Reference

IWC Ingenieur

Reference 9225 · 18k Yellow Gold

16Live listings
$3kLow
$18kHigh
$6kMedian

The lowest current ask for the IWC Ingenieur (ref. 9225) is $10,250 at Bulang And Sons. The auction record is $26,000 (Phillips Hong Kong, 2026). Updated July 4, 2026. View lowest ask →

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About this reference

The IWC Ingenieur reference 9225 is an 18k yellow gold timepiece produced during the mid-to-late 1980s as part of the "Skinny" Ingenieur generation. Collectors value this reference for its 34mm Gérald Genta-inspired case design and its use of the ultra-thin caliber 2102, a quartz movement based on the ETA 210 series. This specific reference is noted for its integrated solid gold bracelet and the "SL" branding on the dial, signifying its lineage within the Steel Line heritage despite its precious metal construction. Due to low production volumes for solid gold variants during this era, the 9225 is relatively rare compared to its steel counterparts. On the secondary market, prices typically range from $12,000 to $18,000 depending on bracelet stretch and the presence of original documentation. A notable production detail is the use of a screw-down crown and sapphire crystal, maintaining the line's technical specifications.

Auction track record

2 documented sales since 2022. Top hammer $26,000 at Phillips Hong Kong in 2026. Median hammer: $21,420.

Ranks #28 of 46 IWC auction lots we track — see all IWC records.

Live inventory matching this reference

IWC IWC Ingenieur Automatic SL Khanjar Dial ref 3505 Steel and Gold Execution

IWC

IWC Ingenieur Automatic SL Khanjar Dial ref 3505 Steel and G

Ref. 3505 · Stainless Steel

$10k

IWC 1980s IWC Ingenieur SL 18K YG (Ref. 9230) Black "Graph Paper" Dial

IWC

1980s IWC Ingenieur SL 18K YG (Ref. 9230) Black "Graph Paper

Ref. 9230 · Stainless Steel

$18k

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IWC IWC Ingenieur SL ref. 9227 Linen Khanjar Dial from Original Owner Family with Box, Booklets, Original Certificate of Origin and Provenance in 18k yellow gold

IWC

IWC Ingenieur SL ref. 9227 Linen Khanjar Dial from Original

Ref. 9227 · 18k Yellow Gold

$16k

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IWC IWC Ingenieur IW3289-02

IWC

IWC Ingenieur IW3289-02

Ref. IW3289 · Stainless Steel

$12k

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IWC IWC Pilot's Watch Chronograph 41 TOP GUN Ceratanium IW388106 (Pre-owned)

IWC

IWC Pilot's Watch Chronograph 41 TOP GUN Ceratanium IW388106

Ref. — · Stainless Steel

$10k

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IWC IWC Ingenieur

IWC

IWC Ingenieur

Ref. 40970128 · Stainless Steel

$9k

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IWC IWC Pilot’s Chronograph C.03 for Collective (Sold Out)

IWC

IWC Pilot’s Chronograph C.03 for Collective (Sold Out)

Ref. — · Stainless Steel

$7k

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IWC IWC Ingenieur Reference 666 Silver Dial

IWC

IWC Ingenieur Reference 666 Silver Dial

Ref. 666 · Stainless Steel

$6k

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IWC IWC Ingenieur IW3239-02

IWC

IWC Ingenieur IW3239-02

Ref. IW3239 · Stainless Steel

$6k

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IWC IWC Ingenieur Chronograph Sport Limited Edition IW3809-01

IWC

IWC Ingenieur Chronograph Sport Limited Edition IW3809-01

Ref. IW3809 · Stainless Steel

$6k

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IWC IWC Big Pilot's Watch 43 Blue IW329304 (Pre-owned)

IWC

IWC Big Pilot's Watch 43 Blue IW329304 (Pre-owned)

Ref. — · Stainless Steel

$5k

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IWC IWC Ingenieur IW3506

IWC

IWC Ingenieur IW3506

Ref. IW3506 · Stainless Steel

$5k

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IWC IWC Ingenieur Automatic IW3570-02

IWC

IWC Ingenieur Automatic IW3570-02

Ref. IW3570 · Stainless Steel

$4k

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IWC IWC Ingenieur Chronograph AMG IW3725-03

IWC

IWC Ingenieur Chronograph AMG IW3725-03

Ref. IW3725 · Stainless Steel

$4k

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IWC IWC Ingenieur AMG Special Edition IW372503 Titanium

IWC

IWC Ingenieur AMG Special Edition IW372503 Titanium

Ref. 09726 · Grade 5 Titanium

$3k

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IWC IWC Ingenieur Vintage 1955 Laureus Sport For Good Foundation Limited Edition IW3233-10

IWC

IWC Ingenieur Vintage 1955 Laureus Sport For Good Foundation

Ref. IW3233 · Stainless Steel

$3k

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All documented hammer prices

For this reference (and close variants).

LotYearHammerVenue
9225 · Ingenieur "Royal Khanjar" 2026 $26,000 Phillips Hong Kong
9225 · Ingenieur SL 'Royal Khanjar' 2022 $21,420 Christie's Dubai

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