Sotheby’s Auction of Sylvester Stallone’s Watches Was a Knockout
The auction house sold all 11 watches from the “Rocky” star’s collection, with his Patek Philippe Grandmaster Chime setting a new record.
![Sotheby’s sold each of the 11 watches in Sylvester Stallone’s personal collection for a total of $6.7 million at its New York sale this week. Pictured here is the actor’s Patek Philippe Grandmaster Chime. Sylvester Stallone Sotheby’s watch](https://uploads.nationaljeweler.com/uploads/c20e0ffba83f7718746f58fd810c66c7.jpg)
The collection of 11 watches garnered a total of $6.7 million, exceeding its high estimate of $6 million, at the sale held Wednesday in New York.
Six out of the 11 timepieces were sold online, and all but one lot topped pre-sale estimates.
Notably, Stallone’s Patek Philippe Ref. 6300G-010 Grandmaster Chime sold for $5.4 million (est. $2.5 million to $5 million) after a four-minute bidding war among a total of five bidders in a “buzzing” saleroom of more than 100 attendees, Sotheby’s said.
In the end, the watch sold to a private collector from Asia.
A slew of accessories accompany the watch including product literature in a large leather portfolio; a collection book; travel case; cufflinks; USB drive; sealed setting pin; hang tag; an Apple iPad with a Patek Philippe leather case with adapter and charger; and Apple EarPods with a Patek Philippe case.
Widely considered a “holy grail” in the watch community, the Grandmaster Chime is the result of a project initiated by Philippe Stern in 2007 to create the most intricate wristwatch in the brand’s history.
The development, production, and assembly spanned 100,000 hours, said Sotheby’s.
Patek Philippe unveiled the Grandmaster Chime in 2014 to commemorate its 175th anniversary, originally launching it as a limited edition.
The watch features a hand-engraved, reversible white gold case adorned with the brand’s signature hobnail pattern. It has 20 complications, including five chiming modes, two independent dials, and six patented innovations.
It’s the third most valuable wristwatch sold in Sotheby’s history, the auction house said.
It set a new record for a modern watch sold by Sotheby’s, topping the $4.5 million sale of a Richard Mille Reference RM53-02 last October.
Stallone’s Grandmaster Chime is the first example of the model to appear at auction, aside from one specifically created for, and sold at, a Christie’s charity auction in November 2019 for CHF 31 million ($35 million).
The timepiece joined Patek Philippe’s permanent collection in 2016 as the Ref. 6300, the company’s most complex watch and the first grande-sonnerie wristwatch added to its current collection.
“The sale of the Patek Philippe Grandmaster Chime was an unrepeatable celebration, not only of a masterpiece by the most revered Swiss watchmakers of technical excellence, but also of the legendary icon that is Sylvester Stallone, who has been a deeply influential and admired collector for many decades,” said Geoff Hess, Sotheby’s head of watches in the Americas.
“To feel the pulse of collectors racing with excitement in pursuit of absolute top caliber material was tremendous, and an homage to the art of collecting at the highest level.”
Hess himself went home with one of Stallone’s watches, the winner of a five-minute bidding battle for the actor’s Patek Philippe Nautilus Ref. 5711/1300A001, pictured below.
![This instance marks only the second time this model has been made available on the open market, Sotheby’s said. Sylvester Stallone Patek Philippe Nautilus reference 5711/1300A001](https://nationaljeweler.com/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBa2hYIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--d0e3586449ff1a5d4770a1625f96cf3e7912094f/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdERG9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RkhKbGMybDZaVjkwYjE5c2FXMXBkRnNIYVFJQUJHa0NBQU02RkhOaGJYQnNhVzVuWDJaaFkzUnZja2tpQ2pRNk1qb3dCanNHVkRvS2MzUnlhWEJVT2c1cGJuUmxjbXhoWTJWSklnbEtVRVZIQmpzR1ZEb1BZMjlzYjNKemNHRmpaVWtpQ1hOU1IwSUdPd1pVT2d4eGRXRnNhWFI1YVZBPSIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--ea15daad36a7f7266e7d591867d534d851352260/20240606_3-Stallone%20Nautilus.jpg)
The 2021 stainless steel watch featuring an olive-green dial and diamond-set bezel sold for $492,000. It was estimated to go for up to $400,000.
