President Noynoy Aquino inagural stamp cover

Last June 30, 2010 I was one of the few very lucky individual who bravely went to the Philippine Postal Corporation office at Liwasang Bonifacio  ( Despite being declared as holiday and the philatelic section might not sell any stamps ) to buy some commemorative first day cover of the much anticipated P-NOY Commemorative stamps. Unlike any other occasion, This is the inauguration of the 15th President of the Republic.

A limited commemorative inaugural stamp with serial number 1979 and a memorial stamp of former president Corazon Cojuangco Aquino issued last June 30, 2010

Braving the heat of the day , I arrived past 8:30 am at the Philatelic section of the Philpost , die-hard philatelists from all over the country and the world are awaiting for this special event in our country’s history.  I though that i was one of the early ones, but there are already several dealers and enthusiast who also went to the office even earlier.

Crowd buying the special commemorative cover

The Philatelic chief told me that , they are maintaining a skeletal staffs in order to sell these limited edition stamps.

In keeping with tradition, the Philippine Postal Corp. (Philpost) is issuing a a commemorative stamps  of president-elect Mr. Benigno “Noynoy”Aquino III. It has been part of Philippine Postal Corporation tradition that when there is a new president, Philpost  would come out with a new stamp issue.

Philatelic tellers ( in yellow t-shirt and Professor Marlon Vicente wearing orange t-shirt,  selling commemorative P-NOY stamps)

The 50-year-old Aquino was officially proclaimed by Congress as the country’s 15th president yesterday. He will take his oath as president on June 30.The stamp might be issued after Aquino’s oath taking. “There is a protocol that we have to follow. The pictures of Senator Aquino that would be used in the stamp would depend on the photos that would be provided by president-elect Aquino’s staff.

Philpost employees enjoying a brisk sales from souvenir hunters, philatelists and even balikbayans

He believes the Aquino stamp would be a hit among stamp collectors, like the commemorative stamp for the 25 death anniversary of Aquino’s father, former Sen. Benigno “Ninoy” Aquino Jr. issued on Nov. 27, 2008 and the collectible stamps for his mother, former President Corazon “Cory” Aquino issued on Sept. 8 last year.

The stamps bearing the image of boxing legend Manny “Pacman” Pacquiao and the late Iglesia ni Cristo head Eraño Manalo were also sought after. Carlos said they even had to reprint copies of the Manalo stamp.

Then, including a few employees of the Philpost, our group quickly hitch a ride  from a small van toward the postal station at the Luneta postal detachment (  near the Quirino grandstand where the Presidential inauguration )  .  We then quickly unloaded all the First Day cover and started helping the  employees  to sell their commemorative stamps.

Zen Hernandez of ABS-CBN channel 2 reporter with the author and employees of Philpost

A lot of souvenirs sellers from caps, button pins, umbrella, t-shirt , dolls etc… There are also some die-hard stamp hunters too! I was  still amazed that people still collect stamps . One of Filipinas Stamp Collectors’ Club officer Professor Marlon Vicente of Bulacan  took some respite and even joined the group , But before helping to sell the commemorative stamp cover . He quickly bought 20 pieces of FDC. According to him , He do not want to be left out in history.

Some present generation students which are used in the e-mail and texting though that we were selling stickers. It took us some time to convince these people. In fact the  Philpost issued only 2,000 pieces on these stamp. I was still wondering “why” limit these inaugural stamp covers to just merely 2,000 copies???? In fact during the past Presidential inauguration in the 1990’s the postal corporation would issue at least 50,000 to 100,000 sets????

Although this is a special issue, Issuing a very low quantity of these commemorative covers could even create a black market were the original Php 15.00 value of the cover may increase several times over!

This is a good news to the speculators and dealers, Since the issuance  of the limited edition cover. The price had already increase by at least  twenty (20) fold. However, For everyone to enjoy this so-called dying hobby . The stamp advisory committee should likewise refrain from issuing a very low quantity issue. In other South -East Asian countries like Thailand, Singapore, Malaysia and Vietnam ( I am limiting  my comparison to South East Asia )  Selling special commemorative  and thematic issues are a Big Big business bringing Million of Dollars in revenues !

But here in the Philippines ? From what we have learned from an insider of the Philpost , a government corporation. The last time they got a hefty earning was in 2004 ????