which got stolen. It was my first Rolex.
Having noted how the price has jumped in the years since it was stolen, and done a bit of research - I now realise it was a VERY early model and would have been a good investment.

I have still got the papers for it.....

[omitohud]

If u r anal, technically only y serial is the true anniversary. It's the 50th anniversary not 51st.


I blame it on the autoconnect.

[Johny]

Originally Posted by cdmorenot

Hi all,

I assume this topic has been previously discussed but I could not find anything that truly answers my questions...

How long was the 16610LV produced for and why are there such swings in pricing between the different serial numbers.

For example, I see F serials and some early ones get top dollar while M serials seem to go for significantly low.

Sorry if this is a stupid question!

hi op. I think that production ceased around 2010. the final serials were G and random.

[Johny]

Originally Posted by Soultime

I had a very early Y serial, which got stolen. It was my first Rolex.
Having noted how the price has jumped in the years since it was stolen, and done a bit of research - I now realise it was a VERY early model and would have been a good investment.

I have still got the papers for it.....

hi. perhaps it could help in some way if you disclosed the complete serial on the forum.

[Hodog16]

Man getting Y and F serials were impossible. I was on maybe 3-4 wait lists at the time with zero buying history as it was my first. Finally got the call in 2006 on a D serial. Actually got offered another about a month later, so I would say D serial is when they started becoming easier to get. Did not have engraving and still came with polishing cloth and anchor.

MSRP I think was $4575 when I bought it. My sister still wears it now. Good times.

[red1108nyc]

Nice thread here on the more collectible initial production runs:

http://www.network54.com/Forum/20759...ary+Submariner

[The Libertine]

Originally Posted by cdmorenot

Attachment 791249

I have an opportunity to pick this up at what I believe is a reasonable price.

Sent from my SM-N920T using Tapatalk

Beautiful. Regret not buying when they first were released.

[cdmorenot]

Originally Posted by red1108nyc

Nice thread here on the more collectible initial production runs:

http://www.network54.com/Forum/20759...ary+Submariner

Wow.

Thank you !

Sent from my SM-N920T using Tapatalk

[Black Bay Dan]

They are all gorgeous watches.

Dan

[red1108nyc]

Agree they are all beautiful.. this D serial that I sold.. still looks beautiful doesn't it?

[Ravager135]

Great watch. Quirky for a Submariner and obviously transitional pieces. I had an opportunity to get one in 2008 but it was my first Rolex and I went with the more conservative black bezel instead. Had I known then what I know now I would have clearly picked up the 16610LV. They ooze "interesting" because they have the lines of the old case but have the maxi dial and of course the green bezel.

[JULIUS2B]

Y serial was getting out from APRIL 2003 and September 2003 and just 200 000 watches were made. Actualy a basic watch in good condition without papers its been sold around 8500-9000USD. A full set Box/Papers around 10 000 USD,and a full set New Old Stock,between 12 000-15 000USD. And this will not stop to increase price.Next 5-8 years will get 50% value as very collectible one

[omitohud]

Almost traded this for a hulk. Glad I hold off. 09/02 on the paper. One of the earliest production.



I blame it on the autoconnect.

[Passionata]

Originally Posted by JULIUS2B

Y serial was getting out from APRIL 2003 and September 2003 and just 200 000 watches were made. Actualy a basic watch in good condition without papers its been sold around 8500-9000USD. A full set Box/Papers around 10 000 USD,and a full set New Old Stock,between 12 000-15 000USD. And this will not stop to increase price.Next 5-8 years will get 50% value as very collectible one

I second that Y and F serials massive increase in the future but even the other serials will bring nice ROI.


iPhone/Tapatalk

[JULIUS2B]

Earlier serial Y called also BERTOLLI will increase a lot o the future,especialy unpolished case or NOS statement.
I found one in good condition and full set around 12500 euro(http://www.chrono24.ro/rolex/submari...3884087.htm).I bought mine in 2006 for 4000 euro.He took 300% in 10 years.......

[Mezz72]

the prices for the kermit seemed to be on the rise again.

[omitohud]

Originally Posted by JULIUS2B

Earlier serial Y called also BERTOLLI will increase a lot o the future,especialy unpolished case or NOS statement.
I found one in good condition and full set around 12500 euro(http://www.chrono24.ro/rolex/submari...3884087.htm).I bought mine in 2006 for 4000 euro.He took 300% in 10 years.......

Bertolli, so the Italians r calling it olive? I like Kermit better.


I blame it on the autoconnect.

[Passionata]

[Davey Boy]

[wisguy]

Earlier watches are more desirable.

Flat 4, oval O, middle R, wide swiss, etc

It's a great watch, probably my favorite Rolex, get one if you can.

[rodo]

yeah as Wisguy said, some of the early ones have the oval O.

IMO it's the most beautiful sub ever. The contrast between the green bezel and blue dial is stunning