Sylvester Stallone on Why He's Selling His Patek

[omar-rye]

Check out the video. I really enjoyed it. He talks about Rolex, Cartier, and Panerai as well. Make sure you watch to the end to see the grand reveal.

https://youtu.be/Yi9H2vKukVo?si=8Xmr1oVPEM-Vbous

[turborolex]

Originally Posted by omar-rye

Check out the video. I really enjoyed it. He talks about Rolex, Cartier, and Panerai as well. Make sure you watch to the end to see the grand reveal.

https://youtu.be/Yi9H2vKukVo?si=8Xmr1oVPEM-Vbous

Thanks for sharing Omar!

[rjohnston713]

Originally Posted by omar-rye

Check out the video. I really enjoyed it. He talks about Rolex, Cartier, and Panerai as well. Make sure you watch to the end to see the grand reveal.

https://youtu.be/Yi9H2vKukVo?si=8Xmr1oVPEM-Vbous

I know all watch journeys come to an for people in different ways but I would assume Patek isn't super excited about this sale? I know he is much older now and may not have much history left with the brand ahead of him but if someone else did this with such a piece, would that destroy their reputation with the brand or ability to purchase unique pieces again?

[2000-NJDEVILS]

To Omar-Rye:
I just wanted to give you a shout out, and say an EXTRA SPECIAL THANK YOU TO YOU, for sharing that great interview video with the worlds best watch collector himself!!

[omar-rye]

No problem

[Fleetlord]

Thanks. Stallone is the GOAT collector

[Eastie]

Originally Posted by rjohnston713

I know all watch journeys come to an for people in different ways but I would assume Patek isn't super excited about this sale? I know he is much older now and may not have much history left with the brand ahead of him but if someone else did this with such a piece, would that destroy their reputation with the brand or ability to purchase unique pieces again?

Nah, I doubt it.

1. There's a strong possibility Sly either asked permission or at least gave advanced notice to PP. He clearly has a strong relationship with corporate, perhaps Stern himself, to be allocated a grandmaster chime

2. Even if he's doing this rogue, strong auction results only serve to enhance the brand aura and allure of PP. This collection I'm sure will fetch some big $$$

3. In general, the rule against selling allocations only really applies to civilians, not celebs. It's free marketing for PP when a celeb of Sly Stallone's stature goes on video talking about his love for Pateks. PP doesn't do brand ambassadors, so this is the next best thing

[Rollieo]

Cool and interesting video. Also was wondering how Patek feels about this, but agree with the perspective of Eastie.

I’m pretty curious why Stallone is selling such big pieces in his collection.

[Armis]

Originally Posted by Rollieo

Cool and interesting video. Also was wondering how Patek feels about this, but agree with the perspective of Eastie.

I’m pretty curious why Stallone is selling such big pieces in his collection.

I faintly remember a past video where he was talking up an RM and maybe others he was also moving along. I imagine it is hard to let highly select pieces like these go. He’s one of those rare public individuals who I actually enjoy seeing wear such a range of impressive pieces.

[FloridaBill]

time to make predictions on sales price.....I will go with $4 million

[unotaz]

While he can continue to get regular Pateks, I guarantee you that he won't be able to get another application watch for many years.

It's one thing to sell application watches after a few years of ownership, it's another to sell a top watch like the grandmaster chime.

He could be low key about it and just sell it privately or through private auctions. But no, he decides to self-promote the sale on Youtube and other medial outlets in hoping to drive up the final sale price. This does not go down well with Pateks I can reassure you

Originally Posted by Rollieo

Cool and interesting video. Also was wondering how Patek feels about this, but agree with the perspective of Eastie.

I’m pretty curious why Stallone is selling such big pieces in his collection.

[Andad]

I’m sure he is a pledge member here under many different names.

[brandrea]

Originally Posted by Andad

I’m sure he is a pledge member here under many different names.

[77T]

I sincerely hope he isn't facing something serious that motivated him to cash out. Always appreciated his achievements that led to the movie franchise "Rocky".

53 years ago...

Living in a hell-hole with the puppy that later became his "mascot" in the film (Butkus is a tale for another time).

The reason "why" he's selling is elusive in the marketing YT, but sometimes you have to move on...

A story I read about his breakthrough script for "Rocky" tells us something about accepting constructive critique (in his own words from a Netflix documentary):
Upon reading the early version of Rocky's story, Stallone's friend couldn't hide her disapproval. She emphatically stated, "I hate Rocky. I hate him. He's cruel. He hits people. He beats them up." This heartfelt critique struck a chord with Stallone and prompted him to reassess his character's direction.

