Reg Plate Auction – Day 3 News – £63,500 for 1 OOO

The third day of the DVLA cherished number plate auction is underway with a bang!

the registration plate 1 OOO has been sold to a telephone bidder for the sum of £63,500 hammer price!

2010 Car Number Plates

We’re now just over a month away from the introduction of the 2010 number plate on all new cars hitting the road after the beginning of March.

While the excitement surrounding the introduction of new number plates may go over some people’s heads, during the past few years a real demand has grown for personalised plates, with some selling for an absolute fortune at auction.

Music legend Elton John’s former number plate ELT 70N recently went up for auction for just under £1,000, but that’s nothing compared to the £113,815 one crazy person (in the nicest sense) shelled out on a 1 HRH number plate auctioned by the DVLA at the beginning of 2009. And even that has some way to go to surpass £254,000 paid to take ownership of the 51 NGH plate.

Even in the early days, people recognised the significance and enjoyment brought by owning a prestigious or personalised number plate and often kept them within the family for many years. Their significance is often highly personalised to their owners. Some like to have a registration that originated in their local area, some are attracted to owning their own initials and others enjoy the fun of a word based registration mark.

Since their humble begining in 1903, cherished numbers have continued to increase in popularity often adding the finishing touch to our prized posessions and very often prove to be a valuable investment.

Within the UK itself there are currently two numbering and registration systems: one for Great Britain, which is administered by the Driver and Vehicle Licensing Agency (DVLA), and one for Northern Ireland, administered by the Driver & Vehicle Agency (DVA): both have equal status.

Overseas territories

Some of the British overseas territories, including Gibraltar and the Falkland Islands, use similar number plates to the UK, with the same colours and typeface.

'The 1 CUE cherished Number offers a unique chance to show the world you are at the top of your game' Bruno Morris of Image registrations told us.

Cherished numbers are a great investment and now is the perfect time to start your collection.

Acrylic Number Plates

Acrylic number plates sigify the registration mark of a vehicle.

They can be made of different materials, but more commonly seen are metals and acrylics. But as to how the standard specifications on the use, make and display guidelines of number plates are, it would vary with every city and country. There are some who would prefer to have their number plates more personalized. As long as how it is obtained abides with the regulations, such is possible. In fact, motorists of today are starting to appreciate better the value of vanity plates.

Eric Morecambes Cherished Number Rescued!

Eric Morecambe’s 1971 Rolls-Royce Silver Shadow has been spared from the scrapheap at the last minute.

Peter Yates, who runs a wedding car firm in Morecambe, spotted the car in a Shrewsbury junkyard just 24 hours before it was due to be dismantled.

He said finding the car – which had the number plate EM100 when Morecambe owned it – was a ‘miracle’.

The car was owned by the comic from 1971 and 1974 – as shown by the original order note – and Yates says it still smells of cigar smoke.

How the car came to be in a scrapheap is unknown. Seven years ago the car, including the personalised number plate, sold for £36,000 at auction.

As popularity grows, the prices reached for the most expensive plates are always increasing. As of 2008, the record price for a number plate is £397,500 paid at auction in September by an anonymous buyer for the plate S 1. This was originally owned by Sir John H A MacDonald, the Lord Kingsburgh and was Edinburgh's first ever number plate. Car design entrepreneur Afzal Kahn paid £375,000 on 25 January 2008 for F 1 previously owned and sold by Essex County Council and affixed originally in 1904 to the Panhard et Levassor of the then County Surveyor. £330,000 was spent on M 1, sold at auction in Goodwood on 7 June 2006.

Located in the heart of East Yorkshire, Image Registrations offer a fast, friendly and efficient service for buying and selling cherished vehicle registration numbers. Our team of trained staff will professionally handle your transfer as swiftly as possible, with some transfers taking just 24 hours from receipt of documentation. We offer advice without technical 'jargon', and are always competitive on price. Our valuations department can give you an accurate market value on your registration number by post or by e-mail. Del Stanley
As well as having an internet presence, we also regularly advertise in many of the 'National' publications where we offer a selection of registrations owned by us for sale.

The UK’s most expensive number plate to date is the F1 registration number purchased by a British businessman for £440,625 in 2008, though that’s just small change compared to the £7m spent by Abu Dhabi-based Saeed Khouri on the 1 number plate – officially the largest sum of money ever spent on a registration number.

For your protection and to ensure a fair and professional service, we are members of The Institute of Registration Agents and Dealers (MIRAD).

Our office can be contacted by email or by telephone on 01482 628 628 or by pOst to Image Registration Marks, PO Box 123, Hessle, HU13 0YJ.