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Sylvester Stallone: Own a Piece of Rocky & Rambo

Sylvester Stallone is planning to auction off some of his most prized movie memorabilia including items from Rocky and Rambo.

The actor says he will part ways with hundreds of items that span his 40-year career, including his boxing gloves, trunks and a robe from the Rocky movies. Also, a knife and an Army jacket he wore as Rambo. He says he wants to auction off the items now while he's still alive so that he can see other people enjoy them. A portion of the proceeds from the auction, which will take place in October, will benefit various military charities.

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