(CNN) - The most expensive Rolex ever just fetched more than $17 million.
A Rolex Daytona that belonged that used to belong to actor Paul Newman was auctioned Thursday.
A bidder agreed to pay $17.8 million for it.
New York auction house Phillips did not give the buyer's name, but said the winning bid was placed by phone.
According to Phillips, it set a world record for a wristwatch sold at an auction.
But Newman's Rolex isn't the most expensive watch of all.
A pocket watch made by Patek Philippe in 1933 for prominent banker Henry Graves sold for $24.4 million at Sotheby's in 2015.
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