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Nicklaus' gold Rolex watch could sell at auction for $18 million

He wore it after he won the 1972 U.S. Open at Pebble Beach. He wore it after he won the 1986 Masters at age 46. He wore it for more than 50 years and you, too, can wear it if you have lots and lots and lots of money.

Jack Nicklaus’ gold Rolex watch is up for auction on Tuesday courtesy Phillip Auction House in Manhattan, New York. Nicklaus joined CNBC’s “Squawk Box” to discuss the watch, which experts say may go for … take a breath … over $17.8 million.

Nicklaus said it was his first watch and the only one he wore for five decades.