The IWC Portugieser 5001 was first released back in 2004. It boasts a 42.3mm case and an automatic movement with a power reserve indicator at 3 o'clock, a date display at 6 o'clock, and a small seconds sub-dial at 9 o'clock.The initial versions were equipped with caliber 50010 (around 2004-2005), while newer models use either the 51010 (2005-2007) or 51011 (2007 onwards).The reference IW5001-21 is a special edition with a Red Gold case and a Grey dial featuring champagne sub-dials. It was exclusively available at boutiques and originally planned to have 500