Welcome to The Scoop — the ultimate back-to-the-office water cooler cheat sheet, your go-to source for all things everyone really wants to know!

American actor and director Sylvester Stallone poses for photographers on the red carpet at the El Gouna film festival on the Red Sea in Egypt on Sept. 28, 2018. (Credit: PATRICK BAZ / EL GOUNA FILM FESTIVAL/ AFP/Getty Images)

Get the latest on everything from the political swamp maneuvering in D.C. to Hollywood drama to jaw-dropping small-town shenanigans from Paula Froelich. Subscribe to her newsletter here.

(NewsNation) — Apparently, Sylvester Stallone doesn’t need to care about time anymore after moving to Florida — and has put part of his watch collection worth over $6 million up for auction at Sotheby’s.

(The “Rocky” star and his wife, model Jennifer Flavin, left Los Angeles earlier this year for good, and in March plunked down $35.38 million for a Palm Beach estate.)
Kevin Costner could be facing movie flop 
The star of the collection is a Patek Philippe Grandmaster Chime — “one of the most complicated wristwatches in the world” according to Sotheby’s Head of Watches for the Americas, Geoff Hess. Widely considered a “holy grail” amongst the watch community, Stallone’s Reference 6300G Grandmaster Chime is the first of its kind to ever appear at auction. The watch is estimated to sell between $2.5 million and $5 million. Stallone’s watch collection all together is worth over $7.6 million.

According to the auction listing, it includes a “grand presentation box engraved with Stallone’s name and a Grandmaster Chime book bearing his name on the cover and inside cover… a Certificate of Origin confirming Stallone as the original purchaser, product literature in a large leather portfolio, a collection book, travel case, cufflinks, USB drive, sealed setting pin, hang tag, an Apple iPad with a Patek Philippe leather case, adapter, charger, and Apple earpods with a Patek Philippe case.”

Some of the other watches up for grabs (all of which are engraved with Stallone’s name or signature) include a Patek Philippe Reference 5711/1300A-001 Nautilus (estimate: $200,000- $400,000); a Panerai Reference PAM00382 Luminor Submersible 1950, worn by Stallone in “The Expendables 2” (estimate: $60,000); an Audemars Piguet Royal Oak Tourbillon, 50th Anniversary ($200,000); a Panerai Reference PAM00269 Luminor Submersible “Piece Unique” ($60,000); Rolex Reference 228235 Day-Date ($50,000); a Patek Philippe Nautilus ($100,000).

“Each watch in this collection is imbued with his appreciation for fine craftsmanship and artistry,” Hoess said.

“Not only does Sly’s collection offer discerning collectors the chance to acquire a rare work of horology, but one which has been handpicked and cherished by an American icon as well.”

So why would Stalonne want to sell?

Years ago I was having lunch at Mr. Chow in Beverly Hills with his then=publicist Paul Bloch and Stallone joined us.

During the meal, Stallone was gushing about his wife Flavin and mentioned, “She’s the one who makes the money in the family! She wears the pants.”

Sly was referencing Flavin’s Serious Skin Care line, which launched on HSN in 2009 but is now sold on QVC.

In 2023, Flavin brokered a $42 million deal with A360 media to feature her skincare line across the platform’a 20 publications. She is said to have a personal net worth of $50 million.

So … maybe by selling the watches, he can pay for his half of the Palm Beach house.