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Rolex Submariner 16610LV “Kermit”: The Original Green-Bezel Submariner

The 2003 Submariner Date 16610LV pairs a black lacquer dial with a green aluminium bezel. Learn the Kermit’s history, Flat Four detail, Hulk differences and collector-buying checks.
Estimate4–5 min Catalogued SpecialistWatchRanker Team
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The Rolex Submariner Date 16610LV is the 2003 50th-anniversary Submariner: a black-dial watch distinguished by its green anodized-aluminium bezel insert. Collectors call it the “Kermit”; that is a nickname, not Rolex’s official model name. Its identity rests on the unusual black-and-green combination, its place in Submariner history and, for some examples, an early bezel detail called “Flat Four.” Those details can make a watch more collectible, but a green insert or a box of papers does not establish that a particular example is original.

What is the Rolex Submariner 16610LV “Kermit”?

Rolex says it introduced the 16610LV in 2003 to mark the Submariner Date’s 50th anniversary. The anniversary model was the first Submariner in the range with a green bezel. Its green anodized-aluminium insert contrasted with a black lacquer dial, giving the watch a different look from the familiar all-black Submariner without changing the basic tool-watch character of the line. Rolex’s Submariner history places the model in that broader evolution.

“Kermit” is collector shorthand for the green-bezel, black-dial 16610LV. Phillips uses the nickname in a later catalog entry, but Rolex does not call the watch that in its official history. Phillips’ Spring 2026 catalog illustrates the nickname’s use in the collecting market.

Documented example details

A circa-2003 example cataloged by Phillips is described as a 40 mm stainless-steel watch with automatic calibre 3135 and a Rolex Oyster bracelet. These are details for the cataloged example and reference context, not a complete specification sheet published by Rolex. Phillips’ 2020 Hong Kong catalog entry records those details.

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#1 Best Overall
Ewatchparts 37.60mm X 30.70mm Green Flat 4 Replacement Bezel Insert Compatible With Rolex 16610LV
  • VERIFY YOUR WATCH MODEL & MEASURE THE CORRECT SIZE USING A RULER Watch Parts Are Model and Size Specific. Please Verify Compatibility Before Purchasing.
  • Fits Rolex Submariner 16610LV: Designed for 50th Anniversary Rolex Submariner models.
  • Ensure Perfect Fit: Verify the size, color, and model compatibility with your specific watch before purchasing to ensure a perfect fit and avoid returns or exchanges.
  • Compatibility Check: Double-check your watch's requirements and compatibility details to ensure the product meets your needs. This will help you avoid any issues with returns or exchanges.
  • High-Quality Construction: Made from durable materials for long-lasting use.

What does “Flat Four” mean?

“Flat Four” refers to the shape of the numeral 4 in the bezel insert’s 40 marking: the top of the 4 is flat. Phillips describes an early 16610LV example with this feature. The term identifies a bezel detail that collectors discuss; it is not, by itself, proof that a watch is an early or original configuration.

Be cautious when a seller presents a Flat Four insert as conclusive evidence of authenticity or rarity. A standard black-bezel Submariner can be fitted with an aftermarket green insert, and an insert can be separated from the watch it originally accompanied. The reference, dial and serial-era configuration need to make sense together. Neither a bezel close-up nor box and papers authenticate a watch on their own. The buyer cautions in Bob’s Watches’ Kermit guide are a useful starting point, not a substitute for expert examination.

Rank #2
Ewatchparts Green Kermit Hulk Bezel Insert Of Compatible With Rolex Submariner 16610LV 16610 50Th Annivesary
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  • Compatibility & Size: Green Kermit Hulk Bezel Insert, compatible with Rolex Submariner 16610LV, 16610 50th Anniversary.
  • Ensure Perfect Fit: Verify the size, color, and model compatibility with your specific watch before purchasing to ensure a perfect fit and avoid returns or exchanges.
  • Compatibility Check: Double-check your watch's requirements and compatibility details to ensure the product meets your needs. This will help you avoid any issues with returns or exchanges.
  • Aftermarket Product: This is an aftermarket/generic made to original factory specs for a precise fit.

