A NUMBER plate sold to raise money for Tatton Park has fetched a world record price of £331,500 at auction.

The M1 registration mark was bought by an anonymous north west-based bidder – for his six-year-old son’s birthday.

Officials at auctioneers Bonhams and Tatton Park were stunned by the final selling price for the unique plate, which quickly reached and overtook the previous world record.

And they were even more amazed to learn that the owner is a boy who cannot legally drive for another 11 years.

The youngster is the son of a wealthy Cheshire businessman who refused to reveal himself and made his bids by phone.

The Motor Car Act 1903, which came into force on 1 January 1904, required all motor vehicles to be entered on an official vehicle register, and to carry number plates. The Act was passed in order that vehicles could be easily traced in the event of an accident or contravention of the law. Vehicle registration number plates in the UK are rectangular or square in shape, with the exact permitted dimensions of the plate and its lettering set down in law.

'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.

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.

It had been expected to sell for between £15,000 and £25,000 but the first Manx vehicle registration plate ever to be issued was eventually sold last week for £100,000. It is, says auctioneer Murray Keefe, a valuable piece of Manx history.

“It was the first Isle of Man number plate and people do like to have number 1. At the auction we had 4 telephone lines wanting to bid on the number plate and quite a few bidding in the room so I was not surprised it made so much money knowing that some of the plates in the United Kingdom make substantially more than that.

Potential investors in registration plates often consider private purchases, via newspaper ads, or classified ads from owners looking for a quick sale. However, this can be somewhat time consuming.

At the other end of the scale, when the time comes to get rid of your personalised registration plate there are numerous avenues to explore. Many sought-after registration plates have been known to sell for thousands of pounds. As long as your registration plate has retail or sentimental value to others, it is quite possible that you can make a profit on your initial investment.

Potential investors in registration plates often consider private purchases, via newspaper ads, or classified ads from owners looking for a quick sale. However, this can be somewhat time consuming.

At the other end of the scale, when the time comes to get rid of your personalised registration plate there are numerous avenues to explore. Many sought-after registration plates have been known to sell for thousands of pounds. As long as your registration plate has retail or sentimental value to others, it is quite possible that you can make a profit on your initial investment.

http://www.image-reg.com