Help Identify This Watch, I BEG You!

Hi everyone, 
So my wife shows up at home tonight with a watch and asks me to check it out. Evidently it has been kicking around at her work for months and despite all efforts to find an owner, it remains unclaimed. She reaches the "well this has gone on long enough" point of having it sitting on her desk and asking around and emailing people. So she brings it home, shows it to me and says have a look, if its nice it's yours and if not just throw it out. I take a quick look at it, pretty quickly realize its an automatic mechanical and so try googling the brand. Forgive me but I'm relatively new to "real" watches and was unfamiliar. Evidently this is a very reputable brand! So my excitement is through the G%^  D#@n roof!, but I can't for the life of me find out what model number etc it is! Please, PLEASE if you are able to help me I would be so appreciative! 
Thank you all for your time!

What a heartfelt request :o)
I will be happy to help you identify it and bring you good news!

But sadly I cannot give you good news and there is a reason no one claimed it! You will unfortunately have to throw it away. 
This watch is not a real IWC. It was not made by the IWC factory and is not worth anything. 

I am am so sorry 

Unfortunately, your wife’s find is a bust. It is not an IWC. It has no value. It might keep time for you as a baby around watch for gardening. 

A  case where the strap is worth more than the watch.

Note the spelling of the company name on the reverse!  Freudian slip?  Proper spelling for that watch would be  "Irrational Watch"

Thank you all for your help! I actually didn't notice but it does have a misspelling on the case back! Oh well, can't beat the price and now I have a beater watch. I appreciate all the help!