The IWC Portugieser Chronograph Classic brings together the elegant design language of the original Portugieser with a modern, in-house chronograph movement. First introduced in 2013 as a more refined, technically advanced sibling to the standard Portugieser Chronograph, this model appeals to collectors who want both the signature railway minute track and the sophistication of IWC’s own automatic column-wheel caliber. Its 42mm case sits larger than the standard 40.9mm Chronograph, giving it extra wrist presence while retaining classic proportions.
Key reference numbers include the IW3904 and IW3903, with the latter featuring subtle dial and movement updates. The in-house Caliber 89361 is a highlight, offering a 68-hour power reserve and flyback functionality—features absent from the Valjoux-based standard Chronograph. Sapphire display backs and applied numerals distinguish these models from their more utilitarian siblings. Variations in case material (steel vs. gold), dial color, and strap options drive price differences, with precious metal versions commanding a premium.
When considering a Portugieser Chronograph Classic, focus on the movement generation and dial details—early IW3904s have a slightly thicker case and different date window placement compared to later IW3903s. Factory straps and buckles are desirable for value retention, and original boxes and papers add to collectibility. This model is not prone to rampant counterfeiting, but condition and service history are important, especially given the complexity of the in-house chronograph caliber.
Recent Forum Listings
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IWC IWC Portugieser Chronograph IW390404 Factory Serviced … $5,900 -
IWC IWC Portugieser Chronograph Classic Ardoise | IW390404… $5,800 -
IWC IWC Portuguese Chronograph Classic Steel Grey 42mm IW3… $4,299 -
IWC IWC Portugieser Chronograph Classic Ref. IW390404 – Fu… $6,350 -
IWC IWC Portugieser IW390404 $4,450
Portugieser References at a Similar Price
All 22 Portugieser references →-
#1
IWC Portugieser Chronograph 3716 41mm$5,989 $5,689 – $6,34452 listings 19 hours ago -
#2
IWC Portugieser Automatic 42 42.3mm$5,600 $5,418 – $6,49539 listings 1 week ago -
#3
IWC Portugieser Yacht Club 43.5mm$5,300 $4,257 – $6,90030 listings 2 days ago -
#4
IWC Portugieser Automatic 40 40.4mm$5,278 $5,011 – $6,02027 listings 6 days ago -
#5
IWC Portugieser Chronograph 41mm$4,384 $3,899 – $4,74537 listings 2 weeks ago
Other IWC Models
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#1
IWC Mark XX 40mm$4,699 $4,372 – $4,998293 listings 17 hours ago -
#2
IWC Ingenieur Automatic 40 40mm$9,914 $9,400 – $10,995121 listings 4 days ago -
#3
IWC Pilot Chronograph 41 41mm$5,794 $5,250 – $6,491106 listings 13 hours ago -
#4
IWC Pilot Chronograph AMG 41mm$6,541 $5,980 – $7,17281 listings 3 days ago -
#5
IWC Spitfire Chronograph 41mm$4,400 $3,997 – $5,02174 listings 3 days ago -
#6
IWC Mark XVIII Le Petit Prince 40mm$3,599 $3,199 – $4,15072 listings 1 week ago -
#7
IWC Pilot Chronograph 3777 43mm$3,934 $3,336 – $4,40572 listings 2 days ago -
#8
IWC Big Pilot 43 43mm$5,927 $5,400 – $6,39569 listings 2 days ago -
#9
IWC Pilot Chronograph Le Petit Prince 43mm$4,146 $3,950 – $4,34561 listings 2 days ago -
#10
IWC Mark XVIII 40mm$3,483 $2,999 – $3,67855 listings 2 days ago
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