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But 24 hours later newspapers bearing the news that Barack Obama was president are fetching 100 times as much on eBay.

A copy of the Chicago Tribune's special edition with a full page photo of the local senator had reached $100, with 13 bids.

Copies of the New York Times and The Washington Post were also attracting wild bids of up to $400.

There were simply not enough to go around, with souvenir hunters and dealers snapping up dozens at a time. Official campaign bumper stickers were going for $20 and posters for $40, yet they were handed out free a few days ago to anyone who wanted them.

For $2,200, buyers can get a signed first edition of his memoir, Dreams from my Father. "This is a true historic election and your chance to own a piece of history," said the seller, who got it signed at a rally.

A signed hardback of The Audacity of Hope looked a bargain at $1,500.