The Rolex Submariner needs little introduction. A legend in the world of horology, this dive watch has captivated collectors and enthusiasts for decades. Its robust construction, iconic design, and unparalleled reliability have cemented its position as one of the most desirable timepieces ever created. While variations and iterations exist, the specific focus of this article centers around understanding the list price of the Rolex Submariner in 2016, particularly highlighting the highly sought-after reference 116610LV, affectionately nicknamed "The Hulk."
The year 2016 marked a significant point in the Submariner's history, falling within a period of relative stability before some key model changes and price increases. Understanding the list price from that year offers valuable insight into the watch's historical value and how its price has evolved in the subsequent years. While precise list prices can fluctuate slightly based on regional variations and currency exchange rates, we can paint a detailed picture of what one could expect to pay for a new Submariner in 2016.
The Hulk's Ascendance: Reference 116610LV
One of the most beloved modern Rolex watches is the Rolex Submariner reference 116610LV, better known as the "Hulk," and for good reason. Its vibrant green Cerachrom bezel insert, a departure from the traditional black, immediately sets it apart. This striking green perfectly complements the watch's overall design, creating a visually arresting piece that commands attention. The green bezel, made from Rolex's highly resistant ceramic, is virtually scratch-proof, ensuring the watch's aesthetic appeal remains intact even after years of wear.
The 116610LV, introduced in 2010, quickly gained popularity, becoming a highly sought-after collector's item. By 2016, its desirability had only increased, pushing its value beyond its initial list price. While precise figures vary depending on the retailer and location, the list price of the 116610LV in 2016 generally fell within a specific range. It's crucial to remember that these were *list* prices – the actual price paid could vary based on availability and retailer markups.
Understanding List Prices vs. Market Prices
It's important to differentiate between the list price and the actual market price. The list price is the suggested retail price set by Rolex. However, due to high demand and limited supply, particularly for popular models like the 116610LV, many authorized dealers often sold the watch above its list price. This practice is common for highly sought-after luxury goods. The grey market, where pre-owned watches are sold by independent sellers, often saw prices significantly higher than the list price, reflecting the intense demand.
The discrepancy between list price and market price is a key factor to consider when researching the value of a Rolex Submariner from 2016. While the list price provides a baseline, it doesn't necessarily reflect the price a buyer would have actually paid.
Other Submariner Models in 2016
Beyond the 116610LV, Rolex offered several other Submariner models in 2016, each with its own list price. These included:
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