Sylvester Stallone has placed 11 luxury timepieces from his collection on auction and could earn over $5 million for a single watch.
Hollywood icon Sylvester Stallone is auctioning his rare and luxury watch collection which includes an extremely limited Swiss timepiece.
The actor who is worth an estimated $400million has put 11 of his watches up for auction at Sotheby’s, including one that he wore in The Expendables 2 in 2011.
His collection is thought to be worth a pricey sum, with each piece estimated to sell for at least tens of thousands of dollars.
According to watch expert Nico Leonard van der Horst, Stallone’s most valuable item is the Patek Philippe Grandmaster Chime, which was first unveiled in 2014.
Speaking on the double-face, he explained that it’s “one of the most insane watches in the world. People buy this watch for prestige, I cannot buy a 6300 today for less than $5 million.
“There’s so few every year being produced, there’s so few swapping hands, its going to be curious what the value is because this auction will define the accurate and exact value of the 6300 G.”
However, the YouTuber told TMZ: “Keep in mind, people that own this watch or have that watch are people that usually never need to sell a watch.
“They’re never in a situation where they want to get rid of that watch. So this is going to be a very important auction.”
Stallone opened up about his collection and why it was going to auction as he described the Patek Philippe Grandmaster Chime as “a watch that’s never been touched.”
The timepiece which is made with white gold was wrapped in plastic as the actor explained: “I bought this as a collector.
“I didn’t want to wear it around and bang it up. I thought this is the way you’d treat a painting, a Monet, a work of art. You just don’t trash it about.”
He continued: “This one here you just look at it and it’s a real sense of accomplishment just owning it.
The timepiece was meticulously packaged and placed in a heavy box which “also comes with many other attachments to make owning this watch a rare privilege.”