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Newspapers as Investments
Retiree Buys 10,000 “Obama Wins” Issues


By: Going Like Sixty (Superstar) Nov 8, 08
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Obamamania is turning into an Obamaboost for a Washington newspaper. A retiree, OAP, and former stock trader decided the November 5, 2008 edition of The Bellingham Herald was a great investment and plunked down $1700 for 10,000 copies that proclaimed “Obama Wins.” He placed a special order with the newspaper to run the extra copies after the regular edition was printed.

Newspapers across the U.S. reported sellouts of the history-recording newspapers the day after Obama was elected. The stock broker was inspired by a friend who sells old newspapers at flea markets. Current copies of the New York Times are selling for about $50-75 per issue while the Chicago Tribune is selling for around $50 per issue.



Source: seattletimes.nwsource
Readmore: blogs.bellinghamherald



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