Presented Online By Phillips in Association with Bacs & Russo
The Horological Society of New York (HSNY) announces that it has successfully raised $124,362 at its Timepieces for HSNY: 2022 Charity Auction, presented online by Phillips in Association with Bacs & Russo from July 6-13, 2022. The total raised is a new record for HSNY, which brought in just over $80,000 in 2021.
Nine lots made up this year's auction, which included Swiss, German, Japanese and American brands consisting of limited edition watches, sold-out timepieces, a prototype model, a Tiffany-stamped Patek Philippe and more. A ‘No Reserve’ policy was implemented across all lots, causing bidders to extend the auction an extra 15 minutes over two coveted timepieces. Brands on the virtual auction block included Patek Philippe, Zenith, Grand Seiko, TAG Heuer, Ulysse Nardin, Jaeger-LeCoultre, Equation of Time Watches, NOMOS Glashütte and UNIMATIC X Massena LAB.
Included in this year’s total is the sale of HSNY’s first ever lifetime membership card which was auctioned by Phillips at the Society’s 156th Gala in April 2022. The one-of-a-kind card was engine turned (guilloché) and hand-engraved and brought in $18,000 for HSNY and its educational mission.
“We’re thrilled to have broken our record for money raised at auction,” said HSNY Deputy Director Carolina Navarro. “The support of sponsors, donors, bidders and Phillips will help ensure HSNY is able to offer financial aid for the next generation of watchmakers and beyond.”
All proceeds from the auction will benefit HSNY in its ongoing mission to advance the art and science of horology, which includes offering financial aid to watchmaking institutions and full-time watchmaking students in the United States.
In 2022, HSNY awarded $100,000 in financial aid — another record amount — and introduced The Grace Fryer Scholarship for Female Watchmaking Students.