The Rolex Submariner, a name synonymous with diving prowess and horological excellence, has captivated collectors and enthusiasts for decades. Among its many iterations, the green-faced Submariner, affectionately nicknamed the "Hulk," holds a special place. Its vibrant green bezel and matching dial have become iconic, driving demand and establishing it as a highly sought-after timepiece. Understanding the price of a Rolex Submariner with a green face, however, requires exploring various factors, model variations, and market trends. This article will delve into the intricacies of pricing for these coveted watches, focusing on the popular 116610LV and related models.
The Rolex Submariner 116610LV "Hulk": A Legend in Green
The Rolex Submariner 116610LV, often referred to as the "Hulk," is the most recognizable green-faced Submariner. Released in 2010, it celebrated the model's legacy with a striking combination of a bright green ceramic bezel and a matching green dial. This wasn't just a simple color change; the ceramic bezel represented a significant technological advancement for Rolex, offering superior scratch resistance and color retention compared to its aluminum predecessors. The 116610LV also featured the robust and reliable Calibre 3135 movement, known for its accuracy and longevity.
The discontinuation of the 116610LV in 2020 further fueled its desirability. Collectors and enthusiasts now recognize it as a limited-production model, a factor that significantly impacts its price in the secondary market. Finding a pre-owned 116610LV in excellent condition requires careful research and often involves paying a premium over its original retail price.
Factors Affecting the Price of a Green-Faced Submariner:
Several key factors influence the price of a pre-owned Rolex Submariner with a green face, including the specific model, its condition, and current market trends. Let's examine these factors in detail:
* Model Year and Condition: The age and condition of the watch are paramount. A mint-condition, unpolished 116610LV from the early years of its production will command a higher price than a later model showing signs of wear. Scratches, dents, and imperfections on the case, bracelet, or crystal will all reduce its value. The presence of the original box and papers (warranty card) significantly enhances the value and provides provenance.
* Market Demand and Trends: The luxury watch market is dynamic, influenced by various factors like economic conditions, celebrity endorsements, and limited releases. High demand and low supply, as is currently the case with the 116610LV, directly impact pricing. The popularity of the green Submariner remains consistently high, making it a strong investment for collectors.
* Authenticity and Provenance: Verifying the authenticity of a pre-owned Rolex is crucial. Purchasing from reputable dealers or authorized retailers mitigates the risk of purchasing a counterfeit. Documentation such as the original warranty card and service history can add considerable value and instill confidence in the buyer.
* Dealer Markup and Location: The price you pay can vary depending on the retailer. Authorized dealers will typically sell new Rolex watches at their suggested retail price, while pre-owned watches are often priced at a premium reflecting market demand and the dealer's overhead. Geographical location can also play a role, with prices potentially differing between countries due to import taxes and local market dynamics.
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