
Seiko
Presage SPB167
Ref. SPB167J1
New Price
$1k–$1k
Pre-owned: $900–$1k
Comparing the Seiko Presage SPB167 ($1k–$1k, 100m WR, 40.5mm) against the IWC Portugieser 40 ($7k–$8k, 30m WR, 40mm) — specs, movement, community votes, and an expert verdict below. The Seiko Presage SPB167 is the more affordable option by $6k.
Our Verdict
Too Close to Call
Both the Seiko Presage SPB167 and IWC Portugieser 40 are excellent choices — the winner depends on your priorities, budget, and style preference.
Complete head-to-head comparison

Seiko
Ref. SPB167J1
New Price
$1k–$1k
Pre-owned: $900–$1k

IWC
Ref. IW358303
New Price
$7k–$8k
Pre-owned: $6k–$7k
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All Seiko watches, comparisons, and guides in one place
Visit Seiko Pillar Page →Seiko Presage SPB167 is the value winner at $1k–$1k — over 50% cheaper than the IWC Portugieser 40 ($7k–$8k). Seiko Presage SPB167 edges ahead on water resistance: 100m vs 30m.
Pros
Pros
Cons
Both are excellent watches with different strengths. The Seiko Presage SPB167 offers a larger case and costs less new. The IWC Portugieser 40 excels in overall construction. The best choice depends on your wrist size, budget, and preferred aesthetic.
The Seiko Presage SPB167 retails for $1k–$1k, while the IWC Portugieser 40 is priced at $7k–$8k. Pre-owned, expect $900–$1k and $6k–$7k respectively. Actual secondary market prices vary based on condition and demand.
The Seiko Presage SPB167 has a 40.5mm case diameter with 12.7mm thickness, while the IWC Portugieser 40 measures 40mm × 10.8mm. Both have lug-to-lug measurements of 47mm and 47mm respectively. Consider your wrist size and wear style when deciding.
The Seiko Presage SPB167 is water-resistant to 100m, while the IWC Portugieser 40 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.
The Seiko Presage SPB167 uses a automatic 6R55 with 45 hours power reserve. The IWC Portugieser 40 features a automatic Cal. 82100 with 60 hours power reserve. Both offer traditional mechanical craftsmanship.
Seiko and IWC both command strong secondary markets. Pre-owned pricing shows an estimated resale value of $900–$1k for the Presage SPB167 and $6k–$7k for the Portugieser 40. Condition, service history, and box/papers significantly impact resale value for both models.
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