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 Nearly 500 items from
Stallone's personal archives are being sold,
including costumes, props, scripts, notebooks
and other memorabilia from the actor's biggest
films, including the "Rocky" and "Rambo"
franchises, "Cliffhanger", "The Expendables" and
"Demolition Man," Julien's Auctions said on
Tuesday.
Highlights include Stallone's boxing gloves from
"Rocky III", with an estimate of $10,000 -
$20,000, as well as handwritten notebooks about
the first four "Rocky" films, priced at $40,000
- $60,000.
"Rambo" fans are being offered a collection of
knives from the first three films, priced
$10,000 - $20,000 each, as well as a headband
worn by Stallone in "Rambo: First Blood Part II"
($8,000-$10,000) among other memorabilia.
"He's a sports guy, that's what he represents,
sports and hard graft and people can relate to
that," Martin Nolan, executive director at
Julien's Auctions, told Reuters.
"And that's why he's so collectable and really,
people have very little opportunity to own
anything from his life and career until now."
Born in New York in 1946, Stallone found fame
with 1976 Oscar-winning boxing film "Rocky",
soon becoming one of Hollywood’s biggest action
movie stars.
Asked why the actor, now aged 75, was selling
the items, Nolan said: "He actually is
relocating, he's selling his house, so that's a
perfect time for anyone to sort of downsize."
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 "We expect... a huge response
to this (auction) announcement because people
have pent up demand for iconic items like this,
authentic items coming directly from the man
himself."
Other items for sale include posters, the boxing
mouth guard worn by Stallone in "Rocky", a
costume designed by Gianni Versace for "Judge
Dredd" and a "Cliffhanger" arm sculpture.
"Everything is pretty much at no reserve and
they are conservatively estimated," Nolan said.
"Overall, we estimate the sale in the range of
$1 (million) to $1.5 million. That's a
conservative auction estimate because they are
so iconic and people love this stuff."
The "Property from The Life and Career of
Sylvester Stallone" sale takes place on Dec 5 at
Julien's Auctions in Beverly Hills and will be
preceded by an exhibition of the items in London
starting on Thursday at the Mall Galleries.
(Reporting by Mindy Burrows; Writing by
Marie-Louise Gumuchian; Editing by Raissa
Kasolowsky and Dan Grebler)
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