The best IWC Portugieser watches in 2026 run from the steel Portugieser Automatic 40 at $7,900 to the Portugieser Tourbillon in rose gold at $156,000, with the Eternal Calendar as the collection’s most advanced piece. IWC spells the name Portugieser, and many collectors still say Portuguese. This guide ranks ten current models by how far up the collection they sit, with US prices from an authorized retailer’s listing.
IWC watches are among the expensive watches you can buy, so expect several thousand dollars for even the entry model. Tell us which one you would pick.
The 10 models at a glance
| Rank | Model | Reference | Material | US price |
|---|---|---|---|---|
| 1 | Portugieser Eternal Calendar | IW394006 | Gold | Not published |
| 2 | Portugieser Tourbillon | IW504507 | Rose gold | $156,000 |
| 3 | Portugieser Perpetual Calendar 44 | IW503703 | White gold | $60,000 |
| 4 | Portugieser Perpetual Calendar 44 | IW503702 | Armor Gold | $59,000 |
| 5 | Portugieser Perpetual Calendar 42 | IW344203 / IW344207 | Steel | $28,400 |
| 6 | Portugieser Chronograph | IW371626 | White gold | $26,700 |
| 7 | Portugieser Yacht Club Chronograph | IW390701 / IW390702 | Steel | $14,400 |
| 8 | Portugieser Automatic | IW501701 | Steel | $14,400 |
| 9 | Portugieser Chronograph | IW371620 | Steel | $9,200 |
| 10 | Portugieser Automatic 40 | IW358305 | Steel | $7,900 |
How we ranked them: we ordered the list by the price of the model’s most representative current reference, then by complexity of the movement. Prices are US retail listings checked in October 2026 and change by market and time.
10. Portugieser Automatic 40: from $7,900
The entry point of the line. IWC lists the IW358305 with a 40.4 mm stainless steel case, a blue dial, rhodium-plated hands and applied markers, and a black alligator strap. It runs the in-house calibre 82200 with Pellaton winding and about 60 hours of power reserve, and it is water resistant to 30 meters.
This is the smaller, easier-to-wear Portugieser, and it takes the old Hand-Wound’s place at number ten. The steel references are listed at $7,900.
9. Portugieser Chronograph in steel: $9,200
The Chronograph is the collection’s classic sports-dress watch, and the steel IW371620 is its core reference at $9,200 on an authorized retailer’s page. It replaces the earlier 42 mm rose gold Chronograph Classic as the practical pick, at roughly half the price of the white gold version below.
8. Portugieser Automatic: $14,400
The larger Portugieser Automatic in steel sits at $14,400 across several references, including IW501701, with other dial and metal versions at $14,400 to $15,400 in steel. Gold versions in the same family run higher, with rose gold listed at $32,800 and white gold at $33,900. It replaces the discontinued Automatic 7 Day Power Reserve from our first list.
7. Portugieser Yacht Club Chronograph: $14,400
The sporty member of the family. A 44.5 mm steel case with a blue dial on a metal bracelet, using calibre 89361, is listed at $14,400. It is the Portugieser to wear on or near the water, and the same $14,400 price applies to the other steel Yacht Club references we checked.
6. Portugieser Chronograph in white gold: $26,700
The same chronograph design, in solid white gold instead of steel. The IW371626 is listed at $26,700, and the rose gold counterpart, IW371625, at $25,600. If you want the precious-metal chronograph, this is the price band.
5. Portugieser Perpetual Calendar 42 in steel: $28,400
The most accessible perpetual calendar in the line. IWC’s US site and an authorized retailer both list the steel 42 mm references (IW344203 and IW344207) at $28,400. A perpetual calendar tracks the date, month, leap years and moon phase, so it is the first piece in the line that counts as a true complication.
4. Perpetual Calendar 44 in Armor Gold: $59,000
Armor Gold is IWC’s scratch-resistant gold alloy, used here in a 44 mm case. IWC’s US page lists the IW503702 at $59,000. It replaces the older rose gold Perpetual Calendar Perpetual Moonphase from our first list, which was priced at $31,640.
3. Perpetual Calendar 44 in white gold: $60,000
The white gold versions, IW503703 and IW503704, are listed at $60,000. They take the place of the old Hemisphere Moonphase at number three.
2. Portugieser Tourbillon: $156,000
A rose gold Portugieser Tourbillon (IW504507) is listed at $156,000 at an authorized retailer, while another Tourbillon reference is price on request. This replaces the old Minute Repeater, a six-figure piece we did not find in the current Portugieser listings we checked.
1. Portugieser Eternal Calendar: price on request
IWC presents the Eternal Calendar as its first secular perpetual calendar, built on the 400-year leap-year cycle rule, with a moon phase display accurate to about 45 million years. The 44 mm watch has a 168-hour (7-day) power reserve from two barrels. We could not find a published price, so we rank it first on complexity alone. It takes the old Grande Complication’s place at the top.
What happened to the Hand-Wound Eight Days?
The old Portugieser Hand-Wound Eight Days (reference IW5102) was reportedly discontinued, according to a company forum thread, after a run from about 2013 to 2016. A 150 Years edition (IW510212) carried the same eight-day hand-wound idea at 43.2 mm. We dropped it because we could not verify a current price.
Where to buy
These are the Amazon links from our original list, which cover earlier generations of the models above. Availability and prices vary.
- Earlier Portuguese Hand Wound (rose gold)
- Earlier Hand Wound Eight Days
- Earlier Automatic 7 Day Power Reserve
- Earlier Automatic Chronograph
- Earlier Chronograph Classic
- Earlier Yacht Club Chronograph
- Earlier Perpetual Calendar Perpetual Moonphase
- Earlier Perpetual Calendar Hemisphere Moonphase
- Earlier Minute Repeater
- Shop the IWC brand
Keep reading
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- 10 best TAG Heuer watches of all time: sportier chronographs for less
FAQ
How much is an IWC Portugieser?
In the US, the Portugieser Automatic 40 in steel is listed at $7,900, and the steel Chronograph at $9,200. Gold perpetual calendars cost about $59,000 to $60,000, and a rose gold tourbillon about $156,000.
What is the cheapest IWC Portugieser?
The steel Portugieser Automatic 40 (IW358305) at $7,900 is the lowest-priced reference we found. It has a 40.4 mm case, a blue dial and the in-house calibre 82200.
Is it Portuguese or Portugieser?
IWC’s current spelling is Portugieser, the German form. Many collectors and older articles use Portuguese for the same collection.
What is the most complicated IWC Portugieser?
The Portugieser Eternal Calendar. IWC describes it as its first secular perpetual calendar, with a moon phase display accurate to about 45 million years and a 7-day power reserve.
Does IWC still make the Portugieser Hand-Wound Eight Days?
The original IW5102 generation was reportedly discontinued, according to a company forum thread. We found no current price for it, so we left it off the ranking.
Which Portugieser is best for a first IWC?
The Automatic 40 in steel or the steel Chronograph. Both start under $10,000 and use classic Portugieser proportions.
How we valued it
Prices are US retail listings from an authorized retailer’s catalogue and IWC’s own US pages, checked in October 2026. Prices change by region, tax and time, and where IWC does not publish a price, we say so.
Last updated: October 2026.
