IWC Portugieser Portuguese Chronograph Classic Red Gold

Reference IW3904-02

About this watch

The IWC IW3904-02 Portuguese Chronograph Classic Red Gold is a masterpiece of watchmaking. Crafted from exquisite red gold, this timepiece exudes luxury and sophistication. With its stunning design and advanced mechanics, it's not just a timekeeper but a statement piece. The 42.00 mm round case strikes a perfect balance between presence and wearability, while the sapphire glass provides excellent clarity. The open case back reveals the intricate movement, adding to the watch's allure. The silver dial with bold Arabic numerals is both beautiful and highly functional. The IWC caliber 89361 self-winding flyback chronograph movement powers this beauty, allowing for precise timekeeping and elapsed time tracking. With a water resistance rating of 30 meters, this watch is perfect for everyday wear but not suitable for aquatic activities. The price tag may be steep at $23,100, but the craftsmanship, materials, and intricate mechanics make it an investment worth considering. Whether you're a seasoned collector or a first-time buyer, this watch is a fantastic choice for those who appreciate luxury, precision, and timeless design.
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MSRP: $23,800
Market Price: $10,383

Key Features

  • Red gold construction
  • Self-winding flyback chronograph movement
  • Sapphire crystal
  • 42 mm round case
  • 68-hour power reserve
  • 30 meters water resistance
  • Date function

Specifications

Brand
IWC
Family
Portugieser
Model
Portuguese Chronograph Classic Red Gold
Reference
IW3904-02
Movement
89361
Movement Features
  • Hours, Minutes, Small Seconds
  • Date
  • Chronograph, Flyback
Case
Red Gold 42mm
Dial Color
Silver
Crystal
Sapphire
Water Resistance
30

Current Listings

[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
[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 · $7,025
This IWC Portugieser Automatic 40 is a brand new timepiece with a silver dial and 40mm case size. It features an automatic movement and comes with all original accessories.

  • Condition: Brand new, unworn
  • Case size: 40mm
  • Movement type: Automatic
Posted at
Apr 18, 2026, 8:18 AM
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 is a stainless steel timepiece with a dune dial on a black alligator strap, featuring an automatic movement.

  • Condition: Very good condition
  • Case diameter: 41mm
  • Movement type: Automatic
Posted at
Apr 13, 2026, 9:11 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 · $7,050
This IWC Portugieser Automatic 40 features a silver dial and is fully functional without any issues.

  • Condition: Brand new, unworn
  • Case diameter: 40mm
Posted at
Apr 11, 2026, 8:56 AM
Active
[WTS] IWC Schaffhausen Portugieser. Blue Hands/Indices. 40mm. IW358312. Card Included..

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

A beautiful IWC Portugieser with inhouse movement and blue hands/indices, featuring a 40mm case.

  • Movement: inhouse
  • Diameter: 40mm
Posted at
Apr 7, 2026, 6:58 PM
Active
[WTS] IWC Portugieser Perpetual Calendar 42 Boutique Edition Full Set, Mint Condition

IWC Portugieser Perpetual Calendar 42 Boutique Edition Full Set, Mint Condition

The Portugieser Perpetual Calendar is the crown jewel of IWC's Portugieser line, featuring a rich blue dial with gold-plated hands and 18K gold appliqués. The perpetual calendar itself is a piece of horological history, originally developed by Kurt Klaus in the 1980s.

  • Condition: Excellent Condition
  • Case material: 18K Rose Gold
  • Case size: 42.4mm diameter
  • Movement: IWC Calibre 82650, Automatic
Posted at
Apr 6, 2026, 7:14 PM
Active
IWC Portugieser Chronograph - 41mm - Gold Numerals - IW371604 ( new / 2024 )

IWC Portugieser Chronograph - 41mm - Gold Numerals - IW371604 ( new / 2024 )

IWC - IW371604 · $6,995
This IWC Portugieser Chronograph features a stainless steel case and gold numerals. It comes with all the original boxes, papers, booklets, and IWC Warranty Card.

  • Condition: unworn
  • Case size: 41mm diameter
  • Movement: In-House Calibre 69355
Posted at
Apr 2, 2025, 3:10 PM
Active