Grand Seiko SBGW231vsIWC Portugieser Automatic

Complete head-to-head comparison

Comparing the Grand Seiko SBGW231 ($5k–$5k, 50m WR, 37mm) against the IWC Portugieser Automatic ($7k–$8k, 30m WR, 40mm). The Grand Seiko SBGW231 is the more affordable option by $3k.

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IWC Portugieser Automatic official product image

IWC

Portugieser Automatic

Ref. IW358303

$7k–$8k

Pre-owned: $6k–$7k

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Price

SBGW231$5k–$5k
Portugieser Automatic$7k–$8k

Water Resistance

SBGW23150m
Portugieser Automatic30m

Score

SBGW2318/10
Portugieser Automatic8/10

Repurchase

SBGW23180%
Portugieser Automatic80%

Specifications Compared

SBGW231
Portugieser Automatic
Case Diameter
SBGW231
37mm
Portugieser Automatic
40mm
Case Thickness
SBGW231
10.8mm
Portugieser Automatic
10.8mm
Lug Width
SBGW231
19mm
Portugieser Automatic
20mm
Lug-to-Lug
SBGW231
44mm
Portugieser Automatic
47mm
Movement
SBGW231
manual
Portugieser Automatic
automatic
Caliber
SBGW231
9S64
Portugieser Automatic
Cal. 82100
Power Reserve
SBGW231
72h
Portugieser Automatic
60h
Water Resistance
SBGW231
50m
Portugieser Automatic
30m
Crystal
SBGW231
sapphire
Portugieser Automatic
sapphire
Case Material
SBGW231
Stainless Steel
Portugieser Automatic
Stainless Steel
Bracelet/Strap
SBGW231
Leather
Portugieser Automatic
Alligator leather
Price (New)
SBGW231
$5k–$5k
Portugieser Automatic
$7k–$8k
Price (Pre-owned)
SBGW231
$4k–$5k
Portugieser Automatic
$6k–$7k
Style
SBGW231
dress, luxury
Portugieser Automatic
dress, luxury

Pros & Cons

Grand Seiko SBGW231

Pros

  • 72-hour power reserve
  • Sapphire crystal
  • Durable stainless steel case

Cons

  • Limited water resistance

IWC Portugieser Automatic

Pros

  • 60-hour power reserve
  • In-house automatic movement
  • Sapphire crystal
  • Durable stainless steel case

Cons

  • Limited water resistance (30m)

Community Verdict

Too Close to Call

Grand Seiko SBGW231 is the value winner at $5k–$5k — over 50% cheaper than the IWC Portugieser Automatic ($7k–$8k). Grand Seiko SBGW231 offers manual craftsmanship; IWC Portugieser Automatic runs quartz for higher accuracy and lower maintenance. Case size: IWC Portugieser Automatic at 40mm suits larger wrists; Grand Seiko SBGW231 at 37mm is the more compact option.

SBGW231Community RatingPortugieser Automatic
50%50%
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Frequently Asked Questions

Which is better: Grand Seiko SBGW231 or IWC Portugieser Automatic?

Both are excellent watches with different strengths. The Grand Seiko SBGW231 offers a more compact size and costs less new. The IWC Portugieser Automatic excels in overall construction. The best choice depends on your wrist size, budget, and preferred aesthetic.

What's the price difference?

The Grand Seiko SBGW231 retails for $5k–$5k, while the IWC Portugieser Automatic is priced at $7k–$8k. Pre-owned, expect $4k–$5k and $6k–$7k respectively. Actual secondary market prices vary based on condition and demand.

How do the case sizes compare?

The Grand Seiko SBGW231 has a 37mm case diameter with 10.8mm thickness, while the IWC Portugieser Automatic measures 40mm × 10.8mm. Both have lug-to-lug measurements of 44mm and 47mm respectively. Consider your wrist size and wear style when deciding.

Which has better water resistance?

The Grand Seiko SBGW231 is water-resistant to 50m, while the IWC Portugieser Automatic offers 30m. Both are suitable for swimming and snorkeling at their respective depths. For professional diving, verify the rating exceeds 300m and includes a screw-down crown.

How do the movements compare?

The Grand Seiko SBGW231 uses a manual 9S64 with 72 hours power reserve. The IWC Portugieser Automatic features a automatic Cal. 82100 with 60 hours power reserve. Both offer traditional mechanical craftsmanship.

Which holds value better?

Grand Seiko and IWC both command strong secondary markets. Pre-owned pricing shows an estimated resale value of $4k–$5k for the SBGW231 and $6k–$7k for the Portugieser Automatic. Condition, service history, and box/papers significantly impact resale value for both models.

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