Stallone’s collection, assembled over the course of more than 20 years, also included timepieces from Rolex, Audemars Piguet, and Piaget, as well as unique and screen-worn watches from Panerai.
One highlight was the actor’s Audemars Piguet Reference 26730OR.OO.1320OR.01 Royal Oak Tourbillon. It sold for $228,000, exceeding its pre-sale high estimate of $200,000.
The piece, created for the 50th anniversary of the Royal Oak in 2022, was “chased by clients over the phone, in the room and online,” Sotheby’s said.
![This Audemars Piguet Royal Oak Tourbillon features a self-winding flying tourbillon, created specifically for the 50th anniversary of the Royal Oak in 2022. Sylvester Stallone Audemars Piguet Reference 26730OR.OO.1320OR.01 Royal Oak Tourbillon](https://nationaljeweler.com/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBa2xYIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--1e43a934683f2c2ca7b2efc9d9df2e196068f06c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdERG9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RkhKbGMybDZaVjkwYjE5c2FXMXBkRnNIYVFJQUJHa0NBQU02RkhOaGJYQnNhVzVuWDJaaFkzUnZja2tpQ2pRNk1qb3dCanNHVkRvS2MzUnlhWEJVT2c1cGJuUmxjbXhoWTJWSklnbEtVRVZIQmpzR1ZEb1BZMjlzYjNKemNHRmpaVWtpQ1hOU1IwSUdPd1pVT2d4eGRXRnNhWFI1YVZBPSIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--ea15daad36a7f7266e7d591867d534d851352260/20240606_4-Royal%20Oak.jpg)
It features a pink gold case and smoked blue dial with a grande tapisserie pattern, as well as a special gold rotor with a “50 Years” mark.
Also a standout of the sale, a Panerai reference PAM00382 Luminor Submersible 1950 timepiece worn by Stallone in “The Expendables 2” was sold to an online buyer for $96,000, topping its pre-sale estimate of $30,000-$60,000.
The “Bronzo” is the first instance of a Panerai sports watch crafted entirely from bronze.
![Stallone’s Panerai “Bronzo” watch displays the age and patina of its “extreme use” during filming, the auction house said. Sylvester Stallone PAM00382 Luminor Submersible](https://nationaljeweler.com/rails/active_storage/representations/redirect/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBa3BYIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--b69da396bc63e2fc5ddff53e1ed4066ed0897ab9/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdERG9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RkhKbGMybDZaVjkwYjE5c2FXMXBkRnNIYVFJQUJHa0NBQU02RkhOaGJYQnNhVzVuWDJaaFkzUnZja2tpQ2pRNk1qb3dCanNHVkRvS2MzUnlhWEJVT2c1cGJuUmxjbXhoWTJWSklnbEtVRVZIQmpzR1ZEb1BZMjlzYjNKemNHRmpaVWtpQ1hOU1IwSUdPd1pVT2d4eGRXRnNhWFI1YVZBPSIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--ea15daad36a7f7266e7d591867d534d851352260/20240606_5-Stallone%20Expendables.jpg)
While the PAM 382 model was limited to 1,000 pieces, Stallone’s piece was numbered N0000/1000, which suggests it could be a prototype or the first of the series ever produced, Sotheby’s said.
Sotheby’s sale of Stallone’s watch collection attracted more than 200 bidders.
Coming up, the auction house will host its “Magnificent Jewels” sale in New York on Friday, offering a 3.36-carat oval-shaped fancy intense pinkish purple diamond dubbed the “Lavender Dream.”
