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Thread: Vanity Plate Reading '1' Goes for $14M in Abu Dhabi

  1. 02-16-2008, 07:52 PM #1
    Baron
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    Vanity Plate Reading '1' Goes for $14M in Abu Dhabi

    FOXNEWS.COM HOME > WORLD

    Vanity Plate Reading '1' Goes for $14M in Abu Dhabi

    Saturday, February 16, 2008


    A license plate with nothing but the number "1" on it went for a record $14 million at a charity auction Saturday.

    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.

    The record sale surpassed the $6.8 million that was paid for an Emirati license plate at an earlier auction with the Western number 5 on it — also without Arabic numerals or letters.

    Proceeds from the auctions, which are held in a lavish hotel here, go to a rehabilitation center for victims of traffic accidents.

    On Saturday, 90 license plates were auctioned off in all, raising a total of $24 million. The previous five such events raised more than $50 million.
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  2. 02-16-2008, 08:08 PM #2
    sithot
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    Sheeeiiitttt Speedy, lookie what I had for $13,980,000.00 less!!!

    Bestest regards,

    Tom
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  3. 02-16-2008, 08:42 PM #3
    Mr9146
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    I assume the plate cost 20K and the truck was free...
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  4. 02-17-2008, 07:13 AM #4
    sithot
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    Quote Originally Posted by Mr9146
    I assume the plate cost 20K and the truck was free...
    Not quite.

    Best,

    Tom
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