The Kermit 16610LV holds a special place in the hearts of Rolex owners, primarily because the same color green is adopted by Rolex in much of its branding.  The Rolex logo, the tags, the boxes and even the certification documents of authenticity are all the same dark green color.  

The Kermit came out one year earlier than the actual 50 years since the first Rolex Submariner was launched in 1954.  But nobody was complaining.  The Kermit green bezel stands in sharp contrast to the black dial.  The combination made a huge hit for Rolex, and ushered in other colors into the Submariner lineup which had traditionally been only all-black.  

The Green aluminum bezel will age over time on the Kermit, creating a unique look over time.  This is quite different from the Cerachrom bezels engineered to hold its identical look well into the future.

The Kermit is made with 904L stainless steel, and is made with a standard 40mm diameter.  It has 18ct gold hour luminescent hour markers and hands.  It is water resistant to 1000 feet and features the Rolex Glidelock system on the band with clamshell clasp.  It is powered by the caliber 3135 which has a 48 hour power reserve.  Although many suspect Rolex will upgrade the caliber to a 72 hour power reserve model soon, it hasn’t done so yet.  As such, we know that the 3135 is a reliable and dependable timepiece that has literally stood the test of time. 

The Kermit has at least tripled in value – up from its original selling price of $ 5,000.  Considering the slimmer form factor of the Kermit, collectors will continue to drive the prices up.  The Kermit had a limited 7 years of production, limiting the inventory for collectors to acquire.  If Rolex does not release another Kermit option, this will continue to add fuel to the fire.