Expertise Events
advertisement
Expertise Events
advertisement
Expertise Events
advertisement
Goto your account
Search Stories by: 
and/or
 

News












The watch was sold at Christie’s on 6 November for more than $US5 million ($AU7.52 million) as part of a special sale of more than 100 luxury timepieces. | Source: Rolex Magazine
The watch was sold at Christie’s on 6 November for more than $US5 million ($AU7.52 million) as part of a special sale of more than 100 luxury timepieces. | Source: Rolex Magazine

See you in court: Legal fight begins over Marlon Brando’s Rolex

An iconic Rolex GMT-Master worn by actor Marlon Brando in Francis Ford Coppola’s 1979 film ‘Apocalypse Now’ has become embroiled in a civil lawsuit.

The watch was sold at Christie’s on 6 November for more than $US5 million ($AU7.52 million) as part of a special sale of more than 100 luxury timepieces.

The watch belonged to the collection of Omani businessman Mohammed Zaman. The auction returned more than $US42 million ($AU63.16 million).

Bloomberg has reported that Zaman has filed a lawsuit in Geneva concerning the sale, and in response, winning bidders have been instructed to withhold payment until further instruction.

“Christie’s has taken immediate steps to challenge this interference with the sale process and is hoping for a swift resolution.”
Spokesperson, Christie's

“Mr. Zaman is regrettably blocking Christie’s from releasing watches to the successful buyers at the ‘Passion for Time’ sale,” a spokesperson said.

“Christie’s has taken immediate steps to challenge this interference with the sale process and is hoping for a swift resolution. We deeply regret the inconvenience caused to our valued clients pending that outcome.”

Brando’s Rolex was thought to be lost until 2019, when the actor's daughter, Petra Brando Fisher, put the piece up for sale at Phillips auction house.

It’s believed Brando gifted the watch to his daughter after her university graduation in 1995. The watch sold in 2019 for $US1.9 million ($AU2.86 million).

Marlon Brando
Marlon Brando's Rolex GMT-MASTER he famously wore in the 1979 movie "Apocalypse Now" | Source: Rolex Magazine

 

More reading
Positive sales: Watches of Switerzland maintains optimistic forecast
Right on time: The Hong Kong Watch and Clock Fair returns
Supply issues prompt sales decline for Watches of Switzerland
Rolex rippers: Concerning surge in luxury watch theft
Rolex and Bucherer: Future of luxury watch industry still uncertain

 











SAMS Group Australia
advertisement





Read current issue

login to my account
Username: Password:
Expertise Events
advertisement
Diamonds on Call
advertisement
Jeweller Magazine
advertisement
© 2024 Befindan Media