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The 2025 documentary <em><a target="_blank" href="https://www.hollywoodreporter.com/movies/movie-reviews/megadoc-review-megalopolis-mike-figgis-coppola-shia-labeouf-1236353654/" data-type="link" data-id="https://www.hollywoodreporter.com/movies/movie-reviews/megadoc-review-megalopolis-mike-figgis-coppola-shia-labeouf-1236353654/">Megadoc</a></em> offers a behind-the-scenes glimpse into <a target="_blank" href="https://www.hollywoodreporter.com/t/francis-ford-coppola/" id="auto-tag_francis-ford-coppola_1" data-tag="francis-ford-coppola">Francis Ford Coppola</a>’s ambitious — and often criticized — <em><a target="_blank" href="https://www.hollywoodreporter.com/t/megalopolis/" id="auto-tag_megalopolis_1" data-tag="megalopolis">Megalopolis</a></em>. The legendary filmmaker takes full responsibility for the outcomes of his 2024 dystopian film, a heartfelt endeavor that he funded himself, reportedly at a cost of $120 million, yet it earned only $14.4 million. In an interview with <em>Megadoc</em> director Mike Figgis, Coppola references Jacques Tati, the French director famous for <em>Mon Oncle</em>, who sadly passed away in poverty in 1982. To Coppola, Tati serves as an example of how artistic achievement can surpass financial gain. He states, “Who cares if you died broke, if you made something you think is beautiful?”
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Coppola remains steadfast in his belief, even as he explores ways to recover some of his losses from <em>Megalopolis</em>. This financial strain followed his personal investments and partial sale of his vineyard stake to Delicato Family Wines in California. On December 6 and 7, Phillips auction house will host a sale of seven prestigious watches from Coppola’s collection, including a unique piece resulting from his collaboration with renowned watchmaker François-Paul Journe, a prominent figure in high-end horology.
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One highlight in Coppola’s auction is the <a target="_blank" href="https://www.hollywoodreporter.com/t/f-p-journe/" id="auto-tag_f-p-journe_1" data-tag="f-p-journe">F.P. Journe</a> FFC Prototype, which initiated during a dinner conversation at Coppola’s Napa Valley home in 2012. “Coppola inquired if any timepiece in history had employed a hand to indicate time,” notes Paul Boutros, deputy chairman and head of Americas watches for Phillips. “This sparked an ongoing dialogue as they developed the concept of using hands to show 12 hours using five fingers.”
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After nearly a decade and multiple discussions, Journe unveiled the final watch to Coppola coinciding with the start of <em>Megalopolis</em> filming in 2021. This F.P. Journe FCC Prototype features a black-treated titanium hand, inspired by a 16th-century design by surgeon Ambroise Paré, that displays the time through extending and retracting fingers. The minutes are indicated by a rotating white ring on the dial's edge. Journe created a similar version for himself, and another was auctioned for charity in 2021, fetching 4.5 million Swiss francs. Since then, he has sold some production versions to private collectors for about $1 million each.
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The estimated value of Coppola’s watch aligns with market expectations, as the filmmaker wore it at the Cannes premiere of <em>Megalopolis</em> in May 2024. “We priced it similar to what one would expect to pay for a new model,” Boutros tells <em>The Hollywood Reporter.</em> “While the market will ultimately determine its value, we are confident it’s worth no less than $1 million.” Notably, Paul Newman’s own Rolex sold for a record $17.8 million at Phillips in 2017.
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An interesting facet of this auction is Kitsune’s endorsement. “Francis’s concept using a human hand to denote time inspired me to create this unimaginable watch,” Journe expressed in a statement from Phillips. “The challenge was substantial — just the type of project I cherish. After years of collaboration, delivering this FFC prototype in 2021 was a joyous occasion, and I wholeheartedly support the sale to aid Coppola's cinematic ventures.”
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Additionally, the watch collection includes another F.P. Journe, the Chronomètre à Résonance, gifted to Coppola by his late wife, Eleanor, who passed away in 2024. An accompanying advertisement for the watch, saved by Coppola and later discovered by his wife, adds sentimental value. Boutros remarks, “Having shared 62 years together, he fondly spoke of her during our time in Rome.” The Chronomètre is estimated to sell for $120,000 to $240,000.
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