Perspective in line with Gen is the first one looks to be a rep of a later model LV as the bezel insert is in a later green colour more closer to the ceramic colour green. the second looks to be liek the earlier model release kermit model that had the odd colour green here is a gen one to compare with
https://www.mappinandwebb.com/Rolex...w-4WKiUFOexeccScchnl8pO9bQHnfx8UaAkv3EALw_wcB
Note the price of it as it looks mint and one of te first with the green bezel.
Not long after RO released the newer model with same case but a different green insert more akin to the ceramic and thsi will on been around the time the rehaut started to appear with engraving, there will probably be some crossover at that time with later cases and older inserts and vice versa.
Also the dial on the newer release seemed to have the closer swiss made marking but again im sure there were some cross over.
one with engraved rehaut
Watch is in unpolished mint condition. No marks on the bezel it still looks like new.
www.ebay.co.uk
one without engraving but both have the darker green insert
Submariner Date. "Kermit" 16610LV. Bracelet material. Bezel material. Bracelet color. Year of production. Diamonds East Box, Papers were misplaced we will include a certified appraisal with the matching serial number.
www.ebay.co.uk
Both had the maxi dial with the largers markers and more vibrant lume.
So as you can see there is quite a lot of variation in the gen world and as there are not all that many kicking around much hard to bench mark as a rep
Some great advice on this post but always worth digging around, 5 digit Sports are pretty thin on the ground, BPF seem to be offering most of them although the only downside is that the rehaut is engraved but the is you can see past the chamfer edges on the lugs they look to be pretty ok for the money (the chamfer can be toned down to look less obvious but can also be written off as case polising over the years too.
For what its worth, if i had to pick one id take the 2nd one as the crown and guards would bug me on the other one.
Good luck