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Project X Submariner Ceramic STEALTH Mk III and IV: What Changed

The Mk III removed the crown guards; the Mk IV kept them and added a matte black carbon coating. Both were Project X customizations, not official Rolex editions.
Estimate2–3 min Catalogued SpecialistWatchRanker Team
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The Project X Submariner Ceramic STEALTH Mk III and Mk IV were reported in 2011 as customizations of the ceramic Rolex Submariner—not official Rolex editions. Their clearest difference was the case: the Mk III lost its crown guards and had a satin finish, while the Mk IV kept its crown guards and received a matte black carbon coating. Both were described with a blacked-out bezel, no cyclops, reed-green STEALTH dial text, fixed bars and NATO straps.

What were the Project X STEALTH Mk III and Mk IV?

Project X Designs customized the ceramic Rolex Submariner to create the STEALTH Mk III and Mk IV. Monochrome’s 24 February 2011 account explicitly described the Mk III as based on the Submariner Ceramic Rolex had released at Baselworld the previous year. That is contemporary reporting, not a Rolex statement. Monochrome also said Rolex and Project X had no official connection, so neither watch should be described as a factory Rolex edition. Monochrome Watches

How did the Mk III and Mk IV differ?

Feature Mk III Mk IV
Crown guards Removed Retained
Case treatment Satin finish, as characterized by Monochrome Matte black carbon coating
Historical launch price £8,750, announced by Monochrome Watches in 2011 £9,950, announced by Monochrome Watches in 2011

The contemporary reports described both versions with a black-out bezel, removed cyclops, reed-green STEALTH lettering on the dial, military-style fixed bars and NATO-strap presentation. Monochrome said the fixed bars prevented attaching the original steel bracelet. The reports do not state strap width, and they do not establish compatibility with any particular replacement strap. Monochrome Watches · OceanicTime

What were the edition sizes and delivery dates?

Monochrome reported that each version was limited to 28 pieces. It announced planned deliveries for the Mk III at the end of March 2011 and for the Mk IV in early April 2011. OceanicTime’s 6 March 2011 report also described both as 28-piece editions and gave the same prices and late-March-to-early-April delivery window. These are launch-era statements, not evidence that either model is available now. Monochrome Watches · OceanicTime

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#1 Best Overall
Sale
watchdives Automatic Watch for Men - WD5512B ST2130 Sub Diver Watch 40mm Sapphire Crystal Wristwatch 200m Waterproof Watches Unidirectional Ceramic Bezel Super Luminous Black
  • Refined Design & Upgraded Movement: Compared to the WD5512 V2 PT, the WD5512B features a reduced inner rehaut slope for a cleaner, flatter dial appearance. Powered by the reliable ST2130 high-beat automatic movement (28,800 bph) for smoother sweeping and better accuracy.
  • Premium Materials: Crafted from solid 316L stainless steel with a sunburst blue or enamel black dial. Features a sapphire crystal with AR coating and a 2.5x date window convex magnifier for easy date reading.
  • Pro-Grade Bezel & Luminous: Unidirectional 120-click chronograph bezel with a scratch-resistant ceramic top ring and a luminous marker at 12 o’clock. Filled with BGW-9 blue light luminous on hands and markers for superior low-light visibility.
  • Built For Water - Solid Diver Construction: Compact 40mm case (48mm lug-to-lug) with an ultra-slim 11.8mm profile. Both crown and case back are screw-down design, delivering reliable water resistance for swimming, snorkeling, and everyday wet conditions.
  • New Upgraded Clasp: Comes with our latest dual push-button clasp featuring 5 micro-adjustment holes, offering better comfort, precise fit, and enhanced security—easily adjust without tools.

What is known about the military inspiration?

OceanicTime attributed the design inspiration to the Royal Marines’ Special Boat Service (SBS) and described the case-back motif and motto as related to SBS insignia. The available contemporary coverage does not establish a definitive military-history account, so the watches’ inspiration should not be expanded into broader claims about the SBS. Monochrome’s article contains a corrected historical error about the relationship between the SBS and SAS; its original claim should not be repeated as fact. OceanicTime · Monochrome Watches

