Stallone and Jason Statham CC 2 TOP

When Sylvester Stallone wants to raise money for charity, the gloves come off — and they go on the auction block.

The Hollywood legend sold 1,400 props, costumes, and other movie memorabilia to raise three million dollars over the course of a three-day auction that ended Sunday.

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The iconic black leather coat that Stallone personally owned and used as part of his costume in the original “Rocky” movie fetched $149,000 — almost twice what auctioneers estimated it would bring.

The boxing shorts that he wore in “Rocky IV” sold for $57,500; the handball Stallone constantly carried in the first two Rocky movies sold for $32,000; and the poncho he wore as John Rambo in “First Blood” sold for $60,000 — $50,000 more than the pre-sale estimate.

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The collection was a treasure trove of 40 years of movie history from a star who virtually created the modern action movie genre.

“I’ve fond memories attached to just about every object,” Stallone said during an appearance at the auction. “There comes a point, though, when I think that I’ve used these objects enough and have created enough memories that I can let them go.”

Portions of the proceeds will go to charities that support military veterans and wounded service members and to the Motion Picture and TV Country House and Hospital.

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The gloves and championship belt from “Rocky II” were among the few items that didn’t sell when bids failed to reach the $200,000 reserve.

Maybe next time. With Stallone, there’s always a sequel waiting in the wings.

(SEE more at The Bleacher Report and READ more at Entertainment Weekly) — Photo: Alatele fr, CC; 2 TOP, CC

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