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Auction: The Geneva Watch Auction: FOUR
was auctioned on: 12 November 2016
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Estimate: CHF30,000 - CHF60,000
ca. US$30,114 - US$60,229
Price realised:  CHF62,500
ca. US$62,739
Lot number 16, Views: 59

IWC Ref. 325
Manufacturer: IWC Year: 1943 Reference No: 325 Movement No: 931'903 Case No: 1'087'195 Model Name: Portugieser Material: Stainless steel Calibre: Manual, cal. 74, 16 jewels Bracelet/Strap: Leather Clasp/Buckle: Stainless steel contemporary IWC pin buckle Dimensions: 42mm. Diameter Signed: Case, dial and movement signed Accessories: Accompanied by product literature and IWC Certificate and Extract from the Archives confirming sale of this watch on July 16, 1943 Catalogue Essay IWC’s Portugieser reference 325 has become an iconic wristwatch amongst collectors both for its historical place within the firm’s production, and for its modern lines and oversized case. The name Portugieser is rooted in the city of Lisbon, Portugal, however it was collectors who later bestowed the name to the watch. It is believed Messrs. Rodrigues and Antonio Teixera, Lisbon wholesalers, approached IWC with a request for a large sized man’s wristwatch with the precision of a marine chronometer. The firm honored their wish, the first examples were sent to Ukraine and it was not until February 2nd, 1942 that the first models were delivered to Portugal. This three-year delay may be explained in part due to the political turmoil during that period. Unfortunately, the oversized case was not popular at the time and demand remained low for the timepiece, so it was never placed in IWC’s catalogue. Today, the unusual model has become a coveted gem amongst IWC vintage watches. The present lot is from the first series of Portugiesers, housed with a pocket watch caliber 74. According to the IWC archives, only 304 examples of the first series were produced between 1939 and 1952. The present lot remains well preserved in stunning condition. The white Breguet numerals and 24-hour outer scale adorning the glossy black dial provide an arresting and dramatic contrast. Our research shows that over the past decade, only eight examples of the reference 325 have appeared at auction, and in our opinion, the present timepiece is amongst the best preserved and most attractive examples offered. Last but not least, it is highly interesting to know that IWC presented an identical watch with black dial on the Portugieser presentation booklet. This IWC Portugieser will appeal to all collectors who seek a watch with inimitable style, a fascinating horological history, and superb condition. Read More

Informations about the auction
Auction house: Phillips
Title: The Geneva Watch Auction: FOUR
Date of the auction: 12 Nov 2016 - 13 Nov 2016
Address: Phillips