- A FINE AND RARE YELLOW GOLD CHRONOGRAPH WRISTWATCH WITH BREGUET NUMERALSREF 1463 MVT 868833 CASE 698829 MADE IN 1956
- yellow gold, alligator
- diameter 35 mm
"In response to your inquiry, we are pleased to provide you with a general report of the condition of the property described above. All dimensions in catalogue descriptions are approximate. Condition reports may not specify mechanical replacements or imperfections to the movement, case, dial, pendulum, separate base(s) or dome. Watches in water-resistant cases have been opened to examine movements but no warranties are made that the watches are currently water-resistant. Please note that we do not guarantee the authenticity of any individual component parts, such as wheels, hands, crowns, crystals, screws, bracelets and leather bands, since subsequent repairs and restoration work may have resulted in the replacement of original parts. Since we are not professional conservators or restorers, we urge you to consult with a restorer or conservator of your choice who will be better able to provide a detailed, professional report. Prospective buyers should inspect each lot to satisfy themselves as to condition and must understand that any statement made by Sotheby's is merely a subjective, qualified opinion. Prospective buyers should also refer to any Important Notices regarding this sale, which are printed in the Sale Catalogue. In particular, please note it is the purchaser's responsibility to comply with any applicable import and export matters, particularly in relation to lots incorporating materials from endangered species.NOTWITHSTANDING THIS REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD AS IS" IN ACCORDANCE WITH THE CONDITIONS OF BUSINESS PRINTED IN THE SALE CATALOGUE."
**Please be advised that bands made of materials derived from endangered or otherwise protected species (i.e. alligator and crocodile) are not sold with the watches and are for display purposes only. We reserve the right to remove these bands prior to shipping.
Important Notice regarding importation into the United States of Rolex watches
Sotheby's cannot arrange for the delivery of Rolex watches to the United States because U.S. laws restricts the import of Rolex watches. The buyer or a designated agent may collect the property in the country of sale."
When it made its debut in 1940, Ref. 1463 was Patek Philippe's first water resistant chronograph wristwatch, and was produced in less than 750 examples. It was the successor to Ref. 130, another iconic chronograph wristwatch with a snap back. After production of Ref. 1463 ended in the late 1960s, Patek Philippe did not introduce any other chronograph wristwatches until 1998, when Ref. 5070 debuted. This model is well-loved for its substantial case, featuring a screw-down back and round chronograph pushers. Whereas to modern eyes, many vintage pieces appear rather small, the proportions of the Ref. 1463 are just right.
The present example is from an exceedingly small group of Ref. 1463 watches in yellow gold featuring Breguet numerals. According to our research, only about a dozen such examples have appeared at auction. Indeed, this dial variation is more rarely seen on gold Ref. 1463s than it is on stainless steel Ref. 1463s: there are nearly 20 known examples of steel Ref. 1463 models featuring Breguet numerals. It is estimated that the total production of Ref. 1463 gold watches with Breguet numerals was 75% that of steel watches from the reference. This dial configuration lends a handsome, more formal aesthetic to this iconic vintage chronograph wristwatch.
Offered by the original and sole owner, the present example boasts an interesting provenance. The engraving on the back of the watch reads “R.B.P, JAN 1 – MAR 25, 1959, N.A.R.” This inscription reflects the fact that the watch was a gift by the recently elected Governor of the State of New York, Nelson A. Rockefeller, to the present owner (initials R.B.P). The gift was in appreciation for the present owner’s valued service as Counsel to the Governor. The stated dates were those of the opening and closing of the first session of the New York State Legislature during the Rockefeller Governorship.
An example of Ref. 1463 with Breguet numerals is illustrated in the Patek Philippe Museum book, Vol. II, p. 269.