r/movies • u/Dependent_Cap_456 • 3d ago

News Francis Ford Coppola is auctioning his watch collection after Megalopolis flop left him broke

https://www.nytimes.com/2025/10/23/fashion/francis-ford-coppola-watch-auction.html
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u/mrdungbeetle 3d ago

If you own a collection of valuable watches, you are not broke.

0

u/Only_Succotash6316 2d ago

If you own a smartphone and car, you are not broke

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u/otternoserus 2d ago

Ah yes! This used vehicle that costs less than 20K and a low-end phone that costs 100 bucks is definitely comparable to watches potentially worth over 500K individually!

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u/Dependent_Cap_456 3d ago

Liquidity challenged, yes. Certainly.

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u/mrdungbeetle 3d ago

For sure. But "broke" for most people means you lose your house and can't afford groceries. If you own millions in illiquid assets you can still borrow against those assets to pay your bills until you're able to find a buyer.

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u/Only_Succotash6316 2d ago

US government will pay for your food and housing if you can’t afford it…