Auction News

Sylvester Stallone watch auction includes Patek Philippe Grandmaster Chime 


Sylvester Stallone with a unique Patek Philippe Grandmaster Chime watch.
Image courtesy Sotheby's

Eleven rare watches, including a first-time sale of a Patek Philippe Grandmaster Chime, from Sylvester Stallone’s collection will be sold at auction in New York in June. 

The Rambo and Rocky star wrote to the board of the legendary Genevan watchmaker to ask them to sell him one of the astoundingly rare Grandmaster Chimes. 

Grandmaster Chimes have super complications. Those are the devices within the movement that deliver special functions. 

The Grandmaster Chime has 20 of them; is the most complicated Patek Philippe ever; costs $2.5 million new; and took 100,000 hours to make. 

It is undoubtedly the star item in Stallone’s collection, being sold by Sotheby’s in New York on June 5. 

The watch comes with this impressive set of accessories and packaging.

An estimate of $2.5 million to $5 million will almost certainly be low. 

The only comparable sale is the $31 million paid for a unique steel Grandmaster Chime at the Only Watch charitable auction in 2019. 

This sale will be the first commercial auction of this timepiece.

Stallone said: “I wasn’t going to covet and keep it forever, that’s just not my personality. I tend to enjoy things, and then I like to share them.”

Since he bought it, it has been untouched. Along with its highly luxurious original packaging and all its documentation the complete package is quite something.  

Stallone is also selling two Patek Philippe Nautiluses, a design classic of the professional watch world. There are also four Panerai watches, a brand that Stallone has worn on screen several times, including the watches from The Expendables 2; an Audemars Piguet Royal Oak Tourbillon and a Cartier Pasha Seatimer. 

The pre-owned luxury watch market exploded during the Covid 19 pandemic.

The Stallone watches will be sold at Sotheby’s Important Watches in New York on June 5.

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