The market for personalised registration plates continues to grow worldwide and this is particularly true for those affluent members of society who are willing to pay extraordinary amounts of money to secure their dream plates. However, in addition to being mere status symbols, such plates are often considered unique investment opportunities.
Single number registrations, which are available in some countries, carry a particular prestige, especially the number 1, which is unique and bestows the owner with a certain degree of kudos.
Here, we take a look at some of the most expensive plates purchased around the globe.
In February 2008, the registration ’1′ sold for a staggering £7.25 million in Abu Dhabi, United Arab Emirates.
Only slightly less popular were the numbers 5 and 7, which sold, again in Abu Dhabi, for £3.5 million and £1.58 million respectively.
A registration bearing the number ’18′ sold in Hong Kong for £1.56 million.
One of the most expensive registrations purchased in the UK was F 1, which went for over £440,000, while S 1 sold for just over £400,000
Personal name initials always prove popular choices for registration plates. This would explain why 51 NGH was purchased for £254,000 and MR51 NGH sold for £101,050
RU55 ELL was purchased, presumably by or for someone named Russell, for £79, 314.
Quentin Wilson, a former ‘Top Gear’ programme presenter, has commented that the purchase of a personalised registration is, “better than money in the bank.”
