The Basics

The original reference 325 ‘Portugieser’ was introduced in 1939, often said to be initiated by two Portuguese businesmen who asked for an oversized wristwatch with chronometer precision. The case, model 228, measured 41.5mm across and over the years housed several movements; -caliber 74 (1939-1951; 304 pieces produced -caliber 98 (1944-1970); 329 pieces produced -caliber 982 (1977-1981, so-called ‘German Edition’); 57 pieces produced. *numbers courtesy of IWC. Although the combination silver dial-Arabic numerals-feuille hands is the most iconic, a myriad of dial and hand designs were used.

Brand: IWC
Family: Portugieser
Reference: IW325-03 (aka: 325)
Name: Portugieser 325 Black / Sector / Feuille
Produced: 1939 – 1970
Limited: Yes, 690 units

Below is a detailed look at IWC’s model IW325-03 from Portugieser watch family, including the price, case details and movement features.

IWC Portugieser IW325-03

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The Details

IWC’s Portugieser 325 Black / Sector / Feuille (IW325-03 (aka: 325)) was originally released in 1939 – 1970. This watch features a hand-wound movement beating at a frequency of 18000 bph (2.5 Hz) to provide a 54-hour power reserve when fully wound.

The Case

The stainless steel case measures 41.5mm in diameter and roughly 9.5mm thick. The round case is paired with a silver color dial with feuille-shaped hands, and a mixed hour markers and minute track, covered by a plexi glass. IWC’s Portugieser model IW325-03 is water resistant up to 1 meters (3 ft). A solid caseback is over the back of the watch case.

Material: Stainless steel
Glass: Plexi
Back: Solid
Shape: Round
Diameter: 41.5mm
Height: 9.5mm
Lug Width: N/Amm
W/R: 1

Case Diameter

Case Thickness

Lug Width

Water Resistance

The Movement

The Portugieser IW325-03 movement is a powered by caliber 74 made by IWC. The 19-jewel hand-wound movement is 37.8mm in diameter. Its balance wheel oscillates at 18000 semi-oscillations per hour or 2.5 Hz. This movement offers a 54-hour power reserve.

Type: Hand-Wound
Brand: IWC
Caliber: 74
Base: N/A
Display: Analog
Diameter: 37.8mm
Jewels: 19
Reserve: 54 hours
Frequency: 18000 bph
Time: Hours, Minutes, Small Seconds

The Price

How much does the IWC’s Portugieser IW325-03 cost? This watch was introduced in 1939 and has been in IWC’s collection for around . This watch is a limited edition with just 690 pieces released. As with most luxury watches, the price of depends on the availability and demand.

CURRENT PRICE: Not Available

For more information, visit IWC online.


  • Brand: IWC
  • Model: Portugieser 325 Black / Sector / Feuille
  • Reference Number: IW325-03 (aka: 325)
  • Limited: Yes, 690 units

Case & Dial:

  • Material: Stainless steel
  • Glass: Plexi
  • Back: Solid
  • Diameter: 41.5
  • Thickness: 9.5
  • Lug Width: N/A
  • Dial Color: Silver
  • Indexes: Mixed and Feuille-shaped hands
  • Water Resistance: 1 meters


  • Winding: Hand-Wound
  • Brand: IWC
  • Caliber: 74
  • Display: Analog
  • Diameter: 37.8mm
  • Jewels: 19
  • Power Reserve: 54 hours
  • Frequency: 18000 bph
  • Functions: Hours, Minutes, Small Seconds

About IWC

IWC logo

IWC is based in Schaffhausen, Switzerland, and was founded in 1868. Its signature lines are the Pilot’s Watches and the Portugieser, while other famous collections are the Aquatimer, Portofino and the Da Vinci. Many of IWC’s designs display a industrial type of beauty not often found in Swiss watchmaking. The same goes for its movements; while of very high standards, they are finished with an … engineers touch rather than that of an artist. One could very well say that IWC’s approach to watchmaking is more German in nature compared to many of its competitors; the ‘form follows function’ adagio is one held in high esteem in Schaffhausen. Notable watches and innovations created by IWC in the past include the digital ‘Pallweber’ pocket watch, the late 1930’s Portugieser, the 1985 Da Vinci with Kurt Klaus perpetual module, the split-seconds mechanism as designed by Richard Habring and the ceramic Da Vinci and Flieger 3705 – introduced many years before the material became fashionable. IWC also pioneered the use of titanium in wristwatches. In recent years, IWC has had a strong focus on in-house movements with prices rising accordingly. IWC is part of the Richemont group.

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