Car Number Plate Bidder Buys The Car Licence Plate VS 1 In Auction
The canton of Valais is 160,100 francs richer after an anonymous bidder bought the car number plate VS 1 in an auction that finished on Tuesday.
The figure is the highest amount ever paid for a vehicle car registration plate in Switzerland and "surpassed expectations", said the cantonal authorities in a statement.
The canton’s road traffic and navigation service (SCN) launched the auction on February 15th with bids open for a month on a number of plates.
The VS 1 plate attracted 17 bidders, with the highest bid coming from a person using the pseudonym Matrans.
His or her 160,100 winning bid breaks the Swiss record previously set in the canton of St Gallen where 135,000 francs was paid for the plate SG 1.
The new owner of VS 1 will remain anonymous for the time being, said the canton. When the car is officially registered with that plate the owner can themselves decide if they wish any publicity.
The auction continues with five new plates, including VS 12 and VS 103, on the platform vs.ch/autos
The amount raised from the Valais’ first ever licence plate auction will go into the canton’s public coffers.
Remember that, despite valuations and estimates, a private number plate is only worth as much as someone will pay for it. You may have loved your personalised number plate because it contains your initials, for example, but if there aren’t many other people with your initials, the plate’s value may be minimal. On the other hand, if you have a plate whose letters contain common or popular names, you may well find that it is in high demand on the market.
Some criteria to consider when valuing a personalised car number plate
Take into account the following criteria when trying to come up with a valuation for your private number plate. You need to look at them all together if you want a realistic price, so you can’t just pick and choose the factors that favour your number plate!
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