{"reference": {"slug": "iwc-1868", "brand": "IWC", "ref": "1868", "model": "Il Destriero Scafusia", "case_material": "18k White Gold", "provenance": "extracted_from_auction_comps", "url": "https://mostexpensivewatches.net/reference/iwc-1868", "description": "The IWC Il Destriero Scafusia reference 1868 was produced between 1993 and 1999 to commemorate the brand’s 125th anniversary. Limited to 125 pieces in each metal, the white gold variant is valued for housing the manual-wind caliber 18680, which integrates 22 complications. These include a flying tourbillon, a perpetual calendar with a four-digit year display, a split-seconds chronograph, and a minute repeater. The 42mm case features a hunter-style caseback that opens to reveal the movement, which is hand-engraved and skeletonized. Collectors prioritize this reference as the most complex wristwatch produced by IWC during the mechanical revival era. On the secondary market, this reference typically trades in the low-to-mid six-figure range, often between $120,000 and $180,000 depending on provenance. A notable production detail is that the movement was based on a heavily modified Valjoux 7750 architecture, re-engineered by Richard Habring and Kurt Klaus."}, "listing_stats": {"count": 0, "median": 0, "low": 0, "high": 0}, "listings": [], "auction_lots": [{"slug": "iwc-1868-2021", "brand": "IWC", "reference": "1868", "model": "Il Destriero Scafusia 'Warhorse'", "case_material": "18k White Gold", "hammer_usd": 418000, "year_sold": 2021, "venue": "Christie's Hong Kong", "lot_summary": "An extremely rare example with full diamond setting of IWC's most complicated wristwatch, featuring a tourbillon, minute repeater, and perpetual calendar.", "source_url": "https://www.christies.com/en/lot/lot-6317424", "provenance": "ai_generated_grounded", "url": "https://mostexpensivewatches.net/auctions/iwc-1868-2021"}, {"slug": "iwc-1868-2015", "brand": "IWC", "reference": "1868", "model": "Il Destriero Scafusia", "case_material": "Platinum", "hammer_usd": 100000, "year_sold": 2015, "venue": "Phillips Geneva", "lot_summary": "Launched for IWC's 125th anniversary, this was the most complicated wristwatch in the world at the time of its release in 1993.", "source_url": "https://www.phillips.com/detail/iwc/CH080215/150", "provenance": "ai_generated_grounded", "url": "https://mostexpensivewatches.net/auctions/iwc-1868-2015"}]}