If Your School's Most (or Least) Likely Succeeded, Hang on to That Mildewed Yearbook—it's Golden
updated 06/01/1987 AT 01:00 AM EDT
•originally published 06/01/1987 AT 01:00 AM EDT
In Fairfield, Iowa, freelance writer Walter A. Day Jr., 38, deals in celebrity yearbooks as a sideline. He has collected dozens by first identifying a celeb's alma mater, then tracking down classmates willing to part—for a price—with their copies. His most expensive purchase: a $1,000 Elvis Presley (1953 Humes High, Memphis). Day usually sells his books to collectors and dealers for $350 to $950 apiece, though he has refused $5,000 for a JFK (1935 Choate School). On June 25 he will auction a batch including one with a photo of Oliver "Larry" North with the quote, borrowed from Shakespeare, "I am not only witty in myself but the cause that wit is in other men."