Best Value
ADDIESDIVE Slim Dive Watches for Man Waterproof 200 M Sapphire Crystal Ceramic Bezel BGW9 Luminous Fashion Analog Watch Shutter Texture Dial
  • Premium build: Synthetic sapphire crystal, BGW9 luminous, 120 click unidirectional ceramic bezel, date display, 12 mm thin 316L stainless steel case, with a uniquely designed shutter textured dial, high- contrast grooves catch shadows like real blinds
  • Sapphire Crystal: Scratch-resistant flat sapphire crystal with AR coating provides excellent clarity and scratch resistance for a wide range of environments
  • Waterproof Watch: This watch is water resistance up to 200 m. It’s a great choice for swimming, diving, and daily use, with a screw-down crown and case back for added protection
  • Watch Dimensions: Case diameter 43.8 mm, lug to lug length 46.8 mm, lugs Width 20 mm, case thickness 12 mm, crown diameter 6.3 mm, weight 180 g. Fits 6" to 8.5" wrists
  • Ideal Presents: Ready for swimming, diving & pool parties. Great for husbands, dads, boyfriends & adventure-loving friends. Dive-tested durability meets everyday style
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ADDIESDIVE Men's Dive Watch 8215 Mechanical Movement 200 M Ceramic Rotating Bezel Sapphire BGW9 Super Lume Sophisticated Black Automatic Dress Watches for Men
  • Premium Material:Equipped with a precise Japanese 8215 movement, this dive watch guarantees accuracy.Sapphire crystal outperforms mineral glass with its superior hardness, scratch resistance, and clarity
  • Unique Design:The AD2085 men's automatic watch features large, easy-to-read numbers, a rotating ceramic bezel that's easy to grip and turn, combining practicality with stylish design
  • Versatile Function:Water-resistant to 200 M,this waterproof watch is ideal for diving.The luminous feature aids night-time readability,Clearly visible underwater,enhancing its outdoor functionality
  • Size:Case diameter:42.6mm;Bezel diameter:40.5mm;Case length:48mm;Case thickness:13.5mm;Lug size:20mm;Watch weight:173g;
  • Exquisite Presents for Gentlemen:This wristwatch, a masterpiece of classic design and superb quality, serves as a heartfelt present for fathers, husbands, sons, brothers, boyfriends, friends, and beyond. It's ideal for marking life's precious moments, significant milestones, or just as a simple token of appreciation
Rank #3
Sale
San Martin Men Watch SN0017G-F, 40 mm 20 Bar Diver Watch ST2130 Automatic Mechanical Luxury Diving Waterproof Wrist Watch
  • ST2130 Automatic Movement: This men's dive watch is equipped with the ST2130 self-winding mechanical movement—a premium 28,800 vph (4Hz) caliber built on the classic ETA 2824-2 design. Engineered for everyday durability, it features shock resistance and a hacking function for precise second-by-second time setting. The movement also supports bidirectional automatic winding, is constructed with 26 jewels, and delivers a power reserve of up to 42 hours
  • Fine Workmanship: Our automatic watch case combines marine-grade 316L stainless steel (superior to standard 304 steel) with a domed sapphire crystal bubble glass and cyclops date window (2.5 times amplification effect), featuring inner AR blue coating – creating an indestructible timepiece that maintains crystal clarity in any environment. Designed for professional divers and watch enthusiasts who refuse to compromise
  • 20Bar Water Resistant: Our SN0017G-F professional mechanical dive watch delivers true 20Bar/200-meter water resistance, built to meet ISO 6425 dive watch standards. The screw-down crown is a riple-sealed system that prevents water intrusion. And with the double gasket system - Reinforced at crown, case back, and crystal. Suitable for professional marine activities, swimming, water sports, and daily wearing
  • BGW9 Blue Light: Its hands and hour markers feature Super Luminous BGW9 blue light, which can last for at least 5 hours in the dark and can absorb and store light energy in a bright environment quickly. Luminous wristwatches allow you to grasp the time without fear of the dark
  • Ideal Present for Men: Its precise timekeeping and impressive features, make it a popular choice among professional divers and outdoor enthusiasts. Whether you're exploring the depths of the ocean or simply going about your day-to-day activities, this watch will never let you down, It is a perfect present for your father, husband, or boyfriend
Rank #2
ADDIESDIVE Classic Quartz Watches for Men Stainless Steel Band Rotating Bezel 200M Diving Waterproof Wrist Watch Outdoor Watch
  • Classic Style: rotatable bezel function with 120° unidirectional rotation, Japanese quartz movement with date function, enlarged date window at 3 o'clock, rotatable bezel, can be used as a chronograph or second time zone timer.
  • Dimensions: Case Diameter: 41 mm; Case Length: 48 mm; Case Thickness: 13 mm; lugs width : 20 mm; Watch weight: 163 g; Watch length: 220 mm
  • Detailed Components: screw-down crown, mineral glass dial window, stainless steel bracelet, adjustable bracelet (included tool to remove the bracelet links), security folding
  • 200M Waterproof: It can protect your watch, you can use it underwater in rainy days with peace of mind
  • Easy to Read Face :Simple dial design, easy to read the time, with luminescent function, the time can be clearly seen in the dark place
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Support on Ko-Fi

What remains unverified?

  • Current Project X inventory, availability and resale value are not established by these 2011 reports.
  • The reports do not provide a strap width or exact replacement-strap compatibility.
  • They do not establish full technical specifications or independently document performance.

Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on Amazon at the time of purchase will apply.

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