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The difference between 1861 and 1863 are mostly cosmetic. Caliber 1863 is finished to a finer degree because it is on display. Aside from the decoration, the biggest difference is it uses one particular metal part, while the Caliber 1861 uses the same part in Nylon. Eeewwww, how cheap!!! No, not cheap. 1861 uses a Nylon Chronograph Brake because it works better and is self lubricating. It's actually the better part for the job. But people don't want to look into their watch and see, what appears to be, cheap white plastic.
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