Introduced in November 2012 by IWC as a part of their Boutique Exclusive Edition, the Portuguese Hand-Wound Boutique Edition comes in a 44-millimetre Portuguese case fitted with the 98295 calibre. Back in 1939, its predecessor was the first pocket watch-sized model designed for the wrist. This model, with its unusual dimensions, unconventional movement and understated elegance, established a whole new genre in watch design.
The pocket watch movement of the Portuguese Hand- Wound Boutique Edition has seen further improvements but still includes many of the design cues found in the first movements developed by company founder F. A. Jones. These include an elongated index, which is used to set the effective length of the balance spring and extends from the balance cock over the three quarter plate. The watch, featuring a sapphire glass back, silver-plated dial, red gold Arabic numerals and slender “feuille” hands, will be limited to just one thousand pieces worldwide.
Article from http://www.masterhorologer.com