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Watch sells for record $31M

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A unique Patek Philippe watch sold for $31 million at a charity auction.

It's the most expensive wristwatch ever auctioned, following the 2017 sale of a Rolex Daytona once owned by Paul Newman for $17.7 million.

Patek, Audemars Piguet and F.P. Journe created and donated one-of-a-kind watches for the auction benefiting Duchenne muscular dystrophy research.

Read more from CNBC.

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