Patek Philippe is known for some of the most iconic timepieces of all time, from the famed 96, the first referenced wristwatch released in 1932, to its historic mid-20th century references 1518 and 2499 perpetual calendar chronograph watches with moon phases, and even then the legendary reference 1463, the classic chronograph wristwatch with waterproof case and round pushers. Launched in 1940 and remaining in production until 1965, the 1463 was mainly offered in yellow gold, with fewer examples in stainless steel, and even fewer in pink gold.

The rarity and importance of the present watch is elevated by its extremely desirable pink on pink, or “PoP”, configuration with pink gold case and pink dial. Taking it a step further, it features a superb two-tone finish, and with a “Serpico Y Laino” signature at six o’clock, it is one of only four known Serpico-retailed ref. 1463 examples in pink gold with two-tone “PoP” dial.

In fact, long-time collectors might remember this piece from the last time it appeared at auction more than 20 years ago, in 2002. It is an honor for Phillips to offer the present timepiece at auction once again, two decades later.

The concept of a “sports watch” is well-known today, but 80 years ago, it was a novel idea with elegant and gentlemanly timepieces worn by businessmen and captains of industry displaying their social status. There was a growing appreciation in late 1930s’ polite society for sports and outdoor adventures, and watch manufacturers sought to fulfill a demand for more durable timepieces that could withstand rigorous use. The reference 1463 was designed for such active clientele as the sportier alternative to the less robust reference 130 chronograph. The legendary model is one of the most sought after and collectible vintage chronograph wristwatches due to its modern case proportions and prominent chronograph pushers. The model has grown in desirability as a vintage horological icon that was ahead of its time.

Serpico y Laino was a renowned jeweler and watch retailer located in Caracas, Venezuela. Founded by goldsmith Vincente Laino and Leopoldo Serpico, owner of “Joyeria Serpico,” the store was located at Mercaderes 21 Stock Exchange from 1925 until 1966, where it sold luxury watches from Swiss makers like Patek Philippe. The presence of their signature on the dial of a watch demonstrates the close relationship between the brand and retailer. The present reference 1463 is preserved in stunning overall condition. It’s one of the rarest and most important examples of the reference and is sure to delight discerning collectors of vintage chronograph wristwatches.