Some new generations change everything inside and nothing you can see. The 116610LN did the opposite: the same 40 mm and the same calibre as the 16610 before it, and something new nearly everywhere you look. To an untrained eye they are the same watch; side by side, the newer one looks a size larger7,10.
It was made from 2010 to 2020, and it is no longer sold new2,3,4. WatchGuys calls it one of the most widely traded Rolex watches on the pre-owned market2.
Ten years in the middle of the family
The Submariner itself dates from 1953. Rolex's 2013 page for this reference called it the first watch water-resistant to 100 metres1; Rolex's Submariner page in 2026 says, more narrowly, the brand's first divers' wristwatch waterproof to 100 metres19. Other sources dispute the wider claim (see below). The date arrived with ref. 1680 in the late 1960s3. Its direct steel predecessor is the 16610, made from about 1988 until 20103,10; the exact start year is disputed (see below).
The changes that define the 116610LN did not start with it. In 2008 Rolex presented gold Submariner Dates with a heavier case, broader lugs and crown guards, a Cerachrom ceramic bezel and the Glidelock clasp1,3. The steel version followed at the Basel fair in 2010 as ref. 1166103, replacing the 166104,10. Collectors call this case the 'Super Case'3,4.
Two steel versions shared it. The 116610LN has a black dial and bezel; the 116610LV, introduced alongside it, has a green dial and a green bezel and is mechanically the same watch2,3,4. The letters stand for lunette noire and lunette verte, black and green bezel2,3.
In September 2020 Rolex replaced the whole Submariner Date generation with 41 mm references. The 126610LN replaced the 116610LN2,5.
What changed in 2010
Start with the bezel. The 16610 had an aluminium insert; the 116610LN has Cerachrom, Rolex's ceramic, with numerals and graduations coated in platinum1,7,10. Rolex says the material is virtually scratchproof and keeps its colour in sunlight and in chlorinated or sea water1. Bob's Watches adds that the old bezel ran on a single click-spring and the new one on four, so it rotates more consistently10.
Then the case. The diameter stayed at 40 mm, but the lugs and crown guards became much broader: nearly twice as wide according to Bob's Watches, and crown guards twice the size according to SwissWatchExpo, so the watch looks bigger on the wrist than the number suggests7,10. The dial followed. The 'Maxi dial' has larger hour markers and broader hands4,7, filled with Chromalight, which Rolex says glows blue for up to eight hours1.
The bracelet changed the most in daily use. It has solid links and an Oysterlock clasp with Glidelock, which lengthens the bracelet in steps of about 2 mm, up to about 20 mm, without tools1,3,4. Rolex designed it to go over a diving suit; Bob's Watches and SwissWatchExpo point out that it is just as useful when a wrist swells during the day or on a warm day1,4,7.
Inside, very little moved. The 116610LN uses calibre 3135, the same calibre as the 166101,7: 28,800 vibrations an hour, 31 jewels and about 48 hours of power reserve6,8,9. Rolex's page for the reference lists a blue Parachrom hairspring, which Rolex says is insensitive to magnetic fields and more resistant to shocks1. Whether it was the 116610 that brought Parachrom to the 3135 is disputed (see below).
Rolex's 2013 page calls the watch a Swiss chronometer tested by COSC1. Rolex redefined its Superlative Chronometer standard in 201520, and its May 2020 page for the 116610LN lists −2/+2 seconds a day after casing6.
What the 126610LN changed
The successor arrived on 1 September 20205. It is 41 mm, with slimmer, more tapered lugs, more angled crown guards and a lug width of 21 mm instead of 203,5. It uses calibre 3235 with about 70 hours of power reserve2,5.
Everything else a buyer looks at stayed: black dial, black Cerachrom bezel, 300 metres, Triplock and Glidelock2,5. Monochrome put the steel 126610LN's launch price at EUR 8,6505. So the choice between the two is not between an old watch and a new one. It is between the Super Case with a two-day reserve and a slimmer case with a three-day one.
What it costs
The archived copies of Rolex's own 116610LN page that we found carry no price1,6. Our list prices therefore come from two dealers. A US price table, which its author says began as a handout from a Rolex retailer in 2005, shows the steel Submariner Date at USD 7,375 in September 2010, USD 8,550 in June 2012, USD 8,500 in April 2014 and April 2018, and USD 8,950 in January 202011. Bob's Watches gives USD 8,550 as the retail price while the watch was in production4 and USD 8,950 after the 2020 increase12.
That is a rise of about 21.4 per cent over the decade and about 5.3 per cent in the January 2020 increase, from USD 8,500 to USD 8,950 (4.7 per cent against Bob's USD 8,550). The table does not name a reference per date, so reading the 2010 to 2020 columns as the 116610LN is ours.
Pre-owned, we can measure asking prices. The median asking price on the first page of Chrono24's 116610LN listings was USD 11,979 in October 2024, USD 11,991 in April 2025, USD 12,583 in September 2025 and USD 12,380 in September 202613,14,15,21. The two windows disagree slightly: down about 1.6 per cent over the last twelve months, up about 3.3 per cent over the two years. Read it as flat. Asking prices are not sale prices, and the first page mixes boxed sets, watches only, a few modified watches and the odd listing of another reference; leaving those out moves no median by more than about USD 100 and leaves the picture flat.
One dealer publishes what it actually sold for. Bob's Watches reports a median sale price of USD 12,945 for the 116610LN from October 2025 to September 2026, and a quarterly median that rose from USD 11,445 in the first quarter of 2025 to USD 13,095 in the third quarter of 202616. That is about 14.4 per cent by our arithmetic; Bob's itself writes 'about 21%'. It is one dealer's sales, not the market.
Against its last list price, then, a pre-owned 116610LN asks about 38 per cent more than a new one cost in January 2020: USD 12,380 against USD 8,95011,12,13. A list price is not a return, and neither is an asking price.
Buying one pre-owned
Rolex's own advice is to buy from its own jewellers22. For a reference discontinued in 2020 that means buying pre-owned, with the checks above as the minimum.
Not every mix-up involves a fake. The 16610 and the green 116610LV share a great deal with the 116610LN. The generation shows in the lugs, the glow, the bezel and the clasp, and the colour shows the rest2,7,10.
Nobody outside Rolex knows how many 116610LNs were made. We found no Rolex production figure for any single reference, and the analyst estimates we found cover the whole brand17,18. Wikipedia says Rolex has disclosed about four million Submariners of all kinds from 1953 to 2020, but we could not trace that to Rolex itself3.
The dubious part
The 116610LN is rated to 300 metres and fitted with an extension for a diving suit. Its most demanding expedition is usually the gap between a shirt cuff and a steering wheel.
