Sylvester Stallone’s ‘Rocky III’ gloves, ‘Rambo’ gear up for auction

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his auction should be a knockout! Hollywood Legendary actor Sylvester Stallone recently traded in his Tinseltown digs for a sprawling Palm Beach, Fla., estate, and he’s having one hell of a moving sale. On Dec. 5, he’s putting over 500 items from his personal collection up for bid at Julien’s Auctions in Beverly Hills, Calif. The Property From the Life and Career of Sylvester Stallone auction includes many one-of-a-kind items like props, costumes and scripts from “Rocky III” to “Creed” and “Rambo” to “Cop Land.” “He has moved to Florida and recognizes it’s time to let go of some things,” Darren Julien, CEO of Julien’s Auctions, told The Post. “These are important pieces to him and he knows they will be a part of history. He has such a large international fan base, so there will be a lot of interest.”
Included in the treasure trove are the American flag boxing trunks Rocky Balboa donned to defeat Clubber Lang (played by Mr. T) during their rematch in “Rocky III” and a pair of red boxing gloves from the flick. Also from the franchise’s third installment are yellow and black Nike boxing boots he wore in the exhibition match with flamboyant wrestler Thunderlips, played by Hulk Hogan. All three are conservatively estimated to fetch anywhere from $10,000 to $20,000. Then there’s a spiralbound Mead notebook from the 1970s, where he scrawled the original script that would turn him into a megastar: a story about a down-and-out southpaw from Philly. The Oscar-nominated actor also included the scripts for “Rocky II,”
“Rocky III” and “Rocky IV,” though it stops at “Rocky V,” which would perhaps suggest that Stallone, like the rest of us, wants to forget that one ever happened. “The handwritten scripts are incredible. I can’t believe he is letting go of them,” said Julien. Then there’s John Rambo’s weaponry, including knives created by master knifesmith Jimmy Lile for the “Rambo: First Blood.” A bid for one is already up to $55,000. “There is a lot of interest in the knives. They are the ones he used on screen for ‘Rambo’ and they are one of a kind. I think some could sell for $100,000 to $200,000,” said Julien. A headband from “Rambo: First Blood Part II” is also on the block with a starting bid of $2,000.
And if fans want a really intimate piece of Stallone’s life, they can bid on a shadowbox featuring Rocky’s commemorative belt, which hung in his bedroom for more than 20 years. Stallone, who purchased the Palm Beach estate for a whopping $35 million last December, is currently in Europe. But he recently sent Julien a video of himself walking through his not-so-humble abode, teasing the handsome hardcover catalog for the auction. “I am in the new house here trying to get everything settled, it’s completely chaotic,” Stallone said as he picked up the book. “And then and Io and behold, I come across this amazing work of art … This book belongs next to a Picasso,” he said holding it up to a painting by the Spanish artist hanging in his hallway.

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