Beginning in the late 1930s, there was a growing appreciation in society for sports and outdoor pursuits. Watch manufacturers sought to fulfill a demand for more durable timepieces, which could withstand the elements. The reference 1463 was designed for such active clientele as the sportier alternative to the less robust reference 130 chronograph. It was produced mainly in yellow gold, with fewer examples in stainless steel and pink gold. How telling, that even in the pursuit of creating a sports watch, Patek Philippe still decided to focus production on precious metals.

In production from 1940 through 1965, the reference 1463 saw a stunning array of dial types. The present is amongst the most refined and legible, with the small dash indexes and Arabic numerals. The significant proportions and gently curved lugs, combined with the whimsically carved round pushers has made the 1463 a perennial favorite amongst collectors. Preserved in outstanding overall condition, in particular, the raised hard enamel present on the dial is completely intact and beautifully preserved, and the original layer of protective varnish, known as zapon, is still evident.