Performance of a Similar Model
With its green ceramic bezel and matching sunburst dial, the Submariner "Hulk" is one of Rolex's most popular models. Not only is it a great eye-catcher, this watch also has the potential to be a good investment.
The Rolex "Hulk" is one of the most coveted Submariner models to ever exist. This watch bears the reference number 116610LV and owes its nickname to its vibrant green dial with matching bezel and "super case." This 40-mm stainless steel case sports wider lugs, higher sides, a heftier crown guard, and a slightly wider bezel. Compared to the standard case of the five-digit Submariner references, which is also 40 mm in diameter, the "Hulk" has a much mightier wrist presence – hence the parallel drawn with the green Marvel superhero.
From a technical point of view, the Rolex Hulk is no different from the standard Submariner Date ref. 116610: it's water-resistant to 300 m (30 bar, 984 ft), made of 904L stainless steel – which Rolex refers to as Oystersteel – and uses the tried-and-true in-house caliber 3135.
Rolex discontinued production of the Hulk ref. 116610LV in 2020, sending prices through the roof. Between June 2020 and June 2022, this model more than doubled in value, and has become just as popular among investors as it is among Rolex fans and collectors as a result.
|Submariner Hulk ref.||Value appreciation,* price (approx.)||Features|
|116610LV||+104%, 29,500 USD||40-mm super case, green ceramic bezel, green sunburst dial, caliber 3135|
|*between June 2020 and June 2022|
The Submariner Hulk is in great demand. Since Rolex discontinued production of this reference in 2020, the model's value has skyrocketed. As recently as June 2020, you could have gotten your hands on a ref. 116610LV in mint condition for around 14,500 USD. Just two years later, however, you're looking at closer to 30,000 USD. The Rolex Hulk has thus appreciated by 106%.
Pre-owned timepieces are only marginally more affordable, and they too have doubled in value in the same two-year period. In 2020, a pre-owned model cost around 14,000 USD. In June 2022, prices had surged to over 27,500 USD.
The Submariner ref. 116610LV "Hulk" made its debut in 2010 as a successor to the Submariner ref. 16610LV "Kermit". It is the only Submariner to feature a green bezel and matching green dial. Unlike the Kermit model, which has an aluminum bezel inlay, Rolex crafts the bezel of the Hulk from Cerachrom, their proprietary high-tech ceramic. Rolex first used this material back in 2005 with the black-dialed GMT-Master II ref. 116710LN. Cerachrom was first introduced to the Submariner collection in blue and black models predating the Hulk, namely the reference numbers 116610, 116613, 116618, and 116619.
This timepiece features a maxi dial with enlarged indices, and another rarity in the Submariner lineup: a sunburst finish.
The caliber 3135 ticks away inside this Submariner at 28,800 vph, and has also demonstrated its reliability in other Rolex models such as the Datejust, Yacht-Master, and the Sea-Dweller. This in-house creation was first unveiled in 1988, has a power reserve of 48 hours, and a chronometer certificate from the COSC. The balance spring is virtually unaffected by magnetic fields and temperature fluctuations, thanks to Rolex's patented Parachrom hairspring.