MICHAEL “XIAO” CHUA

THE auction last Saturday, March 3, at the León Gallery was truly historic. In five lots with starting prices of P500,000 each, the Andres Bonifacio Presidential Letters were auctioned and fetched the following prices: Letter to Emilio Jacinto, March 8, 1897 (Lot 128) - P1.8 million; letter to Jacinto, April 16, 1897 (Lot 129) - P1.7 million; letter to Jacinto, April 24, 1897 (Lot 130) - P4.8 million, the most expensive; appointment of Jacinto as Commander of the High Council of Hilagaan, April 15, 1897 (Lot 131) - P3.2 million; and Philatelic Envelope from President Bonifacio that once contained the Jacinto appointment (Loy 132) - P2.4 million. With the auction fees, all the Bonifacio items collectively fetched P16.2 million.

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