Overview
- An anonymous telephone bidder won the F.P. Journe “FFC Prototype” in New York after about 11 minutes of bidding, according to the auction house and contemporary reports.
- The result is the highest auction price ever for an F.P. Journe watch and was described as a worldwide record for a piece from an independent manufacture, exceeding a $1 million estimate by more than tenfold.
- The platinum one‑off was conceived during a 2012 meeting at Coppola’s California winery and presented to him in 2021, featuring a movable black titanium hand that indicates the hours.
- Coppola consigned seven watches for the two‑day sale, and his F.P. Journe Chronomètre à Résonance realized $584,200, nearly five times its low estimate.
- Coppola previously told The New York Times he needed funds to “keep the ship afloat,” following heavy personal investment in Megalopolis, which returned only a fraction of its costs.