IWC Portugieser Portugieser Tourbillon Hand-Wound Squelette Red Gold

Reference IW5462-01

About this watch

The IWC Portugieser Tourbillon Hand-Wound Squelette Red Gold is a masterpiece of horology, showcasing the brand's dedication to quality and innovation. With its stunning red gold case and skeletonized dial, this limited edition watch (produced in 25 units) exudes sophistication and elegance. The IWC caliber 98920 movement, with its flying minute tourbillon and 54-hour power reserve, is a marvel of engineering, compensating for gravity's effects on the movement while ensuring accuracy in various positions. The skeleton design invites you to appreciate the intricacies of watchmaking, showcasing the movement's mechanics like a beautifully choreographed ballet. With a diameter of 43.10 mm and a sapphire crystal protecting the dial, this watch strikes a perfect balance between presence and wearability.
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Key Features

  • Mechanical hand-wound IWC caliber 98920 movement
  • Limited edition of 25 units in red gold case
  • Flying minute tourbillon for accuracy and visual appeal
  • Skeletonized dial showcasing intricate mechanics
  • 54-hour power reserve for reliability and precision
  • Sapphire crystal protecting the dial for durability and elegance

Specifications

Brand
IWC
Family
Portugieser
Model
Portugieser Tourbillon Hand-Wound Squelette Red Gold
Reference
IW5462-01
Movement
98920
Movement Features
  • Hours, Minutes, Small Seconds
  • Tourbillon Escapement, Skeleton
Case
Red Gold 43.1mm
Dial Color
Skeleton
Crystal
Sapphire
Water Resistance
30

Current Listings

[WTS] FURTHER REDUCED IWC Portugieser Jubilee Ref. 5441 – 18k Rose Gold – Limited Edition 006/500

FURTHER REDUCED IWC Portugieser Jubilee Ref. 5441 – 18k Rose Gold – Limited Edition 006/500

IWC - 5441 · $12,899
This IWC Portugieser Jubilee Ref. 5441 is a limited edition of 500 pieces produced in rose gold to celebrate the 125th anniversary of International Watch Company. It features a classic design language inspired by the original 1930s models, including a silver dial and manual-winding IWC Caliber 9828 movement.

  • Condition: Overall very good vintage condition, minor scuffing around the ~10 o'clock area on the crystal
  • Case Size: ~42 mm
  • Diameter: ~42 mm
  • Movement: IWC Caliber 9828, manual wind
Posted at
Apr 28, 2026, 9:28 PM
Active
[WTS] 2020 IWC Portugieser Yacht Club "Orlebar Brown" - IW390704 - Full Set Priced to Fly

2020 IWC Portugieser Yacht Club "Orlebar Brown" - IW390704 - Full Set Priced to Fly

IWC - IW390704 · $7,500
A beautiful summer timepiece by IWC, the Portugieser Yacht Club Chronograph Edition 'Orlebar Brown' has a fresh and crisp aesthetic while maintaining its classic iconic design.

  • Condition: great preowned condition with minor signs of wear throughout the case, caseback, case sides, bracelet, and clasp
  • Year: 2020
  • Case size: 44mm
  • Crystal type: sapphire
Posted at
Apr 27, 2026, 7:20 PM
Active
[WTS] IWC Portugieser Chronograph IW371624 Dune Dial Full Set

IWC Portugieser Chronograph IW371624 Dune Dial Full Set

IWC - IW371624 · $7,497
This pre-owned IWC Portugieser Chronograph features a stainless steel case with a dune dial and black alligator strap. The watch comes in a full set, including box, papers, and original contents.

  • Condition: Very good
  • Case size: 41 mm
  • Case material: Stainless steel
Posted at
Apr 27, 2026, 9:52 AM
Active
[WTS] IWC Portugieser Regulateur. IW544401. Box, Papers...

IWC Portugieser Regulateur. IW544401. Box, Papers...

IWC - IW544401 · $6,600
IWC Portugieser Regulateur for sale, complete with box and papers.

  • Box: true
  • Papers: true
Posted at
Apr 25, 2026, 11:42 AM
Active
[WTS][US] IWC Portugieser Automatic 40 - Silver Dial - 40mm - IW358312 - BRAND NEW

[US] IWC Portugieser Automatic 40 - Silver Dial - 40mm - IW358312 - BRAND NEW

IWC - IW358312 · $7,000
This IWC Portugieser Automatic 40 is a brand new timepiece with a silver dial and 40mm case. It features an automatic movement and comes with various accessories such as a box, manual, warranty booklet, microfiber cloth, link tools, and digital transferable warranty.

  • Condition: Brand new, unworn
  • Case size: 40mm diameter
Posted at
Apr 25, 2026, 9:21 AM
Active
[WTS] IWC Portugieser Chronograph IW371624 Dune Dial Full Set

IWC Portugieser Chronograph IW371624 Dune Dial Full Set

IWC - IW371624 · $7,497
A pre-owned Portugieser Chronograph with a dune dial, featuring an automatic movement and a stainless steel case.

  • Condition: Very good
  • Case size: 41mm
  • Case material: Stainless steel
  • Movement type: Automatic
Posted at
Apr 20, 2026, 9:05 AM
Active
[WTS] IWC Portugieser Tourbillon Mystere, White Gold IW504207 ♦️Lightly Used Undated♦️

IWC Portugieser Tourbillon Mystere, White Gold IW504207 ♦️Lightly Used Undated♦️

IWC - IW504207 · $30,457
This listing is for an IWC Portugieser Tourbillon Mystere in White Gold, featuring a tourbillon mechanism. The watch has been lightly used and comes with the full set of box and papers.

  • Condition: Lightly Used
  • Material: White Gold
  • Comes With: Full set (box & papers)
Posted at
Apr 20, 2026, 5:38 AM
Active
[WTS] IWC Schaffhausen Portugieser. Blue Hands/Indices. 40mm. IW358312. Card Included..

IWC Schaffhausen Portugieser. Blue Hands/Indices. 40mm. IW358312. Card Included..

This IWC Portugieser is a gorgeous watch with an inhouse movement, available for sale. It features blue hands and indices on a 40mm case.

  • Case size: 40mm diameter
  • Movement type: inhouse
Posted at
Apr 19, 2026, 11:42 AM
Active
[WTS] IWC Portugieser Jubilee Ref. 5441 – 18k Rose Gold – Limited Edition 006/500 – REDUCED PRICE

IWC Portugieser Jubilee Ref. 5441 – 18k Rose Gold – Limited Edition 006/500 – REDUCED PRICE

IWC - 5441 · $13,249
A limited edition IWC Portugieser Jubilee Ref. 5441 in 18k rose gold produced to celebrate IWC's 125th anniversary, featuring a manual-winding movement and classic Portugieser design language.

  • Condition: Overall very good vintage condition, minor scuffing around the ~10 o'clock area on the crystal.
  • Case Size: ~42 mm
  • Dial Color: Silver
  • Movement Type: Manual winding
Posted at
Apr 18, 2026, 2:43 PM
Active