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Vanity Licence Plates


Kip Powick

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In Dhabi a stock broker has a licence plate that reads merely "5". He paid $6,800,000.00 for it.

He wants to get the number "1" which will be up for auction in a week or so. He is willing to go $15,000,000.00 to $20,000,000.00 for the plate...... but no higher..

In one auction they sold 300 plates and raised $56,000,000.00, of which much of the $$ goes to a charirty.

Interesting CNN video..

Vanity Plates

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  • 3 weeks later...

I guess the stock broker had a change of heart! laugh.gif

ABU DHABI, United Arab Emirates (AP) -- A license plate with nothing but the number "1" on it went for a record $14 million at a charity auction Saturday.

Saeed Khouri, a member of a wealthy Abu Dhabi family, wouldn't say how many automobiles he owned or which of them might carry the record-breaking single-digit plate.

The oil-rich UAE began auctioning off vanity license plates last May. Ordinary automobile license plates issued to drivers here -- and even most other vanity series plates -- carry both Arabic and Western numerals and script, defining the issuing city and country.

Proceeds from the auctions, which are held in a lavish hotel here, go to a rehabilitation center for victims of traffic accidents.

On Saturday, 90 license plates were auctioned off in all, raising a total of $24 million. The previous five such events raised more than $50 million. E-mail to a friend

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