Short answer
A replica IW371655 is a copy of an IWC Portugieser Chronograph. Replicas of this reference sell for $230 to $900. No replica uses an IWC movement. Most run an Asian Valjoux 7750 or a decorated copy of it. The two subdials sit at 12 and 6. A date window at 3 is the main tell. Most listings give a 41 mm steel case, sapphire crystal, and a leather strap.
What IW371655 Is
IWC sorts the 3716 block under the Portugieser Chronograph line. The current catalog lists a 41 mm case, 13.1 mm thickness, 3 bar water resistance, and in-house Cal. 69355. Earlier 3714 models use a 40.9 mm case and Cal. 79350, a Valjoux 7750 base. IWC does not publish a spec sheet for every sub-reference such as 371655, so dial color and strap vary by edition. Check the dealer's own photos before you buy.
Movement tiers
- Budget, $230 to $350: Asian 7750. Subdials at 12 and 6. Hand winding feels rough. Rotor noise.
- Mid, $350 to $550: Seagull ST19 or improved 7750, decorated rotor, cleaner dial print.
- Top, $550 to $900: "super clone" builds from shops that replica forums name, such as ZF. Thickness within 0.5 mm of 13.1 mm, sapphire with AR coating, alligator-style strap.
Checks before you buy
- Subdial layout. 12 and 6. No date at 3.
- Case thickness. Target 13.1 mm. Copies run 13.5 mm to 14.5 mm.
- Hands. Leaf shape, polished, no burrs at the tips.
- Dial print. "IWC" and "SCHAFFHAUSEN" under 12. Sharp edges, no bleed.
- Crystal. The real watch uses box sapphire with AR coating. Many replicas use flat sapphire with no coating.
- Strap. Genuine ships on alligator. Copies ship on cowhide or PU.
- Weight. A steel 41 mm chronograph head sits near 75 g. Light copies fall below 60 g.
Market facts
Steel IWC Portugieser Chronograph models trade at $5,000 to $7,500 on the secondary market, based on recent sold prices. Replica resale value is zero. Parts do not come from IWC, so a failed chrono module means a new movement. Water resistance on a replica is not tested. Keep it away from water.
Legal note
Selling a replica as a genuine watch is a crime in the US under 18 U.S.C. 2320. US and EU customs seize counterfeit shipments. A seized package is not refunded.