Reference

IWC Ocean 2000 Bund

Reference 3529 · Titanium

3Live listings
¥936,000Low
¥2,379,000High
¥1,162,200Median

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About this reference

The IWC Ocean 2000 Bund reference 3529 was produced during the 1980s and 1990s as a specialized military variant of the Porsche Design collaboration. Collectors prioritize this reference for its 42mm bead-blasted titanium case, integrated bracelet system, and the caliber 37521 automatic movement. Unlike civilian models, the Bund 3529 features a flat sapphire crystal, a black bezel with minute markers, and a dial utilizing orange tritium minute hands for high visibility. These watches were issued to West German Navy combat divers (Minentaucher), and authentic examples bear "Bund" engravings and NSN stock numbers on the caseback. Current secondary market prices typically range from $12,000 to $18,000 depending on provenance and the inclusion of the original Velcro strap. A notable production detail is the AMAG variant, which utilized non-magnetic materials for mine clearance divers and commands significantly higher premiums at auction.

Auction track record

1 documented sale since 2023. Top hammer $28,000 at Phillips Geneva in 2023. Median hammer: $28,000.

Ranks #27 of 46 IWC auction lots we track — see all IWC records.

All documented hammer prices

For this reference (and close variants).

LotYearHammerVenue
3529 · Ocean 2000 Bund 2023 $28,000 Phillips Geneva

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