Lifestyle

Sylvester Stallone owned the most complicated watch in the world and sold it for $5.4 million

  • Sylvester Stallone sold his Patek Philippe Grandmaster Chime 6300 watch
  • It was sold at a Sotheby’s auction in New York
  • The watch was auctioned for $5.4 million

Published on Jun 08, 2024 at 4:54 PM (UTC+4)
by Daksh Chaudhary

Last updated on Jun 10, 2024 at 1:46 PM (UTC+4)
Edited by Siddharth Dudeja

Hollywood star Sylvester Stallone has recently made headlines for selling his Patek Philippe Grandmaster Chime 6300 watch for well above seven figures.

The luxury timepiece was sold at a Sotheby’s auction in New York.

It was sold for a staggering $5.4 million.

READ MORE: These Patek Philippe pieces look ‘alive,’ and they’re all made by hand

Sylvester Stallone scores big profit from luxury watch sale

While the price was astonishing for most, exceeding their expectations, it felt like some lofty predictions.

Back in 2021, when Sylvester Stallone brought the Patek Philippe Grandmaster Chime 6300, he got it for $2.5 million.

Patek Philippe luxury watch
Sotheby’s

This means Stallone made a hefty profit of $2.9 million from selling the watch — certainly a smart investment.

If you ask what makes this watch so special, know that according to Patek Philippe’s official website, it took around 100,000 hours to craft it.

Sylvester Stallone loves luxury — some time ago, he sold his luxurious mansion to Adele for a whopping $58 million.

Buying the Patek Philippe Grandmaster Chime 6300 was not easy

But grabbing this iconic masterpiece was not easy for him.

Patek Philippe watch owned by Sylvester Stallone
Sotheby’s

Stallone revealed in an interview before the auction how he had to write letters and appeal to the Patek board to buy the watch.

Surely, the watch is not made for the ordinary.

“The one thing that is pervasive throughout all these watches, is that they attract me emotionally. It’s not about keeping time, it’s about keeping in step with where you are in life,” Stallone said in the interview.

This shows how passionate he is about collecting luxury timepieces.

Patek Philippe Grandmaster Chime 6300 watch
Sotheby’s

The Grandmaster Chime 6300 couldn’t just be sold randomly; it needed proper papers and documentation.

Stallone kept it in its original packaging, which adds to its special value.

After all, the luxury watch will be as special for the new owner as it was for Sylvester Stallone when he first bought it.

And now, the new owner will cherish it for many years just like him.

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Meet Daksh: Not your typical pro, but definitely a pro at being fascinated by supercars, tech, and all things futuristic. When he's not nose-deep in work, catch him glued to anime screens or lost in the pages of a good book.