The Rolex Submariner "Hulk," reference 116610LV, is more than just a watch; it's a legend. Its vibrant green dial and bezel, coupled with its robust construction and iconic status within the Rolex universe, have cemented its place as one of the most sought-after and valuable Submariners ever produced. This article delves deep into the world of the Rolex Hulk, exploring its history, design, and, most importantly, its fluctuating price. We'll examine the factors contributing to its high value and provide insights into the current market trends surrounding this coveted timepiece.
The Rolex Hulk 116610LV: A Closer Look
Before we dive into the complexities of pricing, let's appreciate the watch itself. The "Hulk" moniker perfectly captures its essence. The striking Cerachrom green bezel insert, made from virtually scratch-proof ceramic, is the watch's defining feature. This vibrant green perfectly complements the similarly hued dial, creating a visually arresting combination that sets it apart from other Submariners. The "Super Case," a slightly larger and more robust case compared to previous Submariner models, adds to its imposing presence on the wrist.
This isn't just about aesthetics, though. The 116610LV boasts the same exceptional functionality that defines the Submariner line. It's water-resistant to 300 meters (1,000 feet), making it suitable for serious diving. The Triplock crown system ensures water tightness, while the unidirectional rotating bezel allows divers to accurately monitor their dive time. Inside, the robust Calibre 3135 movement, known for its reliability and precision, powers this green marvel. The movement, entirely manufactured by Rolex, is chronometer-certified, guaranteeing accuracy within specific tolerances.
The 40mm case size strikes a perfect balance, comfortably fitting a wide range of wrists while maintaining the iconic Submariner proportions. The Oyster bracelet, with its solid links and Oysterlock clasp, provides both durability and comfort. The bracelet's Glidelock extension system allows for easy adjustment, making it suitable for wearing over a wetsuit.
Rolex Hulk Price: A Market Analysis
The Rolex Hulk's price is a fascinating subject, constantly influenced by a number of factors. Unlike many luxury goods with a relatively stable price, the Hulk's value has fluctuated significantly over time, particularly since its discontinuation. This volatility is driven by a combination of supply and demand, collector enthusiasm, and overall market conditions.
When initially released, the 116610LV was priced competitively within the Submariner range. However, its popularity quickly surged, exceeding initial expectations. This increased demand, coupled with a relatively limited production run compared to other Submariner models, led to waiting lists and a significant increase in its grey market value. The grey market, encompassing authorized dealers and independent sellers, plays a substantial role in determining the actual price consumers pay.
Several factors contribute to the Hulk's high price tag:
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