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STAMP SOLD FOR P5000

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Botswana’s world cup stamps fetch thousands
As with most auctions, it was a question of who has a fat pocket during the auction of the first day covers of the Botswana 2010 FIFA World Cup stamp.There were 10 stamps which were up for grabs but it was the last one that generated a lot of interest and money.

In the end it was Botswana’s Post Director General, Pele Makolo who emerged the highest bidder with his P5000 which he was prepared to part with for the stamp.
Makolo’s  ‘competitors’ were supposed to be stamp collectors who do the stamp collecting either as a hobby or an investment but neither of the stamp collectors who were present could outbid him on the last stamp.
More than P20 000 was raised from the auction of the 10 stamps and the money would be used for the development of stamp designing in the country.
The auction took place during the launch of the commemorative stamps for the upcoming world cup on Monday. The stamps feature a graphic image of football players in action as well as a football, national flags of countries in which the stamp is being launched and Zakumi- the official mascot, specially designed for the FIFA World Cup.
They (the stamps) will be in circulation in all the nine participating countries until 31 December 2010. Participating countries are Botswana, South Africa, Zambia, Malawi, Zimbabwe, Swaziland, Mauritius, Lesotho and Namibia.
Officially launching the stamp, the Minister of Transport and Communications, Frank Ramsden said as the paper ambassador it is hoped that the stamp will promote international relations between Botswana and other countries.
”It is also anticipated that this commemorative stamp will bring the much needed revenue to BotswanaPost and other postal operators in the region, prove to be an effective promotion tool for the 2010 FIFA World Cup and promote stamp collection in Botswana,’’ he said.
The stamp will be sold for P1.10
He said Botswana and other participating SADC countries will sell the stamp as a rare collectible which probably will never be repeated in a very long time and thus be part of the FIFA World Cup by owning official commemorative stamps for the upcoming soccer showcase.
All the stamps from the participating countries which are a product of the Southern African Postal Operators Association were designed by Anja Denker from Namibia.