The IWC Portuguese Minute Repeater (Ref. IW544907) is a masterpiece of haute horlogerie. Its filigree repeating movement strikes the hours, quarter hours, and minutes at the touch of a button - a complication that stands for the highest craftsmanship. The manufacturer's warranty has been extended until 2030. This model is limited to just 500 pieces. The lower strap section is embossed with the initials of the original buyer. With an original list price of just over €90,000, IWC offers an exceptional watch at a comparatively attractive price. While Minute Repeater models from Patek Philippe or Audemars Piguet often cost well over €200,000, this model is currently trading on the secondary market for even less than its original list price – a rare opportunity to acquire one of watchmaking's most fascinating complications at a fair price.