Determined to make Rocky a more relatable and sympathetic figure, Stallone sought his friend's guidance. He proposed, "What if you stop short of it? Like, maybe he almost did. He could have, that's his job, but he doesn't?" To this, his friend responded positively, saying, "That'd be nice." Stallone then added, "What if he had a girlfriend or something?" She agreed, "Yeah, that's nice." With this constructive feedback, Stallone began rewriting the script, incorporating the pivotal character of Rocky's girlfriend.

I'm guessing he has gained some advice from others about timing the liquidation.

From what I expect, Patek isn't getting any more requests from him anyway.


Sent from my iPhone using Tapatalk Pro

[2000-NJDEVILS]

Originally Posted by unotaz

While he can continue to get regular Pateks, I guarantee you that he won't be able to get another application watch for many years.

It's one thing to sell application watches after a few years of ownership, it's another to sell a top watch like the grandmaster chime.

He could be low key about it and just sell it privately or through private auctions. But no, he decides to self-promote the sale on Youtube and other medial outlets in hoping to drive up the final sale price. This does not go down well with Pateks I can reassure you

That’s speculation and NOT a fact!
He says exactly why he’s selling “part of his massive collection” in the video (Hint, it has to do with Flip Wilson). He is a Billionaire and he’s almost 80 and his collection is the worlds best - so parsing off a dozen pieces isnt going to really diminish his overall watch collection….
In addition, I really doubt that Mr. Stern and his family are going to punish Mr. Stallone for selling a one of one piece that he paid millions for years ago - he has been a direct client (not a lowly customer like me) of Patek Philippe since 1982. I repeat, a DIRECT CLIENT. He doesn’t go to Tiffany’s and get his Patek Philippe watches like me after waiting a few months or years - They offer him their best, newest, most coveted watches directly at MSRP - because they want his business and the no cost of being an “Unofficial Brand Ambassador”………

[brandrea]

Originally Posted by 2000-NJDEVILS

That’s speculation and NOT a fact!
He says exactly why he’s selling “part of his massive collection” in the video (Hint, it has to do with Flip Wilson). He is a Billionaire and he’s almost 80 and his collection is the worlds best - so parsing off a dozen pieces isnt going to really diminish his overall watch collection….
In addition, I really doubt that Mr. Stern and his family are going to punish Mr. Stallone for selling a one of one piece that he paid millions for years ago - he has been a direct client (not a lowly customer like me) of Patek Philippe since 1982. I repeat, a DIRECT CLIENT. He doesn’t go to Tiffany’s and get his Patek Philippe watches like me after waiting a few months or years - They offer him their best, newest, most coveted watches directly at MSRP - because they want his business and the no cost of being an “Unofficial Brand Ambassador”………

It’s still not s good look IMO

We can all agreee to disagree.

[vliberman]

Originally Posted by unotaz

While he can continue to get regular Pateks, I guarantee you that he won't be able to get another application watch for many years.

It's one thing to sell application watches after a few years of ownership, it's another to sell a top watch like the grandmaster chime.

He could be low key about it and just sell it privately or through private auctions. But no, he decides to self-promote the sale on Youtube and other medial outlets in hoping to drive up the final sale price. This does not go down well with Pateks I can reassure you

Your opinion and view on this is laughable!!!! Sky will get any watch any time he wants, including one on your wrist!

[Moondoggy]

Originally Posted by vliberman

Your opinion and view on this is laughable!!!! Sky will get any watch any time he wants, including one on your wrist!

He can’t get the one on my wrist.

[Chiboy]

So......he admired Flip Wilson's necklace charm, so Flip gifted it to him because he was done enjoying it and wanted Sly to enjoy it. Sly never forgot that, and since he's done enjoying these watches, he's selling them for millions of dollars so someone else can enjoy them. Almost brings a tear to my eye!

[2000-NJDEVILS]

Originally Posted by chiboy

so......he admired flip wilson's necklace charm, so flip gifted it to him because he was done enjoying it and wanted sly to enjoy it. Sly never forgot that, and since he's done enjoying these watches, he's selling them for millions of dollars so someone else can enjoy them. Almost brings a tear to my eye!

amen to that……

[Calatrava r]

Selling watches is an integral part of collecting. Sly really explains why.

[ts3]

Originally Posted by 2000-NJDEVILS

... and his collection is the worlds best ...

