Skip to product information
IWC Schaffhausen IW510203 Portugieser Hand-Wound Eight Days Silver Plated Arabic Stainless Steel Black Leather 43mm Manual

IWC Schaffhausen IW510203 Portugieser Hand-Wound Eight Days Silver Plated Arabic Stainless Steel Black Leather 43mm Manual IWC Schaffhausen IW510203 Portugieser Hand-Wound Eight Days…

Reference IW510203

Full watch configuration

IWC Schaffhausen IW510203 Portugieser Hand-Wound Eight Days Silver Plated Arabic Stainless Steel Black Leather 43mm Manual

$7,899.00

By IWC

Sourced to order. We confirm the watch, condition and final price before purchase. Reference images shown.

Eligible watches: 90-day returns for store credit only. Brand-new watches and other exclusions are final sale. Return terms.

IWC Schaffhausen IW510203 Portugieser Hand-Wound Eight Days Silver Plated Arabic Stainless Steel Black Leather 43mm Manual

IWC Schaffhausen IW510203 Portugieser Hand-Wound Eight Days Silver Plated Arabic Stainless Steel Black Leather 43mm Manual

Current Catalogue Asking Price:

Your Offer

$

Submit your offer for review. Availability and the final price require confirmation.

Preferred Contact Method
I have a trade-in / add a note

Reserve with $200

IWC Schaffhausen IW510203 Portugieser Hand-Wound Eight Days Silver Plated Arabic Stainless Steel Black Leather 43mm Manual

Catalogue watch price: $7,899.00 USD

Your $200 deposit is applied to the watch’s purchase price. It is refundable only if Bizak & Co. cannot fulfill your order.

Estimated remaining balance: $. Pay by bank wire or cryptocurrency after we confirm your watch and final invoice. Shipping and applicable taxes are additional.

Shipping details · Return terms

Watch shipping is paid with the final balance: $100 for U.S. overnight delivery or $500 internationally. Applicable taxes and import charges are additional.

After payment, our team starts the tailored search and contacts you to confirm the specific watch and final invoice. A deposit does not guarantee a unit, the listed price or a delivery date.

Need installments? Check eligibility before paying a deposit.

Speak with a Bizak & Co. specialist about this piece

|Call or Text

The IWC Schaffhausen Portugieser Hand-Wound Eight Days reference IW510203 is a 43mm stainless steel dress watch featuring a silver plated dial with classic Arabic numerals and an eight-day manual-winding movement, offered with a black leather strap. This reference distills the Portugieser's century-long marine-chronometer heritage into an elegantly legible package that balances horological tradition with everyday wearability.

The IW510203 stands out for its generous power reserve, unhurried hand-wound ritual, and uncluttered dial — qualities that resonate with collectors who value mechanical discipline over complication for its own sake. Browse this reference at Bizak & Co. or contact our team to purchase online with confidence.

Compare it across every Portugieser reference we carry, or browse the full IWC Schaffhausen collection at Bizak & Co.

Buy this Portugieser, trade in your current watch, or sell us yours. Contact Bizak & Co. to make an offer or request a fair-market valuation.

Not the exact one you’re looking for?

Source your dream watch

Learn More

The IWC Portugieser is one of watchmaking's most storied dress-watch lineages, born in 1939 when two Portuguese merchants commissioned IWC to fit the precision of a marine-grade pocket-watch movement into a wristwatch case — a brief that has guided every Portugieser since. The result was a larger-than-average case, a clean white or silver dial with bold Arabic numerals, and a dedication to mechanical accuracy that set the family apart from purely decorative contemporaries. Reference IW510203 honours that founding philosophy without compromise.

The 43mm stainless steel case of the IW510203 wears with the assured presence that defines the Portugieser line. Stainless steel gives the case both durability and a cool, bright lustre that complements the silver plated dial beautifully, while keeping the watch accessible to a wider range of collectors than precious-metal variants. The proportions — substantial but never overwhelming — sit confidently on the wrist and read across a room, exactly as a dress watch with maritime roots should.

At the heart of the IW510203 is a manual-winding movement engineered to deliver eight full days of power reserve. The eight-day reserve is a deliberate nod to the pocket-watch and marine-chronometer tradition, where a longer mainspring run reduced the frequency of winding and improved rate consistency. Winding this watch becomes a weekly ritual rather than a daily obligation, reinforcing the connection between owner and movement that hand-wound watches uniquely provide.

