Reference 1463 is one of the most popular vintage chronograph models on the market today, due to its robust case proportions and oversized chronograph pushers. Along with the elusive reference 1563, it was the only vintage chronograph model manufactured by Patek Philippe that was fitted with a water-resistant case and round chronograph pushers. The model was a "sportier" alternative to the less robust reference 130.

Amongst the rarest and most desirable of reference 1463 chronographs are those bearing the signature of Serpico y Laino, such as the present watch. To date, no more than three examples bearing the retailer's signature and cased in yellow gold have appeared on the auction market.

This timepiece's exceptional state of preservation is especially noteworthy. The dial features incredibly strong enamel graphics, with the "accent" very strong and apparent above the Patek Philippe Genève signature. There are no losses to the enamel, attesting to the originality of the dial. The case is also preserved in equally impressive condition. It features two sharp hallmarks - one on the back of the lug and one between the pushers. The bezel retains its strong definition, and even the crown remains original. Most importantly, the outside caseback is stamped "S&L." denoting the retailer, as well as an 18K mark which was a common feature for timepieces imported to South America.