How Much Is a Pre-Owned IWC Portofino Worth? (UK Guide, 2026)

Pre-owned IWC Portofino Automatic IW356517 in steel on a leather strap

A pre-owned IWC Portofino starts at roughly £1,700 to £2,300 for an older 40mm steel automatic in worn condition without box or papers, and the everyday steel Portofino Automatic most buyers actually want sits at about £2,300 to £3,300 as of July 2026. Chronographs, hand-wound Eight Days models and gold cases climb from there, and a Portofino in solid gold or with a moon phase can pass £13,000. These are asking prices from the wider UK market — a useful floor, not what a checked and guaranteed watch costs.

The Portofino is IWC’s dress watch: a clean, Bauhaus-influenced round case named after the Ligurian harbour town, built to slip under a cuff rather than shout across a room. That restraint is exactly why it holds a sensible, predictable secondhand price — there is no hype premium to evaporate, and no waiting list to distort the market.

Portofino harbour on the Italian Riviera, the town the IWC watch is named afterPortofino, Liguria — the Riviera town the watch takes its name from. Photo: Wikimedia Commons, CC BY 4.0.

What does a pre-owned IWC Portofino cost in 2026?

Price tracks three things: the movement (automatic, chronograph or hand-wound), the case metal, and whether the watch comes as a full set. A steel Portofino Automatic on a leather strap is the volume piece and the best value; a gold Portofino, or one of the complicated references, is a different watch at a different price. Segment before you compare.

Portofino (pre-owned) Typical UK asking price, July 2026
Older 40mm steel automatic (worn, no box/papers) £1,700 – £2,300
Steel Portofino Automatic 40mm, recent (IW356517 / IW356506) £2,300 – £3,300
Portofino Chronograph, steel £3,000 – £4,500
Portofino Hand-Wound Eight Days, steel £4,500 – £7,000
Portofino Automatic Moon Phase / two-tone £5,500 – £9,000
Solid gold Portofino (any complication) £8,000 – £13,000+

Figures are wider open-market asking prices (Watchfinder, Chrono24 UK, WatchCharts), as of July 2026 — indicative floors, not Chrono6538’s prices. Chrono6538 sells authenticated, checked and guaranteed pieces at a premium to the bare private-market floor.

Which reference should you look at?

For most people the answer is the 40mm steel Portofino Automatic — the IW356517 (silver dial) and IW356506 (black or blue dial) are the current-generation workhorses, with a date, a 42-hour or 60-hour automatic movement depending on year, and an exhibition caseback. They are handsome, sensibly sized and cheap to live with.

Pre-owned IWC Portofino Automatic IW356506 with a dark dial

Above that, the Portofino Chronograph adds a panda or reverse-panda sub-dial layout and a bit more wrist presence; the Hand-Wound Eight Days is the connoisseur’s pick, with a small-seconds and power-reserve display and a beautifully finished manual movement. Gold and moon-phase pieces are lovely but sell to a narrower audience, which is why they sit longer and discount harder on the secondhand market.

How well has the Portofino held its value?

Steadily, and without drama. Because IWC produces the Portofino in reasonable numbers and it has never been a speculative watch, prices have drifted gently rather than spiking and crashing the way steel sports models did in 2021–22. A good steel Portofino Automatic bought pre-owned tends to be one of the more liquid dress watches to resell, precisely because its price is honest. This is a description of how the model has behaved, not investment advice — values can fall as well as rise.

What to check before you buy

Ask for box and papers, or at least a service history — a full set adds real money and makes the watch easier to sell on. Confirm the reference against the dial and caseback, check the movement runs to time, and look at the strap and buckle, which are expensive to replace on a gold-buckled example. A worn strap is normal; a redialled or over-polished case is not, and either should move the price.

Where to buy a pre-owned Portofino

Buy from a seller who authenticates and guarantees the watch rather than the cheapest private listing you can find — the difference in price is small next to the cost of a fake or a tired movement. You can see the current IWC watches at Chrono6538 →, each checked and photographed in-house.

Last updated: July 2026. Prices are indicative wider-market asking prices and change with condition, configuration and availability. Not investment advice.

CHRONO6538 LTD · Registered in England and Wales, company number 12844120 · VAT registration GB495892911 · Booths Hall, Booths Park, Chelford Road, Knutsford, WA16 8GS