Sylvester Stallone is about to score a massive payday after putting his watch collection up for auction, because one of the timepieces could fetch a literal king's ransom.
YouTube personality Nico Leonard van der Horst -- who knows all things watches -- tells TMZ ... he simply can't believe Sly is parting with his ultra-rare Patek Philippe Grandmaster Chime
YouTube personality Nico Leonard van der Horst -- who knows all things watches -- tells TMZ ... he simply can't believe Sly is parting with his ultra-rare Patek Philippe Grandmaster Chime
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PeopleTranscript
00:00 (dramatic music)
00:02 So you need to understand why this watch
00:04 is being bought in the first place, right?
00:06 People buy this watch for prestige, et cetera.
00:09 I cannot buy a 6300 today for less than $5 million.
00:13 So I don't think that that watch will,
00:16 is realistically gonna fetch three, 5 million.
00:18 It's gonna be significantly more, right?
00:21 And of course the auction house sets
00:23 an attractive estimation to attract a lot of people,
00:27 so then get them into a bidding war.
00:30 If you know the game, you know the game.
00:31 You see what I mean?
00:32 You see how this works.
00:34 But a really interesting part is,
00:37 is where is the actual value of this watch?
00:40 Because there's so few every year being produced,
00:43 there's so few actually swapping hands,
00:46 it's gonna be curious where the actual value is,
00:49 because this auction will define the accurate
00:52 and exact value of the 6300G.
00:55 And keep in mind, people that own this watch
00:57 and actually have that watch
00:58 are people that usually never need to sell a watch or never,
01:03 they're never in a situation
01:05 where they want to get rid of that watch.
01:06 So this is gonna be a very, very important auction.
01:09 [EXPLOSION]