IWC Portugieser Portugieser Tourbillon Rétrograde Chronograph Armor Gold / Blue / Boutique Edition

Reference IW3940-05

IWC Portugieser Tourbillon Rétrograde Chronograph Armor Gold / Blue / Boutique Edition

About this watch

The IWC IW3940-05 Portugieser Tourbillon Rétrograde Chronograph Armor Gold / Blue / Boutique Edition is a masterpiece of horology, combining stunning design, innovative movement, and limited availability. This exquisite timepiece showcases IWC's commitment to precision and craftsmanship, featuring a tourbillon escapement and retrograde date indicator. The blue dial plays beautifully with the Armor Gold casing, creating a visually appealing contrast. With a diameter of 44.00 mm and height of 17.00 mm, this watch commands attention without being overly flashy. Its ergonomic design makes it surprisingly comfortable to wear, despite its size. The IWC Caliber 89900 movement powers the watch, offering a power reserve of 68 hours and frequency of 28,800 vibrations per hour. This limited edition piece is a rare find, produced in only 50 units, making it an exclusive investment opportunity for collectors. With a price tag that reflects its exclusivity and craftsmanship, this watch represents a worthwhile investment for those who value the art of watchmaking and high-performance timepieces.
Buy Now on Jomashop
This is an affiliate link

Key Features

  • IWC Caliber 89900 Automatic Movement
  • Tourbillon Escapement for Enhanced Accuracy
  • Retrograde Date Indicator for Visually Engaging Functionality
  • Flyback Chronograph for Precise Timing
  • Sapphire Glass for Scratch Resistance
  • Armor Gold Casing for Durability and Luxurious Feel
  • 30.00 m Water Resistance for Everyday Wear

Specifications

Brand
IWC
Family
Portugieser
Model
Portugieser Tourbillon Rétrograde Chronograph Armor Gold / Blue / Boutique Edition
Reference
IW3940-05
Movement
89900
Movement Features
  • Hours, Minutes, Small Seconds
  • Chronograph, Flyback, Column wheel
  • Tourbillon Escapement
Case
44mm
Dial Color
Blue
Crystal
Sapphire
Water Resistance
30

Current Listings

[WTS] IWC Portugieser - New 2025 Reference in perfect condition

IWC Portugieser - New 2025 Reference in perfect condition

Posted at
Mar 3, 2026, 11:08 AM
Active
View listing on r/WatchExchange
[WTS] IWC Schaffhausen Portugieser. Blue Hands/Indices. 40mm. IW358312. Card Included..

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

IWC Schaffhausen - IW358312 · $5,500
This IWC Portugieser is a beautiful watch with an inhouse movement, featuring blue hands and indices on a 40mm case.

  • Movement: inhouse
  • Size: 40mm diameter
  • Case material: not specified
Posted at
Feb 28, 2026, 3:38 PM
Active
View listing on r/WatchExchange
[WTS] IWC Portugieser Automatic IW500705 Full Set, 2 IWC Straps

IWC Portugieser Automatic IW500705 Full Set, 2 IWC Straps

IWC - IW500705 · $5,999
A classic IWC Portugieser Automatic with a clean black dial and iconic large-case presence. It includes two original IWC leather straps in black and navy for versatile wear options. The watch is powered by IWC's in-house automatic movement.

  • Condition: Full set, excellent condition
  • Movement: Automatic, running properly
  • Case size: 42.3mm diameter
  • Crystal status: Clean
Posted at
Feb 28, 2026, 3:18 PM
Active
View listing on r/WatchExchange
[WTS] IWC Portugieser 18K white gold IW500106

IWC Portugieser 18K white gold IW500106

IWC - IW500106 · $13,888
A rarely worn IWC Portugieser IW500106 comes with its original packaging and accessories, including a brand new blue alligator strap.

  • Condition: great minty condition
  • Warranty: yes, includes warranty card
  • Buckle Type: 18k white gold folding buckle
  • Additional Buckle: IWC stainless steel pin buckle
Posted at
Feb 28, 2026, 3:32 AM
Active
View listing on r/WatchExchange
[WTS] IWC Portugieser - 2025 Like New - $8500

IWC Portugieser - 2025 Like New - $8500

IWC - IW501705 · $8,500
A IWC Portugieser Automatic 42, one of the newest Portugieser references available. It remains under IWC factory warranty until March 2033 and features a sapphire crystal with AR coating.

  • Condition: Like-new condition
  • Case Size: 42.4 mm
  • Thickness: 12.9 mm
  • Movement: IWC Calibre 52011 Automatic
Posted at
Feb 22, 2026, 8:45 PM
Active
View listing on r/WatchExchange
[WTS] IWC Portugieser Automatic 40 - Silver Dial - 40mm - IW358312 - BRAND NEW

IWC Portugieser Automatic 40 - Silver Dial - 40mm - IW358312 - BRAND NEW

IWC - IW358312 · $7,200
A brand-new IWC Portugieser Automatic 40 watch in silver dial and 40mm size is being sold. The watch has a mechanical function without any issues.

  • Condition: Brand new, unworn, pristine condition
  • Case size: 40mm diameter
Posted at
Feb 21, 2026, 12:11 PM
Active
View listing on r/WatchExchange
[WTS] IWC Portugieser Automatic 40 - IW358305 2023 Box and Papers

IWC Portugieser Automatic 40 - IW358305 2023 Box and Papers

IWC - IW358305 · $4,600
The Portugieser Automatic 40 is a stainless steel watch with a blue dial and 30m water resistance, powered by an automatic movement. It features a 40mm case size and comes with a black leather strap.

  • Condition: Light pre-owned
  • Case Size: 40mm diameter
  • Material: Stainless Steel
  • Dial Color: Blue
Posted at
Feb 20, 2026, 9:15 PM
Active
View listing on r/WatchExchange
[WTS] 2023 IWC Portugieser Chronograph – Ref. IW371620 – White Dial / Blue Subdials – Full Set – Excellent Condition – $5,750 Shipped

2023 IWC Portugieser Chronograph – Ref. IW371620 – White Dial / Blue Subdials – Full Set – Excellent Condition – $5,750 Shipped

IWC - IW371620 · $5,750
The IWC Portugieser Chronograph features a clean, modern interpretation of the classic Portugieser design with a striking white dial and contrasting blue subdials. The 41mm case offers a balanced wrist presence while providing reliable performance from its automatic chronograph movement.

  • Condition: Excellent
  • Case Size: 41mm diameter
  • Movement: Automatic chronograph (IWC Caliber 69355)
  • Crystal: Sapphire (front and display caseback)
Posted at
Feb 20, 2026, 12:29 PM
Active
View listing on r/WatchExchange
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
View listing on RolexForums