I'm not sure whether you got martin point . I am going to give some simple solution which will resolve your issue. 
let's  assume you have SelectionOption class which you have key and value 
public class SelectOption {
    private String key;
    private String value;
    public SelectOption(String key, String value) {
        this.key = key;
        this.value = value;
    }
     // getter and setter
}
Create a simple list of selectOptions and pass to the dropdownchoice
List<SelectOption> selectOptions = new ArrayList<>();
        selectOptions.add(new SelectOption("-1","ALL"));
        selectOptions.add(new SelectOption("1","Not Started"));
        selectOptions.add(new SelectOption("2","In Progress"));
        selectOptions.add(new SelectOption("3","Completed"));
//Simply  override choiceRender option to show key and value . I have override getDefaultChoice to remove select one(Its my convenient) since you removed already . 
        add(new DropDownChoice("selectOption", selectOptions,new ChoiceRenderer<SelectOption>("value","key"){
            @Override
            public Object getDisplayValue(SelectOption object) {
                return object.getValue();
            }
            @Override
            public String getIdValue(SelectOption object, int index) {
                return object.getKey();
            }
        }){
            @Override
            protected CharSequence getDefaultChoice(String selectedValue) {
                return "";
            }
        });
Output:
<select wicket:id="selectOption" name="selectOption">
<option value="-1">ALL</option>
<option value="1">Not Started</option>
<option value="2">In Progress</option>
<option value="3">Completed</option>
</select>