When it made its debut in 1940, Ref. 1463 was Patek Philippe's first water resistant chronograph wristwatch, and was produced in fewer than 750 examples. It was the successor to Ref. 130, another iconic chronograph wristwatch with a snap back. For an example of Ref. 130, see lot 166.
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.
The inside of the case back is stamped 'FB', the maker's mark for Taubert & Fils. From the late 19th century, when it existed under the name Frères Borgel, Taubert & Fils was one of the finest Geneva-based case makers and specialized in water-resistant cases. They worked with many firms, including Patek Philippe and Vacheron Constantin.
For a similar example, see Huber, M. & Banbery, A., Patek Philippe Wristwatches, Vol. II, Second Edition, p. 267.
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