Patek Philippe’s legendary reference 1463 is one of the most sought after and collectible vintage chronograph wristwatches due both to its strong aesthetics as well as to its technical savoir-faire. First released in 1940, the model was the brand’s first water resistant chronograph fitted with a screw-down caseback and round chronograph pushers. The model has grown in desirability as a vintage horological icon that was ahead of its time, and in fact it remains the only water resistant chronograph serially made by the brand from its foundation until 2018.

The concept of a “sports watch” is well-known today, but 80 years ago it was a concept well beyond the then-current era. Its roots go back to the 1930s, with the budding novel appreciation in society for sports and outdoor adventures. In the subsequent couple of decades, watch manufacturers - spearheaded by Rolex, as it is well-known - sought to fulfill a demand for more durable timepieces which could better withstand the elements. The reference 1463 was Patek Philippe's first answer (three decades ahead of the Nautilus) for such active clientele. It was produced mainly in yellow gold, with fewer examples in stainless steel, and very few models in pink gold.

The case of the present example is in wonderful condition, displaying crisp hallmarks, most notably the one on the band is as well-preserved as the one underneath the lug. The case features the stepped bezel and downturned curved lugs found on later generations, while the dial is exceptionally well-preserved with all the engraved/enameled graphics in excellent condition and without losses or fading. The presence of a pink gold Gay Frères bracelet is the final addition to this masterpiece and perfectly complements its luxurious sporty ethos. In fact, the bracelet is highly collectible in itself as Gay Frères is considered one of the best - if not the best overall - bracelet makers of all times, his creations as scarce as they are sublime and comfortable. It is no surprise that the company was the “go-to” bracelet supplier for the most distinguished brands on the market (for another example of Gay Frères bracelet, see the white gold reference 2497, lot 122).