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Private Number Plates Fetch Big Money

Private Number Plates Fetch Big Money

In the second day of the Driver and Vehicle Licensing Agency, DVLA, auction trade was brisk with some notable private number plates being sold. Inparticularly lot 1033, registration number 5 000, the reserve price for this number plate was set at £4000, within a few seconds the £10,000 mark was smashed. There were bidders in the auction room, on the Internet and on the telephone. The final dog fight was between a bidder in the hall and one on the telephone with hall snatching it with a hammer price of £17,700.

The day started with lot 545, private number plate 87 H achieving a modest hammer price of £7,600. Modest as maybe it was a significantly more that the £2,900 reserve price, set by the DVLA. Over the course of day 2 over 500 lots were offered for sale. Private number plates that failed to achieve their reserve price remain unsold.

The star of the DVLA auction of private number plates thus far however was Lot 1009 private number plate 12 O. This car registration number saw some frantic bidding before the gavel fell at a hammer price of £49,000. In addition to the hammer price, the buyer would have had to pay the auctioneer's premium at 7.5% + VAT, VAT, and £80 department of transport fee. The total cost for this private number plate was £63,290.

Platinum Plates Ltd are a privately owned company, DVLA is a registered trade mark of the Driver & Vehicle Licensing Agency, Platinum Plates LTD is in no way affiliated to the DVLA or DVLA Personalised Registrations or any other business. The company are DVLA registered number plate suppliers (RNPS). For your security we are Members of the Institute of Registration Agents & Dealers (MIRAD). The registration numbers available on this web site consist of our own stock, previously un issued government stock and commission sales on behalf of private & corporate clients. If it is your intention to mis represent a registration number we would rather you not purchase it, you can not use a private number plate to make a vehicle appear newer than it actually is.

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