Buying Cherished Number Plates at Auction

by Administrator on April 20, 2010

Following the recent DVLA auction of the cherished number plate “1 OOO” for a whopping £80,000 blasting its £8,000 reserve out of the water, the ‘O’ series looks set to storm the private registration world. The “1 O” plate was the first of the triple O series to be auctioned and with its staggering result, the follow-up auctions of the rest of its OOO family look set to follow soon.

The purchaser of the unique “1 OOO” number plate described his purchase as a valuable investment and believes in the right market it could be worth far more than the £80,000 he found himself coughing up. Other high profit makers included the registrations “1 LFD” and “1 TEO” both costing their buyers a hefty £20,000 each.

The number plate “2 OOO” is set to make its mark at the next auction on Wednesday 24th  March 2010 at Manchester United’s football ground, Old Trafford. However, DVLA spokespeople have hinted that the selling of this unique number plate could be shadowed by the elusive sale of the number plate “9 O”. Its fellow family members, “1 O” through to “6 O” have already been sold for considerable amounts.

The potential for private registration numbers to fetch large sums is quite evident here and they can make invaluable investments for many people. However, your very own cherished number plate doesn’t have to cost you a small fortune and can still have exactly the same personal effect as some of the more costly ones. That’s why Platinum Plates offer you the best service in private number plates with a service extending over 10 years from 1998.

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