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