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] 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