Sylvester Stallone auctions off 11 of his watches, including collectors’ ‘holy grail’, valued at $6 million

It will be the first time that a Grandmaster Chime has been presented at a commercial auction, although at a charity auction, a unique steel Grandmaster Chime model sold for 31 million

American actor Sylvester Stallone He has decided to part with 11 of the valuable watches he collects, which are initially valued at around $6 million.

The Rocky star’s watches will go up for auction at the gallery Sotheby’s in New York on June 5 and, among them, is a Patek Philippe Grandmaster Chimeconsidered one of the most complex wristwatches in the world, which originally sold for $2.5 million, The Hollywood Reporter reports.

It will be the first time that a Grandmaster Chime is presented at a commercial auction, says the magazine, which recalls that, in 2019, at the Only Watch charity auction, a unique Grandmaster Chime steel model was sold for the record figure of 31 million Dollars.

Action movie star Stallone’s Grandmaster Chime has a estimated price between 2.5 and 5 million dollarsbut it is likely to achieve a higher sales figure, says the specialized media.

According to The Hollywood Reporter, Stallone has been a collector of Patek watches for a long time, as he himself revealed in a video published by Sotheby’s where he said that he was able to buy his Grandmaster Chime after writing personally to the firm’s board of directors, who agreed to sell it to him

The star of ‘Rambo’ then said that he originally bought the watch as a collector and considers it a “work of art” comparable to a painting of monet.

Since he has never worn the watch, Stallone’s Grandmaster Chime is still in its original packaging and comes with the papers and the luxurious presentation box engraved with the actor’s name, the magazine states.

Stallone has also included two other Patek Philippe watches from his collection in the auction.

 
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