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Rare Single-letter ‘S’ Number Plate, Associated With Superman, Sells For $2Million In Auction
Rare single-letter ‘S’ number plate, associated with DC Comics’ iconic Superman character, sells for $2. million in auction.
The ‘S’ plate was sold during an annual event held by Hong Kong’s transport department on 16th February.
During a bidding war, another number plate, which had the number “88” on it, went for $1.16million.
The price paid for the number 8 (associated with “fortune” in Chinese) was the second-highest of the day.
A rare number plate featuring just the letter ‘S’ fetched HK$14.2 million (US $2 million) during an annual event held by Hong Kong’s transport department on 16th February to mark Lunar New Year.
Bidding of the rare registration plate opened at HK$5,000 (just over $700), but the price soon jumped to the eventual price of HK$14.2 million – the highest price among all plates sold at the auction.
According to Hong Kong-based insurance broker Automate Wealth Management (AWM), the ‘S’ number plate fetched so much due to its association with the DC character Superman, who wears the logo on his chest.
During a bidding war that lasted about 13 minutes, another number plate, which had the number “88” on it, went for HK$11.4million ($1.16million). The price paid for the number 8 (associated with “fortune” in Chinese) was the second-highest of the day.
Ahead of the auction, the firm told the South China Morning Post that it expected the highly sought-after ‘S’ number plate to sell for HK$10million while the 88 had been expected to sell for HK$8million.
South China Morning Post notes that the ‘S’ and “88” number plates plates were among 49 up for grabs at an annual Lunar New Year auction held by the Transport Department on Sunday.
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