Sylvester Stallone's memorabilia auction brings more than $3 million



2015-12-23 12:08:58

A sale of memorabilia from the collection of Sylvester Stallone has realized more than $3 million at Heritage Auctions.

Prior to the sale in Los Angeles, Stallone addressed bidders packed into the auction room.

"The memorabilia I have has been used and been a part of my life for, kind of hard to admit this, well over 40 years," he said. "It's been in my possession and I've fond memories attached to just about every object. There comes a point, though, when I think that I've used these objects enough and have created enough memories that I can let them go."

Leading the collection was the black leather jacket that Stallone wore in his role as Rocky Balboa, in the first film in the Rocky series.

"The leather jacket Mr. Stallone personally owned and then wore as a costume in the first Rocky movie was expected to sell for $75,000 but was bid to $149,000," said Greg Rohan, President of Heritage Auctions.

"It's a true piece of Hollywood history, so emblematic of the character and the times. It's not surprising to see fans moved to bid like this for such an iconic costume."

Numerous other items from the Rocky series achieved top prices, including a pair of boxing trunks from Rocky IV which sold for $57,500; a black leather jacket from Rocky II which sold for $43,750; a grey sweatsuit from Rocky Balboa which realized $37,500; and Dolph Lundgren's boxing outfit from Rocky IV which fetched $45,000.

Collectors also snapped up memorabilia from many of Stallone's other hit movies. The screen-worn poncho from First Blood, in which Stallone played John Rambo for the first time, sold for $60,000, and was joined by his army jacket from the same film which realized $45,000.

There was also strong bidding on a set of costume armour and a prop gun from the 1995 comic-book adaptation Judge Dredd which sold for $30,000.

Personal items from the actor's collection also proved popular. An Ayrton Senna-owned F1 racing helmet gifted to Stallone in 1994 sold for $43,750, and a set of signed training headgear used by boxing legend Muhammad Ali brought $30,000.

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