Originally posted by Sivart
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Rolex Submariner 16600LV Kermit
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reason for price increase
I think first of all it is discontinued. second, I think it is because the later models don't look as good so collectors returned to the original kermit and then demand surged...Originally posted by jSkywalker View PostThe prices of the Kermit seems to have rocketed....
Any special reason ?
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Went to bencoolen mall (opposite OG) last week, there is a shop there with a Flat 4- F series with paper selling 16.5k on display.
Was told they are willing to buy in at 14k.
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I was interested in Kermit. Went to try it, very nice.
But 11-12k, it really make me think very hard, especially another 3k, I can get a PI sub TT brand new. I like the sub TT too.
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Some watch shops I've found r selling the Kermit F series around 9k plus. Seems like a decent price considering most are selling for above 10k now
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Demand and supply. In my opinions is ppl wanna manipulate the market. Not worth to buy at this price. Full set Y or F series r collectible which commands premium. Those normal 16610LV plenty on the market. If the price is not right, rather don't buy lol.
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Yes normal Kermit now $10k above. If its a F or Y series is even higher likely above $12k to $14k.
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I think those $10K and above ones are the more sought after series such as the "flat 4" F series, later produced series (last batch before it discontinued) or even the NOS (new-old sets). Otherwise, the normal regular "Kermits" should hover in the high 8K to mid-9K range.
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"Rocketed"?! How high has the price gone up??
I know that the price has steadily gone up over the years, since it had stopped production about 6-7 years ago. But to term it "rocketed" would seem it's really high
What's the going now then?
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