IWC Portugieser Portuguese Tourbillon Mystère Rétrograde Red Gold / Silver

Reference IW5044-02

IWC Portuguese Tourbillon Mystère Rétrograde Red Gold / Silver

About this watch

The IWC IW5044-02 Portuguese Tourbillon Mystère Rétrograde is a masterpiece that beautifully merges function with art. This limited-edition watch in red gold and silver features a stunning round case, a sophisticated silver dial, and feuille hands that sweep elegantly around the dial. At its heart lies the IWC caliber 51900 movement, a marvel of engineering with a power reserve of 168 hours and 44 jewels. The tourbillon escapement minimizes positional errors, ensuring impeccable timekeeping regardless of how the watch is worn. With a case diameter of 44.20 mm and a height of 15.50 mm, this substantial watch feels surprisingly comfortable on the wrist. The sapphire crystal glass provides excellent visibility, while the power reserve indicator allows wearers to gauge how much energy is left in the movement at a glance. This limited-edition timepiece, available in just 500 pieces, embodies years of watchmaking history and represents an incredible value considering its features and exclusivity.

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MSRP: $98,900

Market Price: $33,974

Key Features

IWC caliber 51900 automatic movement
44 jewels and 19,800 vibrations per hour
168-hour power reserve
Tourbillon escapement for improved accuracy
Retrograde date display with semi-circular scale
Sapphire crystal glass for scratch-resistance and visibility
Luxurious leather strap for a personalized fit

Specifications

Brand

IWC

Family

Portugieser

Model

Portuguese Tourbillon Mystère Rétrograde Red Gold / Silver

Reference

IW5044-02

Movement

51900

Movement Features

Hours, Minutes, Small Seconds
Date
Power Reserve Indicator, Tourbillon Escapement

Case

Red Gold 44.2mm

Dial Color

Silver

Crystal

Sapphire

Water Resistance

Current Listings

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

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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

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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

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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

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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

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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

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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

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IWC Portugieser - Mint Condition - 2025 Release

IWC - Portugieser IW501705 · $8,350

This IWC Portugieser is a stunning watch with a new dial manufacturing method. It's 42mm in size and has a 7-day automatic movement.

Condition: Like-new
Case size: 42.4 mm diameter
Thickness: 12.9 mm height
Movement: IWC Calibre 52011 Automatic

Posted at

Mar 10, 2026, 11:03 AM

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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

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