VIP Number Plates Sell For Record Prices
Punjabis’ love for a cool car number plate is more than a million dollar luxury car. A resident of Punjab has bought an “AK47” car number plate for an unbelievable price. AK47, a selective fire, gas-operated assault rifle made in Russia has become one of the fanciest things in Punjab.
The vehicle registration series was auctioned in Mohali and a resident of Mohali bought a car registration number plate having “AK47” in it. The “AK47” containing number plate bought by the resident cost him so expensive that a common man could buy a decent car at that price. But, WELCOME TO PUNJAB!
“AK47” Car Number Plate Sold For Rs. 7,38,500 In Mohali
A resident of Mohali bought an “AK47” containing alpha-numerics during the auction. (PB 65 AK 0047) was auctioned for Rs. 7,38,500 making it the most expensive number plate beating the single-digit numbers.
“AK47” vehicle registration plate was bought by Randeep Singh, a resident of Mohali. The vehicle registration plate auctions were conducted by the office of local district transport officer and lasted for a week. The second expensive number plate after “AK47” was (PB 65 AK 0001) and was auctioned for Rs. 2.38 Lakh.
Punjab – The State Of Fancy Number Plates
Apart from “AK47” and “AK001”, some other fancy number plates like 0009, 0007 and 0005 were auctioned for Rs. 3.49 Lakh, Rs. 1.12 Lakh and Rs. 2.45 Lakh respectively. “786” (The respected number by Muslims) number plate was auctioned less than Rs. 1 Lakh. The fancy number plate prices in Mohali are much higher as compared to that in Chandigarh.
In the latest auction held in Chandigarh, the highest price was Rs. 3.61 Lakh for a 0005 number plate. After the 0005 number plate, the second expensive vehicle registration plate in the city beautiful was Rs. 2.2 Lakh for a 0001 number.
People of Punjab have an unconditional love and craze for weapons. The Punjab police officer said that other numbers like AK0056 and AK0074 were also auctioned in Mohali. AK56 and AK74 are also the famous rifles of the AK 47 category. It is almost impossible to match the lifestyle of the people of Punjab.
How close a series of letters or numbers are to a real name of word: if the match quality is high (and the numbers and letters are very convincing in making a popular word), the value of the registration plate will be higher. This means that a match like 5IMON, for the name Simon, will be worth a lot more than a more obscure set of letters and numbers that are not as convincing a match, such as S17 MMM for the name Sam.
The style of the plate: this means establishing if it is a new-style plate, an older-style format or if it is dateless or Irish, for instance. Other options are that it is a prefix-style plate or a suffix-style plate. New-style number plates, which have been produced since 2001, tend to be the least valuable because they are a bit less appealing to some collectors, plus the rule about not having plates that are newer than your car can also come into play, putting people off from buying a newer-style plate for their older car. Prefix-style number plates, which were in production between 1983 and 2001 can be more popular as more vehicles are entitled to have those licence numbers, and they may have fewer characters in total. Suffix-style plates, issued from 1963 to 1983 are relatively rare, which means they can attract higher prices than prefix-style plates and newer designs. Dateless number plates, also known as cherished number plates, were produced between 1903 and 1963 and are nearly always the most valuable number plate configurations; they have fewer digits and their dateless nature means that people can hide the age of their car. Irish number plates are similar to dateless number plates, especially because they don’t have a year identifier. They also tend to be cheaper than other types of vehicle registration plates.
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