IWC Portugieser Portuguese Hand-Wound Reverse Panda

Reference IW5454-04

About this watch

The IWC Portugieser IW5454-04 Portuguese Hand-Wound Reverse Panda is a masterclass in luxury watch design. This stunning timepiece boasts an oversized dial with a striking black and white Reverse Panda configuration, featuring Arabic numerals for enhanced readability. The hand-wound IWC caliber 98295 movement offers precision and elegance, while the open case back provides a glimpse into its intricate workings. With a 44mm stainless steel case and sapphire crystal, this watch exudes sophistication and durability. Whether you're dressing up or adding a touch of elegance to your everyday attire, the IW5454-04 is sure to impress with its unique aesthetic and historical significance. It's more than just a timepiece – it's a statement of style and fine craftsmanship. With its reliable movement and comfortable wearability, this watch appeals to both seasoned collectors and newcomers alike.
Buy Now on Jomashop
This is an affiliate link
MSRP: $7,300
Market Price: $4,717

Key Features

  • IWC-manufactured caliber 98295 hand-wound movement
  • 44mm stainless steel case with sapphire crystal
  • Reverse Panda dial configuration with Arabic numerals
  • Open case back for a glimpse into the movement's mechanics
  • 46-hour power reserve and 30-meter water resistance

Specifications

Brand
IWC
Family
Portugieser
Model
Portuguese Hand-Wound Reverse Panda
Reference
IW5454-04
Movement
98295
Movement Features
  • Hours, Minutes, Small Seconds
Case
Stainless Steel 44mm
Dial Color
Black
Crystal
Sapphire
Water Resistance
30

Current Listings

[WTS] IWC Portugieser Automatic 40 (IW358303) – Full Set

IWC Portugieser Automatic 40 (IW358303) – Full Set

A clean and elegant dress watch with classic IWC aesthetics, suitable for formal or business-casual occasions.

Posted at
Aug 14, 2025, 3:07 PM
Active
IWC Portugieser Automatic - Silver Dial - 42.4mm - IW501702 ( unworn / 2024 )

IWC Portugieser Automatic - Silver Dial - 42.4mm - IW501702 ( unworn / 2024 )

IWC - IW501702 · $10,450.001
This is an IWC Portugieser Automatic watch with a silver dial, measuring 42.4mm in diameter, and features a stainless steel case and the IWC In-House Calibre 52011 movement.

  • Condition: Unworn
  • Case material: Stainless Steel
  • Case size: 42.4mm diameter
  • Movement: IWC In-House Calibre 52011
Posted at
Aug 14, 2025, 2:48 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
IWC Portugieser Portugieser F.A. Jones in Rose Gold 5442-01 Limited Edition

IWC Portugieser Portugieser F.A. Jones in Rose Gold 5442-01 Limited Edition

IWC - IW544201 · $10,140
This is a limited edition IWC Portugieser F.A. Jones watch in rose gold, featuring mechanical manual movement and measuring 43mm in size.

  • Condition: 90%
  • Size: 43mm diameter
  • Case material: 18K Rose Gold
  • Limited edition: 1000 pieces
Posted at
Mar 7, 2025, 10:20 AM
Active
Reduced! IWC Portugieser Chronograph - 18k Rose Gold

Reduced! IWC Portugieser Chronograph - 18k Rose Gold

IWC - 3714-02 · $7,500
The IWC Portugieser Chronograph is an icon of watchmaking. This timeless design, with its perfect proportions and understated elegance, has captivated collectors worldwide.

  • Condition: Excellent
  • Case material: 18k solid rose gold
  • Bracelet type: Original IWC Leather Strap
Posted at
Mar 1, 2025, 9:09 PM
Active
IWC Portugieser Minute Repeater Grey Dial White Gold 43mm Ref. IW524205 REDUCED!

IWC Portugieser Minute Repeater Grey Dial White Gold 43mm Ref. IW524205 REDUCED!

IWC - IW524205 · $39,995
The IWC Portugieser Minute Repeater is a brilliant invention from the 17th century, featuring a sonorous minute repeating mechanism that chimes out the hours, quarters and minutes on two finely tuned gongs. The watch has a grey dial and is housed in an 18k white gold case with a diameter of 43mm.

  • Condition: Excellent to Like New
  • Case size: 43mm
  • Water resistance: 0.0 bar
  • Movement caliber: 95290
Posted at
Feb 24, 2025, 6:29 PM
Active
IWC Portugieser Chronograph - 18k Rose Gold

IWC Portugieser Chronograph - 18k Rose Gold

IWC - 3714-02 · $7,750
The IWC Portugieser Chronograph is an icon of watchmaking with a timeless design and understated elegance. This 18k solid rose gold version offers a significant increase in luxury and exclusivity.

  • Condition: Excellent
  • Case material: 18k solid rose gold
  • Band: Original IWC Leather Strap with 18k RG Tang Buckle
Posted at
Feb 20, 2025, 10:07 PM
Active