The Latest
![Navneet Gems and Minerals launched its sapphire collection at the recent GJX Tucson show, offering both calibrated and single stones. Navneet montana sapphire](https://uploads.nationaljeweler.com/uploads/b94bedb15dd33b9bde58b3512d35e75a.jpg)
The wholesale collection features material from the Rock Creek mine in a variety of colors.
![The new “Divinely Guided” collection is available through &Livy, a jewelry brand Carolyn Rafaelian launched in 2023. It is a collaboration between Rafaelian and Theresa Caputo, best known as the star of TLC’s “Long Island Medium.” Theresa Caputo &LIVY jewelry](https://uploads.nationaljeweler.com/uploads/612dbcd6cd62dc991e55c125cf7857a3.jpg)
The “Divinely Guided” collection, created in collaboration with Theresa Caputo, features symbols that celebrate the power of connection.
![Lorraine West Diamond Open Heart Ring](https://uploads.nationaljeweler.com/uploads/968bb063a1fc055d60856068c3bb16e2.jpg)
Show some love on Valentine’s Day with this 14-karat yellow gold ring that features pavé diamonds.
![Top Image.png](https://uploads.nationaljeweler.com/uploads/17d84393fb1ce78143e2cc3ca59f2af5.png)
Colored stones are stepping into a jewelry spotlight typically reserved for diamonds—are you ready to sell color?
![The suspect seen here attempted to steal $1.5 million worth of jewelry from a Macy’s store in Brooklyn, New York, but was thwarted by an employee. The thief is still at large and the New York Police Department is asking the public to help identify the suspect. (Image courtesy of the NYPD) Surveillance image of Macy’s jewelry thief](https://uploads.nationaljeweler.com/uploads/cc22350705b7ad6d76cb34f999447144.jpg)
The employee confronted the thief, causing the suspect to flee and leave behind the suitcases full of jewelry.
![](https://uploads.nationaljeweler.com/uploads/99a46b30cc354962ac2e29ecd113587a.jpg)
![The board of Namib Desert Diamonds has suspended CEO Alisa Amupolo, Chief Operations Officer Uahoroka Kauta, and Security Manager Paulinus Sheyapo following the Jan. 18 armed robbery at its headquarters in Windhoek, Namibia. Namdia rough diamonds](https://uploads.nationaljeweler.com/uploads/646f7cf1bdc05c5291f437fafef5a8f1.jpg)
Namib Desert Diamonds also put its security manager on leave following last month’s robbery that left one employee dead.
![At the Spectrum Awards Gala, held Feb. 8 in Tucson, AGTA announced the winners of its Spectrum and Cutting Edge Buyer’s Choice awards—the “Whisper of the Ancestors” lapel pin (left) and a nearly 13-carat faceted rhodochrosite from Colorado (right). Spectrum and Cutting Edge Buyer’s Choice awards](https://uploads.nationaljeweler.com/uploads/97d2297b7092458ec4b5a1739847aa77.jpg)
AGTA recently concluded its 2025 GemFair event in Tucson and is already gearing up for next year’s show, set for Feb. 2-6, 2026.
![Resolutions - 2025.jpg](https://uploads.nationaljeweler.com/uploads/7b2ba343f8d947757b0ff597db4ca873.jpg)
The new year feels like a clean slate, inspiring reflection, hope, and the motivation to become better versions of ourselves.
![Seen here are Royal Chain’s new 14-karat gold fashion link pieces from the jewelry supplier’s spring 2025 collection. Royal Chain models in 14-karat gold fashion links](https://uploads.nationaljeweler.com/uploads/331c503576f6414f0d9dacfc531c72ca.jpg)
More than 400 new pieces are featured in the supplier’s latest catalog.
![Azra Mehdi’s pink sapphire ombré heart dog tag necklace is one of 20 pieces featured in Amanda’s Style File for Valentine’s Day. Azra Mehdi pink sapphire ombré heart dog tag necklace in 14-karat rose gold](https://uploads.nationaljeweler.com/uploads/d6dba9f3750ea176104e7a343908044f.jpg)
This curation celebrates love with heart-shaped jewelry of all shapes and sizes.
