Rosebud,” the famed wooden sled at the heart of Orson Welles’ classic 1941 movie “Citizen Kane,” has sold at auction for $14.75 million.

A red wooden sled marked with the name “Rosebud” just sold for $14.75 million at auction. The artifact is one of the sleds used in the making of director Orson Welles’ Citizen Kane (1941), and it’s now the second most expensive piece of film memorabilia ever sold.

One of the three wooden sleds known to still exist that appeared as Rosebud in Orson Welles' 1941 masterpiece "Citizen Kane" was sold at auction for $14.75 million.