The votes are in, and it's bad news for John McCain. Barack Obama has a big lead in the sale of campaign buttons and other election paraphernalia, outselling McCain 3 to 1 on one memorabilia website.
An Obama victory could make some of those pieces more valuable, experts say, given the historic nature of his candidacy. A button from the launch of Obama's presidential campaign sold for $150 in August at the American Political Items Collectors National Convention.
If you think there's no redeeming value to the interminable exercise known as the American presidential campaign, you are not a collector. The stock market may have tanked, but the longest presidential season in U.S. history has stimulated a different kind of investment opportunity.
"This year more than any other, people are collecting political memorabilia," says Adam Gottlieb, a spokesman for the California Energy Commission and a presidential-item junkie whose extensive Teddy Roosevelt collection is on exhibit through the end of the year at the California Historical Society in San Francisco. "People are yearning for nostalgia, something meaningful in their lives."
On Monday, the PBS series "Antiques Roadshow" gets into the act with "Politically Collect," a program that pulls back the appraisal curtain on presidential artifacts worth considerably more than the paper or tin on which they're printed -- up to $75,000, for instance, for a photograph of Lyndon B. Johnson taking the oath of office after President Kennedy was shot in 1963.
"Political items have really gone up in price," says Jeffery Daar, an attorney and Democratic Party activist whose Northridge home overflows with buttons and other memorabilia from the last 40 years of electioneering.
Presidential paraphernalia has long been the domain of hard-core political fans such as Daar, who live to unearth an obscure invitation or rare tchotchke. But in the last decade, the field has also become a place to make a tidy profit. A 1920 button of Democratic presidential candidate James Cox and his running mate, Franklin Delano Roosevelt, can sell for as much as $30,000. Last month, a signed photo of John F. Kennedy was going for $4,200 on Politics-Now.com. EBay and political memorabilia auction sites have made it possible for anyone to click their way into the game.
The collecting impulse is driven by something the afflicted say you can't get from stamps or Cabbage Patch stockpiles.
