Filmmaker Francis Ford Coppola’s watch sold for $11 million. It’s not for everyone
Filmmaker Francis Ford Coppola's watch sold for $11 million (Picture credit: NYT) By Jacob BernsteinLast March, the filmmaker Francis Ford Coppola said he was nearly broke after spending millions of dollars of his own money to finance the film “Megalopolis.” In Oct, he said in an interview with the New York Times that to “keep the ship afloat” he was selling several of his watches through Phillips, a leading auction house.On Saturday, during a frenzied bidding war on Park Avenue, an F.P.Journe timepiece from his collection sold for nearly $11 million. It was the sixth-most-expensive watch to ever be sold at auction. And it is the only watch on that list that was not manufactured by Patek Philippe or Rolex. Coppola designed the watch in 2014 as a collaboration with F.P. Journe, a Swiss watch company whose horological marvels are so expensive that they make Rolex look like Swatch.Called the FFC, the watch sold on Saturday has an openwork design, which means its inner workings are on..
