IWC Portugieser Portuguese Hand-Wound Panda

Reference IW5454-05

About this watch

The IWC IW5454-05 Portuguese Hand-Wound Panda is a masterpiece of elegance and functionality. Crafted from high-quality stainless steel, this timepiece exudes durability and strength. The sapphire glass protects the dial from scratches, while the open case back allows you to admire the intricate inner workings of the movement. Powered by the IWC-manufactured Caliber 98295, a hand-wound movement offering precision and reliability, this watch stays ticking even when taken off for days. Its stunning design, combined with its powerful movement and comfortable wear, make it a must-have for anyone serious about watches.
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MSRP: $8,100
Market Price: $4,285

Key Features

  • IWC Caliber 98295 Hand-Wound Movement
  • 44mm Stainless Steel Case Diameter
  • Sapphire Crystal Glass Protection
  • 30m Water Resistance Rating
  • 46-Hour Power Reserve
  • 18,000 Vibrations per Hour Frequency

Specifications

Brand
IWC
Family
Portugieser
Model
Portuguese Hand-Wound Panda
Reference
IW5454-05
Movement
98295
Movement Features
  • Hours, Minutes, Small Seconds
Case
Stainless Steel 44mm
Dial Color
Silver
Crystal
Sapphire
Water Resistance
30

Current Listings

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

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

IWC - IW358312 · $5,350
This IWC Portugieser is a gorgeous timepiece with an inhouse movement, featuring blue hands and indices on a 40mm case.

  • Movement type: inhouse automatic
  • Diameter: 40mm
Posted at
Mar 24, 2026, 7:16 PM
Active
[WTS] IWC Portugieser Automatic 40 - Silver Dial - 40mm - IW358312 - BRAND NEW

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

IWC - IW358312 · $7,125
This is an IWC Portugieser Automatic 40 with a silver dial and 40mm case size. It's brand new and functions perfectly mechanically.

  • Condition: Brand new, unworn
  • Case diameter: 40mm
Posted at
Mar 21, 2026, 11:52 AM
Active
[WTS] IWC Portugieser Chronograph IW371417 – Box & Papers – Automatic – Excellent Condition

IWC Portugieser Chronograph IW371417 – Box & Papers – Automatic – Excellent Condition

IWC - IW371417 · $4,850
A clean example of the IWC Portugieser Chronograph IW371417, featuring a classic silver dial with Arabic numerals and blued hands. This is one of IWC’s most recognizable and wearable chronographs, offering a refined profile with strong everyday versatility.

  • Condition: Excellent
  • Case Size: 41mm diameter
  • Movement: Cal. 79350 automatic movement
  • Case Material: Stainless Steel
Posted at
Mar 18, 2026, 10:09 PM
Active
[WTS] IWC Portugieser Chronograph Rattrapante “Edition Boutique Canada” – Ref. IW371220 – #027/150 – Full Set

IWC Portugieser Chronograph Rattrapante “Edition Boutique Canada” – Ref. IW371220 – #027/150 – Full Set

IWC - IW371220 · $8,000
This is a rare IWC Portugieser Chronograph Rattrapante, one of only 150 pieces produced for the Edition Boutique Canada. It features a rattrapante complication, allowing two simultaneous elapsed times to be measured independently.

  • Condition: Excellent, lightly worn
  • Movement: IWC Caliber 76240, hand-wound rattrapante chronograph
  • Case size: 40.9mm diameter
  • Water resistance: 30m depth rating
Posted at
Mar 15, 2026, 6:08 PM
Active
[WTS] 2023 IWC Portugieser Automatic 40 IW358312 Full Set Excellent

2023 IWC Portugieser Automatic 40 IW358312 Full Set Excellent

IWC - IW358312 · $6,597
A refined, modern interpretation of the classic Portugieser design.

  • Condition: Excellent
  • Year: 2023
  • Contents: Full Set
Posted at
Mar 14, 2026, 3:04 PM
Active
[WTS] IWC Portugieser Automatic 40 - Silver Dial - 40mm - IW358312 - BRAND NEW

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

IWC - IW358312 · $7,150
This IWC Portugieser Automatic is a brand new watch with a silver dial and 40mm case size. It features a mechanical movement and includes a full set of accessories.

  • Condition: Brand new, unworn, pristine condition
  • Case diameter: 40mm
Posted at
Mar 14, 2026, 11:29 AM
Active
[WTS] IWC 1993 Portugieser Jubilee Ref. 5441 — 18k Rose Gold — Limited Edition

IWC 1993 Portugieser Jubilee Ref. 5441 — 18k Rose Gold — Limited Edition

IWC - 5441 · $15,249
This 1993 IWC Portugieser Jubilee Ref. 5441 is a historically significant limited edition watch produced in 18k rose gold to celebrate International Watch Company's 125th anniversary.

  • Condition: Very good, minor scuffing around the 10 o'clock area on the crystal
  • Case size: ~42mm diameter
  • Dial material: silver
  • Movement type: manual-winding
Posted at
Mar 13, 2026, 7:13 PM
Active
[WTS] IWC Portugieser Automatic 40.4mm - Full Set - Warranty to 2030

IWC Portugieser Automatic 40.4mm - Full Set - Warranty to 2030

IWC - IW358304 · $5,300
The Portugieser Automatic has a classic dial design and ergonomically optimized strap horns for greater comfort, available in a 40.4mm stainless steel case with a silver-plated dial and blue tone appliqués.

  • Case Size: 40.4mm
  • Movement: IWC-manufactured 82200-calibre
Posted at
Mar 13, 2026, 10:35 AM
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