'1' license plate fetches $14 millionStory
02-17-2008, 12:20 PM
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'1' license plate fetches $14 millionStory
These guys are nuts, but I am sure it is a drop in the bucket for them.
'1' license plate fetches $14 millionStory
United Arab Emirates began holding auctions of vanity car plates last May
Auction of 90 vanity plates collects $24 million for charity in UAE
Proceeds go to rehabilitation center for victims of traffic accidents
ABU DHABI, United Arab Emirates (AP) -- A license plate with nothing but the number "1" on it went for a record $14 million at a charity auction Saturday.
The coveted license plate sits in a display case before the start of a charity auction Saturday in Abu Dhabi.
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.
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.
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. E-mail to a friend
'1' license plate fetches $14 millionStory
United Arab Emirates began holding auctions of vanity car plates last May
Auction of 90 vanity plates collects $24 million for charity in UAE
Proceeds go to rehabilitation center for victims of traffic accidents
ABU DHABI, United Arab Emirates (AP) -- A license plate with nothing but the number "1" on it went for a record $14 million at a charity auction Saturday.
The coveted license plate sits in a display case before the start of a charity auction Saturday in Abu Dhabi.
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.
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.
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. E-mail to a friend
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For I know the plans I have for you," declares the LORD, "plans to prosper you and not to harm you, plans to give you hope and a future. Then you will call upon me and come and pray to me, and I will listen to you. You will seek me and find me when you seek me with all your heart.
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