Because the timepiece was truly created as a device for diver’s, it also sports a rotating 60-minute bezel so that divers can safely time and decompression as needed and the illumination is of course essential for the darkness of the oceans waters. 

Since it’s inception in 1953 the Submariner has enjoyed many upgrades in regard to both functionality and looks. The watch was created in various colors such as black, blue, green, white, silver, and gold, as well as many other options including diamonds or other stones. Current metal options include Oystersteel, Oystersteel and gold, or Gold.

In 2020 Rolex discontinued the famous Submariner 116610LV, also known as the ‘Hulk’ (green dial and bezel) and no surprise the market reacted immediately.  Anyone who purchased the Hulk at $9500.00 retail can expect to enjoy a 100% return on their investment. 

Rolex also created a Submariner named “Kermit” that was similar to the Hulk, the difference being Kermit featured a corrosion resistant 904L stainless steel bezel in a forest green whereas Hulk was fitted with a Cerachrom bezel. The Cerachrom color is a richer more emerald green color when compared side by side.  Kermit only lasted seven years and was discontinued (in 2010).  If your wondering, yes, the watch was named after the ever so charming frog.

Recently at auction, the most expensive Submariner ever sold fetched $1,065,500.  The vintage piece included a very rare “Explorer” dial, which features Arabic numerals at 3, 6, and 9. Additionally on top of the dial, the meters were written first in the depth rating and in red, not the usual white. These are the small things that  drive collectors wild and prices up.

Today some of the most valued and desirable Submariners include: 

• The “JAMES BOND”/“BIG CROWN” SUBMARINER REFERENCE 6538 WITH “FOUR-LINE DIAL”. It is said to be valued at about a half a million dollars.
• VINTAGE ROLEX SUBMARINER 16618 with 18K WITH RARE LAPIS LAZULI DIAL 
• NEW 2021 Rolex Submariner Blue Sapphire Diamond White Gold 116659 SABR Watch