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£7M FOR A NUMBER PLATE ? HERE IS THE RICH LIST

There has been a surge in demand for personalised car number plates during the pandemic – turning many of them into shrewd investments.

The increase in sales has helped the value of the most sought-after plates rise in price, creating a multi-million pound industry where they can change hands for anything from £150 to £200,000 – or more.

Russell Palmer is a director at plate trader CarReg. He says: ‘With so many people forced to work from home, there has been a boom in business – with people discovering that personalised number plates can prove shrewd investments. Thanks to regular online auctions and sales, there is no need for buyers to step out their front door.’

Jack is a Christian name that has been popular among new parents in recent years. A registration plate ‘JAC 1K’ that sold for £8,700 in 2008 could now sell for as much as £50,000, according to Palmer.

Registration plate ‘MEG 4N’ went for £12,500 in 2003. But following the marriage of Meghan Markle to Prince Harry, it has since been valued at £45,000.

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The Most Expensive Number Plates In The World

  1. D 5

    Price: 33 Million AED, equivalent to £7,324,207

    Date: 08/10/2018

    Location: Dubai, UAE

  2. 1

    Price: 52.2 Million AED, equivalent to £7,250,000

    Date: 17/02/2018

    Location: Abu Dhabi, UAE

  3. 0 9

    Price: 25 Million AED, equivalent to £4,363,000

    Date: 07/07/2015 Location: Dubai, UAE

  4. 5

    Price: 25.2 Million AED, equivalent to £3,500,000

    Date: 01//02/2007

    Location: Abu Dhabi, UAE

  5. 7

    Price: 16.8 Million AED, equivalent to £3,000,000

    Date: 20/02/2010

    Location: Abu Dhabi, UAE

  6. 9

    Price: 15.4 Million AED, equivalent to £2,153,846

    Date: 10/05/2008

    Location: Abu Dhabi, UAE

  7. 2

    Price: 10 Million AED, equivalent to £2,061,850

    Date: 18/11/2017

    Location: Abu Dhabi, UAE

  8. 28

    Price: 18.1 Million KHD, equivalent to £1,616,000

    Date: 02/02/2016

    Location: Hong Kong

  9. 18 Price: 16.5 Million HKD, equivalent to £1,513,372

    Date: 23/02/2008

    Location: Hong Kong

  10. NSW 4

    Price: 2.4 Million AUD, equivalent to £1,500,000

    Date: 28/08/2017

    Location: New South Wales, Australia

The Top Ten Most Expensive Number Plates in The UK

  1. 25 O

    Price: £400,000

    Date: November 2014

    This very expensive number plate was purchased by a Mr John Collins, a classic car dealer who also purchased 250 L at the same DVLA auction back in 2014. After fees he spent a cool £650,000 at that one auction. Now that’s an expensive day out!

  2. 1 D

    Price: £285,000

    Date: March 2009

    Business Tycoon Nabil Bishara won the number plate at a DVLA auction, coming out on top in an incredible bidding war to pop the very expensive number plate on his wife’s Bentley. Apparently, a bunch of flowers and a box of chocolates just wouldn’t suffice.

  3. 51 NGH

    Price: £201,000

    Date: April 2006

    Unsurprisingly purchased by a Mr Singh, 51 NGH broke records when it was auctioned off in 2006, becoming the most expensive plate ever to be sold at a DVLA auction. Singh is an incredibly popular surname in the Sikh community, so it kinda makes sense why someone would drop over a quarter of a million pounds on a very expensive number plate. Kind of.

  4. 1 RH

    Price: £196,000

    Date: November 2008

    This one is a bit mysterious for an expensive number plate, as there is no public knowledge about who actually purchased it. Which is quite strange as when somebody spends a couple of hundred grand on a number plate, it tends to hit the news. It is however back up for sale with a price tag ranging between £300,000 and £400,000, depending on where you look.

  5. K1 NGS

    Price: £185,000

    Date: December 1993

    Being a K suffix plate, K1 NGS was released in 1992, and quickly put up for sale in 1993. Expensive number plate legend has it that it was purchased by an Arab Sultan back in the 90s, and it remains on a presumably royal vehicle today.

  6. KR15 HNA

    Price: £180,000

    Date: May 2015

    Krishna is a Hindy deity, and what better way to show your love for a god than with a personalised number plate? Well that’s what the anonymous London-based Indian heritage businesswoman thought when she shelled out over £200,000 after fees on a very expensive number plate indeed. This one unsurprisingly broke records back in 2015 and was purchased at a DVLA auction live in the flesh by the mysterious woman.

  7. 1 O

    Price: £170,000

    Date: January 2009

    Tom Earle purchased 1 O at a DVLA auction back in 2009, shelling out over £200,000 for the pleasure. At the time of purchase, it was the third most expensive number plate the UK has ever produced, but as values increase so much it is down to a lowly 7th. It is unknown as to why Tom Earle was able to not only afford this plate but why he wanted it, as judging by the photo of him holding his beloved plate, he looks about 18 years old.

  8. 1 A

    Price: £160,000

    Date: December 1989

    Now, bear with us on this, but 1 A being sold for £160,000 is actually incredibly cheap, considering it is the exact mirror of the legendary A 1, said to be worth at least £10 million in today’s market. While it was purchased in 1989, this is still an incredibly small amount for what would be one of the world’s most expensive plates if it were up for sale. Which unfortunately, it isn’t.

  9. 1 OO

    Price: £156,000

    Date: April 2006

    Either a massive toilet fan or a fan of the number 100, the buyer of 1 OO is unknown. What is known, however, is that it was sold at a DVLA auction in April 2006. And that’s about all we know about this one!

  10. 2 O

    Price: £115,000

    Date: March 2009

    And finally, 2 O, again we know little about the purchaser of this plate as they have remained anonymous. We do know that in March 2009 it went for £115,000 at a DVLA auction and has remained out of circulation since then.