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Rolex Hulk vs Starbucks vs Kermit: Which One is Worth the Investment?

Are you torn between the Rolex Hulk, Starbucks, and Kermit? You’re not alone. These green Submariner icons have sparked endless debates among collectors and first-time buyers alike. I remember it myself, comparing photos, reading forums, even trying them on. One question I get asked a lot: “Are the Rolex Starbucks and Kermit the same?” And they’re not. They might both have green bezels and black dials, but they’re separated by generations, specs, and feel.

So in this guide, let’s break down their history, design quirks, and what you’re really getting for your money, so you can figure out which one feels right for you.

Hulk, Kermit, Starbucks - Side by Side:

Before we dive into the details, here’s a quick look at how the Kermit, Hulk, and Starbucks stack up. Same Submariner roots, but very different stories when it comes to color, movement, and wrist presence.

ModelProduction YearsCase SizeBezel MaterialDial ColorMovementPower ReserveMarket Price
Kermit2003–201040mmGreen AluminumBlackCal. 313548 hours€12.000–€19.000
Hulk2010–202040mmGreen CeramicGreenCal. 313548 hours€17.000–€25.000
Starbucks2020–present41mmGreen CeramicBlackCal. 323570 hours€13.000–€20.000

The Story Behind the Green Submariner

Rolex doesn’t do nicknames. But collectors? We do. When Rolex dropped the 16610LV in 2003 for the Submariner’s 50th anniversary, it had a green aluminum bezel and classic black dial. Sub fans quickly dubbed it the “Kermit”, not because Rolex said so, but because it reminded everyone of a certain frog. And honestly? It just fits. It gave the Submariner a playful edge without going overboard.

Seven years later, the 116610LV landed. The dial was green. The ceramic bezel was green. The case was thicker, the look bolder. Of course, we named it the "Hulk". It’s big, unapologetically green, and surprisingly elegant when the light hits just right. I wasn’t sure I liked it at first. Then I saw it in person and got it. And in 2020, the 126610LV entered the chat. With its black dial and green ceramic bezel, it visually circled back to the Kermit. But this one had slimmer lugs, a 41mm case, and Rolex’s latest movement. Collectors started calling it the "Starbucks," thanks to the dial/bezel color combo. Another nickname Rolex didn’t create, but the community ran with it. And that’s half the fun.

Design Differences and Movement Evolution

Each model wears a different personality. The Kermit is the classic. You get that old-school Sub look, a bit of vintage charm, and a bezel that ages uniquely over time. The Hulk is loud, modern, and full of attitude. It pops on the wrist, especially in daylight. The Starbucks plays it smart. Sleeker case, modern upgrades, and a dial/bezel contrast that’s both sharp and familiar.

Under the hood, the Kermit and Hulk run on the Caliber 3135. Solid, proven, dependable. The Starbucks? That one gets the Caliber 3235. You’ll feel the difference in the power reserve (70 vs. 48 hours) and it’s more efficient day-to-day. It has a smoother winding action too. The crown feels more precise, less wobbly. Little things, but you notice them.

There’s something else that stood out to me: the bezel feel. The Kermit’s aluminum insert is charming and old-school. But when you spin the ceramic on the Starbucks, the clicks feel sharper, like a mechanical safe. There’s a satisfying firmness to it. It’s a reminder of how much Rolex has refined its engineering over the years.

History and Rarity

Now, if you’re thinking long game, the Kermit is your rarest bet, especially early Flat 4 models. But what is a Rolex Flat 4 bezel exactly? It refers to the shape of the number 4 on the bezel insert, specifically in the "40" minute marker. On these early versions, the top of the 4 is flat instead of pointed. It’s a tiny detail, but to collectors, that kind of nuance matters. Flat 4 Kermits are the earliest and most desirable versions, often fetching a noticeable premium.

The Hulk had a longer run and is still in high demand since it was discontinued. And the Starbucks? It’s still technically in production, though actually getting one at retail is a whole different story. Personally, I see them like chapters. The Kermit is where it started. The Hulk is the bold move. The Starbucks is a refined evolution. That whole progression is what makes this trio fascinating. One detail that often gets overlooked is the bracelet. The Kermit’s clasp is folded steel. It works, but feels a bit tinny by today’s standards. The Starbucks clasp? It’s a tank. Milled, not stamped. Feels like it’ll survive anything. The Glidelock system is something I use way more than I expected, especially in summer. It gives you up to 20mm of on-the-fly adjustment without needing any tools. On hot days when your wrist expands, or when you want a looser fit over a sleeve or wetsuit, it’s a lifesaver. Just slide, click, done.

