Coppola Selling Watches After Megalopolis Loss

Francis Ford Coppola says he has been left financially strained after largely self-financing his 2024 epic Megalopolis, a film reported to have cost over $100 million and to have earned about $14.4 million worldwide. To raise funds he will auction seven watches at Phillips in New York on December 6–7, including a custom F.P. Journe FFC co-created with François‑Paul Journe that indicates the hour with a mechanical human hand. The FFC is expected to start bidding around $1 million, and prototypes or related pieces have fetched multimillion-dollar sums at past sales. The sale also includes Patek Philippe, Blancpain, IWC, Breguet and another F.P. Journe, with estimates ranging from a few thousand dollars up to about $240,000. Collectors and commentators say the auction underscores both the rarity of the pieces and the financial risks Coppola took in self-funding Megalopolis.