How does the Kermit differ from the later Hulk?

The 16610LV was followed by the Submariner Date 116610LV, which collectors commonly call the “Hulk.” The nickname marks a visible generation change, not simply a new name for the same watch. The distinctions supported by the cited histories and catalog descriptions are:

Feature 16610LV “Kermit” 116610LV “Hulk”
Bezel insert Green anodized aluminium Green Cerachrom ceramic
Dial and bezel look Black dial with green bezel Green dial with green ceramic bezel
Case generation Earlier generation; Phillips’ circa-2003 example is 40 mm Successor generation, described by Phillips as having a thicker, larger case

Rolex’s timeline traces the later move from aluminium inserts to Cerachrom and subsequent redesigns, including 41 mm proportions in a later Submariner generation. That timeline does not supply a full specification for every 116610LV variant, so the table’s case comparison should not be read as a complete dimensional specification. See Rolex’s history and Phillips’ 2020 catalog entry.

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Rank #3
Ewatchparts GREEN KERMIT HULK BEZEL INSERT COMPATIBLE WITH ROLEX SUBMARINER 16610LV 16610 50TH ANNIVESARY
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  • VERIFY YOUR WATCH MODEL & MEASURE THE CORRECT SIZE USING A RULER Watch Parts Are Model and Size Specific. Please Verify Compatibility Before Purchasing.
  • Check Compatibility: This aftermarket bezel insert fits Rolex Submariner models 16610LV, 16610, 16800, 50th Anniversary, 16803, 16608, and 16613. Measure your watch to ensure a proper fit with this insert designed for sapphire crystals.
  • Precise Dimensions: The lime Kermit Hulk bezel insert measures 38mm in diameter. Accurate measurements are essential for installation. Enhance your Rolex Submariner's look with this quality insert for a striking appearance.
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What should you check before paying a collector premium?

Buy the individual watch, not the nickname or the story attached to it. For a high-value purchase, ask an appropriately qualified watch specialist to examine the watch independently. A visual checklist can help you ask better questions, but it cannot authenticate a 16610LV.

  • Confirm the reference and configuration. Check whether the reference, dial and serial-era details make sense together. Be especially cautious if a seller claims an early Flat Four but cannot support the watch’s history and configuration.
  • Examine the bezel in context. The 16610LV’s green bezel is historically distinctive, but a green insert alone does not establish that the watch left Rolex in that configuration. Ask whether the insert’s originality is documented rather than relying on appearance.
  • Assess provenance and condition. Request clear documentation of the watch’s history and an independent condition assessment. A cataloged example may include papers and accessories, but those items are not proof of authenticity by themselves.
  • Get specialist authentication before committing. Have the watch examined by a suitably qualified specialist who can assess the complete watch, not only the bezel. Do not treat any online checklist as a guarantee.

The aluminium insert is part of the model’s historical identity; Rolex’s later Submariner timeline contrasts it with Cerachrom. Collector preferences about wear, aging or replacement are subjective, and the cited sources do not establish a universal Rolex replacement-parts policy for this discontinued reference. Ask about the specific watch and any proposed service or parts before purchase.

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What do reported Kermit prices tell you?

Bob’s Watches reports average sold prices from its own completed transactions, not a universal market index. Its figures are retrospective observations for that dealer’s sales and do not predict what another seller will receive or what a watch will be worth later.

Period Average sold price reported by Bob’s Watches
2023 completed transactions $14,612
2024 completed transactions $15,435
2025 completed transactions $14,759
Transactions through September 2026 $16,060

These are Bob’s Watches’ dealer-specific averages for the periods stated, not guaranteed values or evidence of future appreciation. A separate historical result shows why individual auction sales should also be kept in context: Phillips recorded HK$162,500 for one circa-2003 16610LV lot at its 2020 Hong Kong online auction. That is one result from that sale, not a current valuation. Sources: Bob’s Watches and Phillips.

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Quick Recap

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SANGaa BEZEL INSERT for 40mm ROLEX SUBMARINER BLUE 16610 16610LV 16613 16800 16808 / INVICTA WATCH 9937OB 8926OB 8928 9937 PRO DIVER (Green)
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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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