Particle.news
Download on the App Store

Francis Ford Coppola to Auction Seven Watches in December at Phillips New York, Led by One‑Off F.P. Journe FFC

The move is reported as an effort to recoup personal funds after Megalopolis posted weak box‑office returns.

Overview

  • Phillips has set the New York Watch Auction XIII for December 6–7, listing seven pieces from Coppola’s personal collection.
  • The top lot is a unique F.P. Journe FFC prototype co‑developed with François‑Paul Journe, featuring a human‑hand hour display and estimated at over $1 million.
  • Coppola wore the prototype at the Cannes premiere of Megalopolis, and a comparable Journe example sold for 4.5 million Swiss francs in 2021.
  • Other lots include a platinum Chronomètre à Résonance gifted by his late wife Eleanor (estimate $120,000–$240,000) and pieces by Patek Philippe, Blancpain, Breguet, and IWC with published ranges.
  • Reports link the sale to Megalopolis’ roughly $14.3–$14.4 million gross against a reported $120–$136 million budget, with Coppola telling the New York Times he needs money to “keep the ship afloat.”