1 Million Pound Dubai Number Plate And Celebrity Number Plates
But this special number plate, displaying Y44 4LAH, could earn two friends a cool £1million.
The pair - Araf Sultan and Roy Chauhan - bought the number plate for just £350 14 years ago.
Now the pair are preparing to pitch the plate, which reads Yes Allah, at auction in United Arab Emirates, hoping to fetch around £1m.
It comes after a plate displaying AB11 DBU, reading Abu Dhabi, sold for £750,000 at an auction in the oil-rich Middle Eastern country.
Mr Chauhan, aged 45, of Brockhurst Crescent in Walsall said: "We bought the plate for novelty for £350, jut a bit of fun.
"We knew thought it could possibly worth so much money, but after seeing the other plate go for so much, we think it could be worth £1m.
"It is an exciting time, and we're looking at auctioneers in the country now."
Mr Chauhan believes residents in the UAE buy UK number plates for when they visit the UK, to display on their cars.
He said: "Abu Dhabi is a place where money is no object.
"Where people want something, they usually get it. We think something like this will be sought after."
But what’s also interesting is that a lot of these celebs are superstitious about their vehicle number plates, so much, so that they have the same number combination for all their vehicles. A personalized vehicle registration number may come at its own cost, but then again, moolah has never been a deterrent for our celebs, has it?
However, inflation, recession or demonetization, nothing seems to deter Hyderabad’s rich but not necessarily famous from winning auspicious vehicle number plates at RTO auctions, never mind their exorbitant price tags.
Recently Balayya’s daughters gifted a posh car to him is a known news. But what is surprising news is that Balayya and his team brought the number plate TS 90EU 0001 for a whopping sum of Rs 7.77 lakhs for NBK’s new Bently car (Rs 3.11 crores)
While bids have skyrocketed, the most popular numerical sequences continue to be variations of the number 9: series with 0009, 0099, 0001 and so on.
How much similar registration plates have sold for recently and in the past: it is always worth looking at what has been going on in the private registration plate market recently to add extra weight to the valuation of your own number plate. It is a market that is not immune from trends, so keep a close eye on what has been selling well and see if your plate has any similar features
The age of the plate: older plates tend to attract higher prices and dateless number plates (the first ones ever issued) normally call for the highest prices on the market
The plate’s rarity: if a lot of similar registration plates were issued, your plate may be less valuable. So, the relative rarity of older, dateless number plates makes them more valuable, as a whole, than newer, dated plates. Similarly, having a private plate with a word or name spelled out on it gives it a degree of rarity that would raise its value.
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