The year 2003 marked a significant moment in the history of the Rolex Submariner, a watch synonymous with diving prowess and enduring style. While not an officially declared "anniversary" year by Rolex themselves, 2003 holds a special place in the hearts of collectors due to the introduction of the highly sought-after 16610LV, affectionately nicknamed the "Kermit" for its vibrant green bezel insert. This article will explore the 2003 Rolex Submariner, its significance within the broader Submariner lineage, and delve into the factors contributing to its current market value, exemplified by the example of a NOS (New Old Stock) stickered piece listed at $59,493 + $175 shipping.
The 2003 Rolex Submariner Price: A Collector's Market
The price quoted for the NOS stickered 2003 Rolex Submariner 16610 LV Kermit – $59,493 – reflects the intense collector demand for this particular model. This price point is significantly above the original retail price, highlighting the substantial appreciation this watch has experienced over the years. Several factors contribute to this premium:
* Rarity: The production run of the 16610LV Kermit was relatively short, making it less common than other Submariner models. This scarcity drives up demand amongst collectors. The "NOS stickered" condition further enhances its rarity, as the watch remains in its original, untouched state.
* Condition: A NOS watch is essentially a new, unworn watch, still possessing its original protective stickers and packaging. This pristine condition is highly valued by collectors who prioritize the preservation of the watch's original state. Any imperfections, even minor ones, can significantly impact the value of a used Submariner.
* Aesthetic Appeal: The vibrant green bezel insert of the Kermit is a striking feature that sets it apart from other Submariner models. This unique aesthetic is a major draw for collectors, adding to its desirability and market value.
* Investment Potential: The Rolex Submariner, in general, has a strong track record of appreciating in value over time. The Kermit, due to its rarity and desirability, is particularly well-regarded as a potential investment piece.
Understanding the 2003 Rolex Submariner price requires considering these factors in conjunction with prevailing market trends and the overall health of the luxury watch market.
Rolex Submariner Year Chart: Tracing the Evolution
To fully appreciate the 2003 Kermit, it's essential to place it within the broader context of Rolex Submariner history. A Rolex Submariner year chart would reveal a fascinating evolution of design, materials, and movements:
* Early Models (1950s-1960s): These early Submariners are highly collectible, known for their simple, functional designs and historical significance. They often feature features that differ significantly from later models, making them highly desirable to collectors.
* The 1680 (1960s-1970s): The introduction of the date function marked a significant change. The 1680, with its iconic date cyclops, became a popular choice.
current url：https://hbbsvi.k443s.com/bag/rolex-submariner-anniversary-2003-47410