IWC Portugieser Portuguese Chronograph Classic Silver

Reference IW3904-03

About this watch

The IWC Portugieser IW3904-03 Portuguese Chronograph Classic Silver is a masterpiece of luxury watchmaking. Its stunning silver dial, adorned with Arabic numerals, radiates sophistication and elegance. The round stainless steel case, measuring 42 mm in diameter, perfectly balances functionality with style. This self-winding flyback chronograph movement, powered by the IWC caliber 89361, provides precision timekeeping and seamless timing functionality. With a power reserve of 68 hours and 38 jewels, this automatic movement is a marvel of engineering. The watch features a date display in a discreet window at 3 o'clock, harmonizing beautifully with the overall design. Its moderate height of 14.50 mm ensures it sits comfortably against the skin, making it suitable for everyday wear. With a water resistance rating of 30 meters, this timepiece can handle splashes and brief immersions without a hitch. The IWC IW3904-03 is a statement piece that embodies elegance and functionality, standing out in a crowded market. Whether you're a watch enthusiast or looking for a luxurious gift, this model promises to turn heads and withstand the test of time.
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MSRP: $12,000
Market Price: $5,297

Key Features

  • Self-winding flyback chronograph movement
  • IWC caliber 89361 with 38 jewels and 68-hour power reserve
  • Date display in discreet window at 3 o'clock
  • Water resistance rating of 30 meters
  • Round stainless steel case with diameter of 42 mm
  • Moderate height of 14.50 mm for comfortable wear
  • Sapphire glass for scratch-resistant protection

Specifications

Brand
IWC
Family
Portugieser
Model
Portuguese Chronograph Classic Silver
Reference
IW3904-03
Movement
89361
Movement Features
  • Hours, Minutes, Small Seconds
  • Date
  • Chronograph, Flyback
Case
Stainless Steel 42mm
Dial Color
Silver
Crystal
Sapphire
Water Resistance
30

Current Listings

[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
2023 IWC Portugieser 42 / IW500715

2023 IWC Portugieser 42 / IW500715

IWC - IW500715 · $8,675
2023 IWC Portugieser 42, a luxury watch in excellent condition with original boxes and papers. Comes with warranty card.

  • Condition: Very Good Condition
  • Boxes: Yes, complete set
  • Papers: Complete
  • Warranty: With warranty card
Posted at
Apr 1, 2025, 10:21 PM
Active
Iwc iw500701 portugieser 7 day power reserve rose gold watch

Iwc iw500701 portugieser 7 day power reserve rose gold watch

IWC - IW500701 · $12,995
This IWC PORTUGIESER model IW500701 features a 7 day power reserve and comes in 18K Rose gold on a leather band with deployment buckle.

  • Band material: leather
  • Case material: 18K Rose gold
Posted at
Mar 25, 2025, 10:07 PM
Active