The film received poor reviews and was a box office failure, grossing $14.4 million against an estimated budget between $120 and $136 million.
Francis Ford Coppola is auctioning a series of personalized watches (including one valued at $1 million), following the box office failure of its 2024 film Megalopolis.
This epic sci-fi drama was a passion project for the celebrated filmmaker, who contributed some of his own money to its making. It tells the story of an alternative New York (called “New Rome”) and follows the battle between an architect (Adam Driver) and a corrupt mayor (Giancarlo Esposito) for their visions for the city’s future.
The film received poor reviews and was a box office failure, grossing $14.4 million against an estimated budget between $120 and $136 million.
Now, reportedly hoping to recoup some of his sunk costs, Coppola is selling seven watches in an auction taking place December 6 and 7 at Phillips auction house in New York City.
What are the watches that Francis Ford Coppola will auction are like?
The key piece that will be auctioned in the so-called “Coppola Collection” is the prototype FP Journe FCCwhich Coppola made together with the famous watchmaker Francis-Paul Journe. It has a black-treated titanium hand, developed over almost a decade of conversations between Journe, his team and Coppola, according to The Hollywood Reporter portal.
The hand was inspired by a 16th-century prosthesis made by French doctor Ambroise Paré, and marks time through “the fingers and thumb extending or retracting in a set of sequences that indicate different times.”
The minutes are marked by a white rotating ring around the perimeter. It is one of only three versions manufactured by Journe; the last watch was sold at a charity auction in 2021 for 4.5 million Swiss francs ($5.6 million).
Another notable piece of the collection is the Chronomètre à Résonancewhich was given to Coppola by his late wife, Eleanor Coppola. The watch is accompanied by an advertisement for the Résonance, which Francis Ford Coppola kept and which his wife later found, prompting the gift. This watch will be auctioned for between $120,000 and $240,000.
Other pieces included in the collection are a Blancpain Minute Repeater (auctioned between $15,000 and $30,000); a Patek Philippe Calatrava ref. 3919 (auctioned between $6,000 and $12,000); and a Patek Philippe World Time ref. 5130G (auctioned between $15,000 and $30,000).
Two last watches, without reserve (that is, without minimum price): a BreguetClassique ref. 5140 (auction between 4,000 and 8,000 dollars) and a IWC Portugieser (auction between $3,000 and $6,000) will be part of the auction.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