The silver plated dial is dressed with crisp Arabic numerals in the style that has defined the Portugieser since its debut — large, unambiguous, and arranged so that legibility is never sacrificed to aesthetics. The absence of unnecessary sub-dials or complications keeps the eye anchored on the time, a restraint that distinguishes the IW510203 from busier alternatives in IWC's catalogue. A black leather strap completes the presentation, lending classic formality that transitions naturally from boardroom to evening.

Buying the IWC Portugieser IW510203 new from Bizak & Co. means acquiring a timepiece at a compelling price point from a trusted luxury watch dealer committed to authenticity. Whether you are adding a cornerstone dress watch to your collection or purchasing your first serious mechanical piece, the IW510203 represents enduring value — a reference whose clean design and long power reserve will remain relevant long after fashion trends have moved on. Reach out to the Bizak & Co. team online to confirm availability, ask questions, or complete your purchase with confidence.

Technical Details
Reference
IW510203
Model
Portugieser
Movement
Manual
Case material
Stainless Steel
Bracelet material
Leather
Dial
Silver Plated Arabic
Case size
43mm
FAQ

1. What makes the IWC Portugieser IW510203 special?
The IW510203 combines the Portugieser's iconic large-Arabic-numeral silver dial with an eight-day manual-winding movement in a 43mm stainless steel case — a configuration that honours IWC's marine-chronometer heritage. Its long power reserve and uncluttered aesthetic make it one of the most mechanically satisfying dress watches in the Portugieser family.

2. What movement powers the IWC IW510203?
The IW510203 is driven by a manual-winding movement with an eight-day power reserve, continuing the Portugieser's tradition of fitting pocket-watch-grade movements into a wristwatch case. Owners wind the watch approximately once a week, connecting them to the mechanical discipline that defines the line.

3. What is the case size of the IWC Portugieser IW510203?
The IW510203 features a 43mm stainless steel case, a size consistent with the traditional Portugieser proportions that give the watch its signature bold wrist presence. The stainless steel construction provides durability and a bright, polished lustre suited to both formal and smart-casual wear.

4. Is the IWC Portugieser IW510203 suitable for everyday wear?
The Portugieser IW510203 is best appreciated as a dress or occasion watch given its clean dial and leather strap, though its stainless steel case offers meaningful everyday resilience. Collectors who favour a refined, manually wound watch as their daily companion will find the eight-day reserve especially practical.

5. What does the dial of the IW510203 look like?
The dial is silver plated and features bold Arabic numerals in the classic Portugieser style, prioritising legibility and elegance over ornamentation. It is paired with a black leather strap that reinforces the watch's formal, timeless character.

6. How can I buy the IWC Portugieser IW510203 from Bizak & Co.?
The IW510203 is available at bizakandco.com, where you can browse pricing, confirm current stock, and complete your purchase securely online. You are also welcome to contact the Bizak & Co. team directly with any questions — we are here to ensure you acquire the right watch with full confidence.

Certified Authenticity

Every watch is authenticated before delivery.

Real Family Business

You're buying from genuine people, 30 years in business.

Bizak & Co. Warranty

Every watch is checked by us before shipping.

5 Years Warranty

Our five-year Bizak & Co. warranty covers manufacturing defects affecting mechanical operation under normal use, starting on delivery. It is separate from any remaining manufacturer warranty.

Exclusions include accidental damage, misuse, water damage, cosmetic damage, normal wear, loss and theft. Coverage and service availability for vintage or modified watches are confirmed in writing before purchase.

Read the full warranty terms and service instructions. 

90-Day Returns for Store Credit

Eligible watches may be returned within 90 days for store credit. Brand-new watches and other exclusions are final sale.

Read eligibility, condition requirements, and exclusions.

Insured delivery

Insured shipping

U.S. overnight shipping is $100; international shipping is $500. Dispatch takes 2–3 business days after your wire clears. International transit times vary. Shipping details.

You might also like...

Customer Reviews

Read our reviews on Trustpilot

  • Great family business

    Great family business. They went out of their way to make my purchase go smoothly, they definitely earned my watch business!

    Paul

    Read on Trustpilot ↗
  • Good seller

    Good seller. Honest family

    Mateusz

    Read on Trustpilot ↗
  • Honest family company

    Honest family company. I’ve done business many times!

    Mollie

    Read on Trustpilot ↗
  • Trusted Seller

    Trusted Seller, Definitely recommend for all watches purchase!

    Consumer

    Read on Trustpilot ↗
  • Trusted and honest seller

    Trusted and honest seller. Deal with confidence.

    Jean Dib

    Read on Trustpilot ↗