Since 1884, when the first car with a license plate appeared on the roads in British Columbia (Canada), license plates have become popular among collectors and all car enthusiasts. Those with fewer numbers on them were especially sought after, and fetch high prices. One such with the number “20” was recently sold in Australia for AUD 1.68 million.

This license plate was issued in Victoria (Australia), and is one of nine with a round two-digit number. However, this is not the most expensive Australian license plate because at the beginning of the year a license plate with the number “1” was sold for $8 million. It sounds incredible, but also crazy, that someone would pay so much money for something like this.

It’s not just license plates in Australia that are hitting big numbers. In other parts of the world, license plates are valued, especially those with a single-digit number, for which the owners are ready to pay over $10 million. Thus, an unnamed bidder at Emirates Auction LLC in April 2023 bought the license plate “Dubai “P7” for $15 million. It is currently the world’s priciest car license plate.

Source: Drive