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.

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

The sales come seven months after a pair of ruby slippers worn by Judy Garland in 'The Wizard of Oz' fetched $28 million