![Jewelers of America and the Diamond Council of America’s Jewelers Relief Fund has been reopened to help jewelry business impacted by the Los Angeles wildfires. The fund was first launched in 2017 in the wake of Hurricane Harvey in Houston. Jewelers Relief Fund logo](https://uploads.nationaljeweler.com/uploads/2ce7c756ede9818b47eed6b79f9b61af.jpg)
The fund is collecting money for jewelry businesses damaged by the wildfires in Los Angeles County.
![From left to right, rings by Single Stone, Marrow Fine, and Stephanie Gottlieb Fine Jewelry, highlighting the diamond engagement ring trends expected to be ubiquitous this year. 3 natural diamond engagement rings by Marrow Fine, Stephanie Gottlieb, Single Stone, and Sylvie Jewelry](https://uploads.nationaljeweler.com/uploads/ade9f3b843b8647a18697d9fa79f1928.jpg)
From chunky bands to vintage diamond cuts and bezel settings, these are the trends experts are seeing take over the bridal market.
![This cushion-cut diamond engagement ring by designer Jean Prounis is one of the rings featured on the cover of “The History of Diamond Engagement Rings: A True Romance” and is a favorite of author Marion Fasel. (Photo courtesy of Marion Fasel) Jean Prounis cushion-cut diamond engagement ring](https://uploads.nationaljeweler.com/uploads/fb220c446b914b547d342c31d91992de.jpg)
Fasel discusses researching her new book, the most enduring engagement ring styles, and the diamond shape Taylor Swift will pick.
![De Beers Jewellers uses rough green diamonds and polished round brilliant-cut white diamonds in the “Embrace” bracelet as an abstract nod to a tree’s roots. The main 1.72-carat oval diamond is set in a bezel made of jet, which the jeweler is using for the first time in this collection. De Beers Jewellers Embrace Bracelet](https://uploads.nationaljeweler.com/uploads/0b19cbf49dc1444ce2bcbfb236eeb421.jpg)
The “Essence of Nature, Chapter One” collection echoes trees and roots, literally and figuratively, through three sets of high jewelry.
![Shree Ramkrishna Exports announced on International Reducing CO2 Emissions Day, which is observed every Jan. 28, that when it comes to manufacturing natural diamonds, its greenhouse gas emissions are now 30 percent below the industry average. Shree Ramkrishna Exports (SRK) diamonds](https://uploads.nationaljeweler.com/uploads/dbb4c606f1e07f6c1dbdee480598d03f.jpg)
Late last year, the India-based diamond manufacturer recorded emissions per carat that are 34 percent lower than the industry average.
![Peter Smith is an industry consultant, speaker, sales trainer, and author. He can be reached via email at TheRetailSmiths@gmail.com. Peter Smith](https://uploads.nationaljeweler.com/uploads/994d61f1a9c90b30584b8175fa91d2ca.jpg)
Smith details the types of store managers he’s encountered, with the goal of helping retailers find a person who’s a fit for their store.
![The myGemma showroom in New York City. The luxury resale company now offers a consignment service. myGemma showroom](https://uploads.nationaljeweler.com/uploads/3a76b80ded68364d60843789d9c96a71.jpg)
The secondhand reseller stocks pre-owned designer jewelry and watches, along with other luxury goods.
![Ghirardelli Chocolate Company has launched a limited-edition, gold-plated locket perfectly sized to hold one mini Ghirardelli square. Ghirardelli Chocolocket](https://uploads.nationaljeweler.com/uploads/afe7b4833ee4a1b224b51cb20b37ce69.jpg)
The limited-edition “Chocolocket” fits a mini square of Ghirardelli chocolate inside.
![Jewelers of America will have two “20 Under 40” lists this year, one for retailers and one for suppliers. Interested parties have from now through Feb. 19 to nominate themselves or someone else for inclusion on either list. Jewelers of America 20 Under 40 graphic](https://uploads.nationaljeweler.com/uploads/9c4f8cef6f42f5b6411b5f4f9c1d53c6.jpg)
The program has been expanded to include a “20 Under 40” list for jewelry suppliers and is accepting nominations through Feb. 19.
