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Licence plate auctions generate CHF 3m

National News // By Tay Kinnear // Oct. 23, 2018

Again, it seems many people have more money than sense.

Pixabay Licence plate auctions generate CHF 3m

Canton Zurich says it’s raised more than CHF 3m this year from auctioning low numbered licence plates.

On an average year, it can make CHF 2.5m.

The highest value plate sold this year was ZH 987. That sold for CHF 150,000.

Another plate numbered 866 sold for over CHF 36,000. The buyer says he wanted that number as his daughter was born on an 8th and 6 is his lucky number.

As a general rule, the lower the number the higher the price. But the only plates for sale are three digits. The canton doesn’t expect double or single-digit numbers to come up for sale in the near future. 

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