Phillips Raises CHF 115,500 for Watchmaking Scholarships at Geneva Watch Days

Phillips Raises CHF 115,500 for Watchmaking Scholarships at Geneva Watch Days

Phillips raised CHF 115,500 for watchmaking education at its fourth annual charity auction during Geneva Watch Days, with all proceeds supporting the Pierre Amstutz Fund and scholarships for apprentices facing financial hardship. The auction, held on September 3, featured 16 unique lots, including a standout piece by Konstantin Chaykin that sold for CHF 24,000, and was led by auctioneer Aurel Bacs. The total amount contributed by the Geneva Watch Days × Phillips charity auctions now reaches CHF 519,400 across four editions, underscoring the event’s role in fostering the next generation of watchmakers while bringing together brands, collectors, and industry professionals.

Buying Time Analysis: This story highlights how the charity auction raised significant funds to support watchmaking education, demonstrating the impact of industry‑backed scholarships on future talent.

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