Why this golf legend's gold watch may break auction records

CNBC's Robert Frank reports on what may be the most expensive gold watch ever auctioned off. Golf legend Jack Nicklaus' original 18-karat gold Rolex will be auctioned off at Manhattan's Phillip Auction House for charity. Experts estimate it will be more expensive than Paul Newman's Rolex watch, which sold for $17.8 million in 2018.