When people talk about Rolex watches as investments, one model always seems to come up in the conversation: the Submariner. It’s iconic, instantly recognizable, and trusted for both everyday wear and long-term value.
Among all Submariner variations, the green-bezel versions stand out the most. These are often referred to by their nicknames — the Rolex Kermit and the Rolex Starbucks.
At first glance, these two watches look very similar. Both are stainless steel Submariners with a bold green bezel, a black dial, and classic Rolex styling. But once you dig deeper, you realize they represent two very different eras of Rolex watchmaking. One leans toward vintage charm and history, while the other reflects modern design and updated technology.
So the big question is simple: which one is the better investment? Let’s break it down.
Why Green Submariners Are So Special
Rolex is known for its conservative color palette. For decades, most Submariners came with black bezels. When Rolex introduced green into the lineup, it instantly grabbed attention. Green is also closely tied to Rolex’s brand identity, which makes it feel special rather than trendy.
Because green Submariners are produced in smaller numbers compared to black models, they naturally attract more interest. Collectors love watches that stand out without being flashy, and that’s exactly what these models offer.
Over time, this demand has helped green Submariners become some of the most talked-about Rolex sports watches on the market.
The Rolex Kermit: A Watch With History
The Rolex Kermit, officially known as the Submariner reference 16610LV, was introduced in 2003. Rolex released it to celebrate the 50th anniversary of the Submariner, which immediately gave it historical importance.
This watch features a 40mm stainless steel case, which many collectors consider the perfect Submariner size. It wears comfortably on almost any wrist and feels balanced, classic, and familiar.
What truly defines the Kermit is its green aluminum bezel. Unlike modern ceramic bezels, aluminum changes over time. Some fade slightly, others develop a softer tone, and this aging process creates a unique character that collectors appreciate. No two older Kermits look exactly the same, which adds to their charm.
Inside the watch is Rolex’s Caliber 3135 movement, a reliable and proven engine that powered Rolex models for decades. While it doesn’t have the newest technology, it’s known for durability, accuracy, and ease of servicing.
Production of the Kermit ended in 2010, which means it is no longer available new. Today, the only way to buy one is through the pre-owned market — and that scarcity plays a big role in its investment appeal.
The Rolex Starbucks: A Modern Evolution
Fast forward to 2020, and Rolex introduced a new generation of Submariners. Among them was the Rolex Submariner 126610LV, commonly called the Starbucks due to its green bezel and black dial combination.
This version brought several noticeable updates. The case size increased slightly to 41mm, giving the watch a more modern presence. The lugs were refined, so even with the larger size, it still wears comfortably and doesn’t feel bulky.
One of the biggest upgrades is the bezel. The Starbucks uses Rolex’s Cerachrom ceramic bezel, which is extremely scratch-resistant and keeps its color over time. Unlike aluminum, ceramic won’t fade, keeping the watch looking newer for longer.
Inside, Rolex installed the Caliber 3235 movement. This movement offers improved efficiency, greater shock resistance, and a longer power reserve of around 70 hours. It’s one of Rolex’s most advanced movements to date.
The Starbucks is still in production, but availability is limited. Demand is very high, and many buyers are unable to purchase one at retail, pushing prices higher on the secondary market.
Design and Wearability Comparison
From a distance, the Kermit and Starbucks look similar, but on the wrist, they feel quite different.
The Kermit has a more traditional and lightweight feel. Its aluminum bezel reflects light differently, giving it a warmer and more vintage appearance. Many collectors love this because it feels less “perfect” and more personal.
The Starbucks feels more solid and refined. The ceramic bezel has a glossy shine, and the upgraded bracelet and clasp feel sturdier. It’s clearly designed for modern lifestyles and daily wear.
In short, the Kermit feels like a piece of Rolex history, while the Starbucks feels like a modern luxury tool watch.
Investment Potential: Kermit vs Starbucks
When it comes to investment, both watches perform well — but for different reasons.
The Rolex Kermit benefits from being discontinued. Discontinued Rolex sports models often rise in value over time, especially when they have historical importance. Since the Kermit marked the Submariner’s 50th anniversary, collectors see it as a milestone watch.
Prices for well-preserved Kermits have steadily increased over the years. Models with original parts, minimal polishing, and full box and papers tend to perform the best. Because supply is fixed and demand continues to grow, the long-term outlook for the Kermit remains strong.
The Rolex Starbucks, on the other hand, benefits from modern demand. While it is still in production, it’s extremely difficult to buy at retail. This scarcity keeps resale prices high. Many buyers view it as a safe store of value, especially for those who want a newer watch with the latest technology.
However, because Rolex may continue producing the Starbucks for several years, its long-term appreciation may be slower compared to a discontinued model like the Kermit.
Rolex Kermit vs Rolex Starbucks: Quick Comparison
|
Feature |
Rolex Kermit (16610LV) |
Rolex Starbucks (126610LV) |
|
Nickname Origin |
Green bezel introduced for Submariner’s 50th anniversary |
Green ceramic bezel with black dial |
|
Year Introduced |
2003 |
2020 |
|
Production Status |
Discontinued |
Currently in production |
|
Case Size |
40mm |
41mm |
|
Case Material |
Oystersteel (Stainless Steel) |
Oystersteel (Stainless Steel) |
|
Bezel Material |
Aluminum |
Cerachrom (Ceramic) |
|
Bezel Color |
Green |
Green |
|
Dial Color |
Black |
Black |
|
Movement |
Rolex Caliber 3135 |
Rolex Caliber 3235 |
|
Power Reserve |
~48 hours |
~70 hours |
|
Bracelet |
Oyster bracelet (older clasp system) |
Oyster bracelet with Glidelock clasp |
|
Water Resistance |
300 meters (1,000 feet) |
300 meters (1,000 feet) |
|
Overall Feel |
Vintage, classic, collectible |
Modern, robust, everyday luxury |
|
Investment Appeal |
High due to rarity and history |
Strong due to demand and scarcity |
|
Best For |
Collectors and long-term investors |
Modern buyers and daily wear investors |
Which One Should You Choose?
If your main goal is long-term investment, the Kermit often has the edge. Its discontinued status, historical significance, and collector appeal make it a strong candidate for future value growth.
If you want a watch that blends investment potential with modern wearability, the Starbucks is an excellent choice. It offers durability, comfort, and strong market demand, making it easier to enjoy daily without worrying about age-related wear.
Ultimately, the best investment Rolex is often the one you enjoy wearing. A watch that stays in a safe may hold value, but a watch on your wrist brings real satisfaction.
Final Thoughts
Both the Rolex Kermit and the Rolex Starbucks are excellent investments in their own way. The Kermit appeals to collectors who value history and rarity, while the Starbucks attracts buyers looking for modern design and strong demand.
If you’re unsure which model fits your goals, Luxury Time NYC can help you source authentic Rolex watches and guide you toward the right investment with confidence and expertise. Our trusted knowledge makes buying a luxury timepiece simple and secure.