Market dispatch·Geneva
Phillips charity auction raises CHF 115,500 for Geneva watchmaking school
Phillips in Association with Bacs & Russo held its fourth annual Geneva Watch Days charity auction, raising CHF 115,500 for l'École d'Horlogerie de Genève.

The September 3 auction offered 16 one-of-a-kind lots donated by participating Geneva Watch Days brands, with all proceeds going directly to the Pierre Amstutz Fund for watchmaking scholarships. A unique Konstantin Chaykin watch design led the sale at CHF 24,000. The event has raised CHF 519,400 across its four editions.

