License Plate Sells for $14 Million

AP
Posted: 2008-02-17 19:22:03
Filed Under: World News
ABU DHABI, United Arab Emirates (Feb. 16) – A license plate with nothing but the number “1” on it went for a record $14 million at a charity auction Saturday.

Photo Gallery

Manuel Salazar, AP

Big Items
Auctioned Off

1 of 9    

A wealthy Abu Dhabi man shelled out $14 million for a vanity license plate with just one number on it — “1” — shattering the previous record of $6.8 million paid for a plate with “5” on it. In total, 90 license plates were auctioned off for $24 million.

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.”I bought it because it’s the best number,” said Khouri, whose family made its fortune in real estate. “I bought it because I want to be the best in the world.”

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.

Khouri’s plate, however, has only the Western numeral and no letters.

 

Leave a Reply

Looking for something?

Use the form below to search the site:


Still not finding what you're looking for? Drop a comment on a post or contact us so we can take care of it!