IWC Portuguese Jubilee

About this reference

The IWC Portuguese Jubilee Reference 5441 was produced in 1993 to commemorate the 125th anniversary of the brand. This reference reintroduced the Portuguese line to the modern catalog, utilizing a 42mm case that mirrored the dimensions of the 1939 original. Collectors prioritize this model for its use of the Calibre 9828, a manual-wind pocket watch movement visible through a sapphire caseback. The stainless steel version features a silvered dial with embossed Arabic numerals, leaf-shaped hands, and a small seconds sub-dial at six o'clock. Production of the steel variant was limited to 1,000 numbered pieces, alongside smaller runs in platinum and rose gold. On the secondary market, the stainless steel 5441 typically trades between $12,000 and $18,000 depending on the presence of original box and papers. A full set including the original wooden presentation box often commands the higher end of this range.