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Originally published Thursday, November 6, 2008 at 2:00 PM

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Retiree seeks return on 10,000 Obama front pages

A Washington state retiree is making a $1,700 bet that Barack Obama's election will lead to prosperity.

BELLINGHAM, Wash. —

A Washington state retiree is making a $1,700 bet that Barack Obama's election will lead to prosperity.

Sixty-seven-year-old Thomas Baldwin bought 10,000 copies Wednesday of The Bellingham Herald's election wrap-up edition. The front page carries a photo of the Democratic president-elect and the headline "Obama wins."

The papers have a 50-cent cover price, but Herald President and Publisher Glen Nardi says Baldwin was given the wholesale bulk rate of 17 cents each, or $1,700. Baldwin thinks he could net a profit someday if the paper becomes a collector's item.

The Herald still had the plates for the publication when Baldwin called and was able to fill his special order.

Copyright © 2008 The Seattle Times Company

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