Investment Potential and Market Trends

The Hulk starts at €17.000 and goes up to €25.000. Not cheap, but it’s not slowing down either. The Kermit follows, from €12.000 to €19.000 depending on condition. Look for full sets, box, papers, tags, and always check that bezel. Scratches and wear can shift the value. The Starbucks sits currently between €13.000 and €20.000. For now. Its modern movement and limited availability still make it a strong play, especially if Rolex decides to cut production in a few years. Would I call it undervalued? Maybe. It’s definitely the sleeper.

Fit, Wearability, and Lifestyle Considerations

All three hit the 40 to 41mm mark, but they wear differently. The Hulk feels chunkier and more top-heavy. The Kermit is lighter and easier to pair with anything. The Starbucks sits right in the middle, refined enough for a suit, tough enough for everyday wear. I’ve tried on all three, and I’ll say this: don’t judge them until you’ve seen them on your wrist. Also, quick note on weight. The Starbucks is about 20 grams heavier than the Kermit. Doesn’t sound like much, but you feel it. Not in a bad way. It just feels more solid. Like a newer-gen Porsche compared to an older model. Smoother, more planted. But you do lose a bit of that old-school charm.

Lume Comparison

One detail worth highlighting is the lume. The Kermit and Hulk both use Super-LumiNova, which gives off a strong green glow initially but tends to fade faster. The Starbucks, like all current-gen Rolex models, uses Chromalight. It’s that cool blue lume you’ve probably seen in low light. It’s not as bright at first glance, but it lasts longer into the night. I’ve worn all three in the dark, and the Chromalight holds its own well past midnight

Starbucks MK1 vs MK2

In Rolex watches, "MK1" and "MK2" are terms used by collectors to distinguish between different dial or bezel variations within the same reference number. And the Starbucks is known for this. The earliest models, known in the community as MK1, have a darker green bezel. It’s more muted, almost forest green under certain light. Then in 2023, Rolex made a quiet update. The MK2 version came in with a brighter, more vibrant ceramic insert. Not officially announced - typical Rolex - but clear enough once you’ve seen both side by side. I’ve handled both, and honestly, it comes down to taste. The MK1 feels a bit stealthier, more low-key. The MK2 pops a little more. No major price difference for now, but collectors are already splitting into camps. If history is any guide, early production runs like the MK1 tend to age well in the secondary market. Something to think about if you’re chasing long-term value, or just want the one fewer people have.

Sourcing and Buying Advice

Hulk and Kermit? You're shopping pre-owned. Do your homework. Check for polish jobs, faded bezels, or missing papers. Early Kermits with the Flat 4 bezel? That’s grail territory for some. The Hulk’s ceramic insert is tougher, but still, condition matters. Starbucks? It’s current, but that doesn’t mean it's easy to find. Waitlists at ADs are real. And if you’re going to the grey market, prices vary wildly. My advice? Don’t buy the product, buy the seller.

Alternatives to the Green Submariner

Not ready to drop €20K on a Sub? Fair enough. But if you’re still looking for that green-dial or green-bezel look with serious specs and presence, here are a few options:

  • Oris Aquis Date Green Dial – A well-built diver with a rich green sunburst dial. Modern proportions and solid value for money.
  • Longines HydroConquest Green – Classic Swiss diver aesthetics with modern ceramic bezel and automatic movement.
  • Rado Captain Cook Green – Retro vibes, great proportions, and a high-tech ceramic bezel.

No, they’re not Rolex (obviously). But at around 10% of the price, they still deliver serious style, proper specs, and more than enough wrist presence to turn heads. If you want something fresh, reliable, and under €2K, these are worth a look.

Final Thoughts: Which One Should You Get?

For me? I lean Hulk. There’s something about that full green setup that just feels bold and unbothered. But if I were wearing it every day, the Starbucks would be my pick. Modern, wearable, no compromises. And if I wanted something that felt truly special, I’d chase down a Flat 4 Kermit. That’s a piece with a story. Whatever your angle, collector, first-time buyer, or long-term investor, there’s no wrong choice here. Each model has its moment, its vibe, its value. And even if they look similar on paper, they wear, feel, and live very differently. If you’re curious about more nicknames, check our full guide on Rolex nicknames.

Looking to add one of these icons to your collection? The Hulk and Kermit may be discontinued, but at Wristler, you can still find verified models from trusted sellers. Explore our listings and let us help you secure your next investment piece.

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