2003 Rolex Green Submariner "Kermit" (Ref. 16610LV) Mk. I Dial "Flat 4" W/ Full Set

Introduced at Baselworld 2003 to commemorate the 50th anniversary of the Submariner, the Rolex ref. 16610LV marked a milestone in the model’s history. Nicknamed the “Kermit” for its striking green bezel paired with a black dial, it stands as the first anniversary edition Submariner and the predecessor to later green-accented models such as the “Hulk” and “Starbucks.”

While closely related to the standard Submariner Date ref. 16610, the 16610LV features a bright green aluminum bezel insert and a “Maxi” dial with larger Super-LumiNova-filled hour markers—details that lend it a bolder, more contemporary presence. Like its sibling reference, it offers 300 meters (1,000 feet) of water resistance, a robust 904L stainless steel case, the Triplock crown system, and the solid-link 93250 Oyster bracelet with flip-lock clasp and 801 end links.

Over the years, the “Kermit” has earned modern-classic status, captivating both modern and vintage enthusiasts with its array of subtle dial and bezel variations that have fueled passionate collector interest.

Offered here is an exceptional first-series “Flat 4” example—complete with its original accessories and Rolex guarantee—representing a true time capsule. Early executions of the ref. 16610LV have become among the most coveted modern Submariners, celebrated for their transitional design details and historical significance within the lineage.