![Two men, identified as Dimitriy Nezhinskiy and Juan Villar, who operated a business in New York City’s Diamond District, were charged with running a fencing operation for South American theft groups. Police cars with lights on](https://uploads.nationaljeweler.com/uploads/887e1c6de663e37d58e93cf9340ed4ae.jpg)
One of the men is said to be connected to the South American crew charged with burglarizing Cincinnati Bengals QB Joe Burrow’s home.
![For their second collaboration, Bulgari and independent Swiss watch brand MB&F have partnered to create the first contemporary, genderless offering featuring the jeweler’s “Serpenti” motif. Bulgari x MB&F Serpenti watch](https://uploads.nationaljeweler.com/uploads/7485414da0f51bb54430e4b450d5f98a.jpg)
The brands immersed one of Bulgari’s most famous historical icons in MB&F’s ultra-mechanical universe of haute horlogerie.
![A campaign image from Boucheron’s “Histoire de Style” high jewelry collection, “Power of Couture,” which debuted last year. The Kering-owned brand performed well in its recent full-year results. Boucheron Power of Couture campaign](https://uploads.nationaljeweler.com/uploads/df26760df8463544c07a6c2dcb34b6bd.jpg)
The luxury titan’s full-year performance was weighed down by struggling sales at its star brand Gucci.
![Midas Chain’s new natural diamond styles include “Flexi” tennis bracelets, pavé diamond bangles, eternity rings, diamond studs, and more. Midas Chain Diamond and Gemstone Jewelry](https://uploads.nationaljeweler.com/uploads/4b3ab40b4d7bcaac2cb0d11d069f93a5.jpg)
The jewelry manufacturer has launched more than 100 pieces made with natural diamonds.
![An 18-karat yellow gold “Stilla” ring set with marquise and round diamonds by Tacori ($2,990). Bain & Company’s new “Luxury Goods Worldwide Market Study” examines how the market performed in 2024 and what’s ahead in 2025. Tacori Stilla ring](https://uploads.nationaljeweler.com/uploads/6e34695c827d856045bcf86793fe3352.jpg)
Bain & Co.’s latest report on the luxury market examines why the market’s customer base is shrinking and how to appeal to consumers in 2025.
![CBP agents in Louisville, Kentucky, were busy seizing shipments of counterfeit jewelry last month, the agency said. Officers nabbed 28 shipments of jewelry and watches designed to pass as pieces from brands including Rolex, Cartier, and Van Cleef & Arpels. Pictured is a counterfeit Cartier “Juste Un Clou” bracelet. (Photo courtesy of U.S. Customs & Border Protection) Counterfeit Cartier “Juste Un Clou” bracelet](https://uploads.nationaljeweler.com/uploads/e7c0b70c799bfe84030a1dbda3475213.jpg)
Officers in Louisville seized 28 shipments of fake jewelry and watches that would have been worth more than $27 million if genuine.
![“Inside Out” takes inspiration from tailoring, specifically tuxedos and the lapel where the inside of the fabric becomes visible. The “Flip” bangles seen here feature 18-karat yellow gold that has been folded over and set with pavé diamonds ($12,700 for right, $21,500 for left). Hearts On Fire Inside Out Collection Bracelets](https://uploads.nationaljeweler.com/uploads/fc2828c6d3c97b4000252f19f0728262.jpg)
The collection centers on the art of tailoring, inspired by designs that feature folded fabrics, such as a tuxedo lapel.
![Select Jewelry Shows has added a new show in Nashville, scheduled to be held Oct. 26-27 at the JW Marriott Hotel. JW Marriott Hotel in Nashville Tennessee](https://uploads.nationaljeweler.com/uploads/ac6eb0f0b6e08bcbd55ac4cf645c71cf.jpg)
The trade show has added a new location to its fall line-up.