The world of license plate collecting just got a little more interesting. Recently, a 7-number license plate was sold at an auction in Dubai for a staggering $15 million most expensive number, setting a new world record. While the idea of spending that much money on a license plate may seem absurd to some, for collectors, it’s all about the unique value and rarity of the item.
The license plate in question was a single-digit plate, bearing the number “7”. This may seem like a simple and unremarkable number, but in the world of license plate collecting, single-digit plates are highly coveted and extremely rare. The number “7” is particularly special in the UAE, as it is associated with the country’s founding father, Sheikh Zayed bin Sultan Al Nahyan, who was the fifth ruler of Abu Dhabi. most expensive number
The buyer of the license plate has chosen to remain anonymous, but it is believed that they are a member of the UAE’s royal family. This is not the first time that a license plate has fetched a high price in Dubai. In fact, the city is known for its love of luxury cars and license plates, and it has become a hub for license plate collectors from around the world.
While $15 million may seem like an exorbitant amount of money to spend on a license plate, it’s important to remember that these plates are more than just a functional item for a car. For many collectors, they represent a piece of history, a symbol of status, and a unique piece of art. In fact, some license plates have been compared to pieces of fine art, with their intricate designs and limited availability.
License plate collecting is a hobby that has been around for many years, and it’s not just limited to the UAE. Collectors around the world are drawn to the unique value of license plates, and they are willing to pay large sums of money to add rare plates to their collections. Some collectors focus on plates with specific numbers or letters, while others collect plates from specific countries or regions.
In recent years, there has been a growing interest in license plate collecting, with prices for rare plates increasing all the time. In 2016, a license plate with the number “1” sold for $14 million in Abu Dhabi, setting a world record at the time. The fact that this record has now been broken just a few years later shows just how much interest there is in these rare and unique items.
While some may see license plate collecting as a frivolous hobby for the ultra-wealthy, it’s important to remember that collecting is about more than just the monetary value of an item. Collectors are drawn to these items because they are unique, rare, and represent a piece of history. Whether it’s a license plate, a piece of artwork, or a vintage car, collecting is about finding value in the things we love, and that’s something that can’t be measured in dollars and cents. most expensive number