That's a bold statement. How would you know?

[Bazil]

Good watch, pardon the pun …

[unotaz]

Uh ok. Stallone gets all of his Pateks from Wempe, including the Grandmaster Chime.

You don't get yours at MSRP?

Originally Posted by 2000-NJDEVILS

That’s speculation and NOT a fact!
He says exactly why he’s selling “part of his massive collection” in the video (Hint, it has to do with Flip Wilson). He is a Billionaire and he’s almost 80 and his collection is the worlds best - so parsing off a dozen pieces isnt going to really diminish his overall watch collection….
In addition, I really doubt that Mr. Stern and his family are going to punish Mr. Stallone for selling a one of one piece that he paid millions for years ago - he has been a direct client (not a lowly customer like me) of Patek Philippe since 1982. I repeat, a DIRECT CLIENT. He doesn’t go to Tiffany’s and get his Patek Philippe watches like me after waiting a few months or years - They offer him their best, newest, most coveted watches directly at MSRP - because they want his business and the no cost of being an “Unofficial Brand Ambassador”………

[slawa]

Originally Posted by vliberman

Your opinion and view on this is laughable!!!! Sky will get any watch any time he wants, including one on your wrist!

totally agree , plus we don't know what is still in his collection

[2000-NJDEVILS]

Originally Posted by ts3

That's a bold statement. How would you know?

Answer:
I still work on Wall Street after 40+ years (LOVE the action) and over those years I have dealt with some of the uppermost 1/100th of a % richest human beings and their family offices……I have personally been invited to their homes and seen some collections that would tantalize even King Midas and Abraham Breguet!!! And several Billionaires (US, EU, ASIAN) confided to me that their “little collections” are nowhere near Mr. Stallones. Period. End of story. I will not discuss this any further…….

[ts3]

Originally Posted by 2000-NJDEVILS

Answer:
I still work on Wall Street after 40+ years (LOVE the action) and over those years I have dealt with some of the uppermost 1/100th of a % richest human beings and their family offices……I have personally been invited to their homes and seen some collections that would tantalize even King Midas and Abraham Breguet!!! And several Billionaires (US, EU, ASIAN) confided to me that their “little collections” are nowhere near Mr. Stallones. Period. End of story. I will not discuss this any further…….

Appreciate the answer and had a good laugh. Several billionaires telling you that their collections are nowhere near Stallone's isn't even anecdotal evidence for your claim that "his collection is the world's best". Not saying you are wrong but I was curious if this was common knowledge.

[Fleetlord]

Originally Posted by 2000-NJDEVILS

Answer:
I still work on Wall Street after 40+ years (LOVE the action) and over those years I have dealt with some of the uppermost 1/100th of a % richest human beings and their family offices……I have personally been invited to their homes and seen some collections that would tantalize even King Midas and Abraham Breguet!!! And several Billionaires (US, EU, ASIAN) confided to me that their “little collections” are nowhere near Mr. Stallones. Period. End of story. I will not discuss this any further…….

That’s going to ruffle some TRF feathers and egos.

[Ichiran]

Originally Posted by 2000-NJDEVILS

That’s speculation and NOT a fact!
He says exactly why he’s selling “part of his massive collection” in the video (Hint, it has to do with Flip Wilson). He is a Billionaire and he’s almost 80 and his collection is the worlds best - so parsing off a dozen pieces isnt going to really diminish his overall watch collection….
In addition, I really doubt that Mr. Stern and his family are going to punish Mr. Stallone for selling a one of one piece that he paid millions for years ago - he has been a direct client (not a lowly customer like me) of Patek Philippe since 1982. I repeat, a DIRECT CLIENT. He doesn’t go to Tiffany’s and get his Patek Philippe watches like me after waiting a few months or years - They offer him their best, newest, most coveted watches directly at MSRP - because they want his business and the no cost of being an “Unofficial Brand Ambassador”………

How would you know Thierry Stern is not banning him? Or have you dine with TS yesterday at a private dinner?

[Ichiran]

Originally Posted by ts3

Appreciate the answer and had a good laugh. Several billionaires telling you that their collections are nowhere near Stallone's isn't even anecdotal evidence for your claim that "his collection is the world's best". Not saying you are wrong but I was curious if this was common knowledge.

My neighbour told me he has a bigger collection than Sly, and his own collection ranks #16 in the country. He said the #1 collector in my country ranks #3 if we include the customer pool from Thailand. I have not stepped foot on Wall Street in my entire life though, so what do I know right?