HERITAGE AUCTIONS, HYATT REGENCY CENTURY PLAZA, LOS ANGELES
Props and costumes from famous films such as Rocky, Rambo and The Expendables were sold to fans worldwide at three public auction sessions conducted by Heritage Auctions in Los Angeles. All told, fans of international superstar Sylvester Stallone (top) placed more than $3 million in winning bids in person, by phone and online.
A portion of the proceeds from the auction will be donated by Stallone to various charities that assist military veterans and wounded servicemen and servicewomen as well as the Motion Picture and TV Country House and Hospital.
The top lot was the iconic black leather jacket Stallone wore as Rocky Balboa in the award-winning first Rocky movie, which established Stallone as an international superstar. Spirited bidding pushed the final hammer to $149,000.
“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,” says Heritage Auctions President Greg Rohan. “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.”