F1 & 1 F number plates ===
Discussion
F1 and 1 F - The Auction
Two of the most highly sought and long-awaited number plates, F 1 and 1 F finally came onto the open market on Friday, 24th June 2005. They were being auctioned on behalf of Essex County Council by Bonhams at the Goodwood Festival of Speed, near Chichester, West Sussex.
Just before the plates were due to be auctioned the marquee holding the event filled, creating a real buzz of excitement throughout the expectant onlookers. First up was 1 F, generally regarded as the lesser of the two, but none the less a highly desirable registration. The bidding opened at a modest £10k and initially went up £1000 at a time, then the phone bids started to come in and the bids went up £5k and then £10k a time. Heads were turning to see who the bidders were in the room and the speculative chatter became louder and louder. The hammer finally went down at £130,000 to an anonymous telephone bidder, followed by a round of applause.
Then came F 1, the one most people felt would be bought by Bernie Eccleston, the head of Formula 1. The bidding opened at £30k and rose quite sharply £10k at a time. Again heads were turning frantically scouring the room to see just who was discreetly raising their bidding card. It wasn't until the in-house bids exceeded £100k that the telephone bids came into the equation. There were quite a few "ooh's" and "aah's" as each bid was announced by the auctioneer. It didn't take long before the final three nods came from those taking the phone bids - £150k, £160k and finally £170k. The hammer fell, this time to an even louder round of applause. Quite why I'm not sure, as the winning bid, yet again, went to an anonymous telephone bidder. It was all over in minutes and the sellers, Essex County Council, became £300,000 better off - less commission of course.
Two of the most highly sought and long-awaited number plates, F 1 and 1 F finally came onto the open market on Friday, 24th June 2005. They were being auctioned on behalf of Essex County Council by Bonhams at the Goodwood Festival of Speed, near Chichester, West Sussex.
Just before the plates were due to be auctioned the marquee holding the event filled, creating a real buzz of excitement throughout the expectant onlookers. First up was 1 F, generally regarded as the lesser of the two, but none the less a highly desirable registration. The bidding opened at a modest £10k and initially went up £1000 at a time, then the phone bids started to come in and the bids went up £5k and then £10k a time. Heads were turning to see who the bidders were in the room and the speculative chatter became louder and louder. The hammer finally went down at £130,000 to an anonymous telephone bidder, followed by a round of applause.
Then came F 1, the one most people felt would be bought by Bernie Eccleston, the head of Formula 1. The bidding opened at £30k and rose quite sharply £10k at a time. Again heads were turning frantically scouring the room to see just who was discreetly raising their bidding card. It wasn't until the in-house bids exceeded £100k that the telephone bids came into the equation. There were quite a few "ooh's" and "aah's" as each bid was announced by the auctioneer. It didn't take long before the final three nods came from those taking the phone bids - £150k, £160k and finally £170k. The hammer fell, this time to an even louder round of applause. Quite why I'm not sure, as the winning bid, yet again, went to an anonymous telephone bidder. It was all over in minutes and the sellers, Essex County Council, became £300,000 better off - less commission of course.
Probably because here, in Spain, the plates cannot be personalyzed and you have to keep what you're given, I can't understand those prices. In fact, I can't even think of a reason to pay 200K pounds for a tiny tin sheet with no artistic value.
Could anyone explain me the motivations behind those acquisitions? Is it like a way to 'tune up' your car without rice-type wings?
Could anyone explain me the motivations behind those acquisitions? Is it like a way to 'tune up' your car without rice-type wings?
I personally don't place any value in it, but I can see the attraction and I don't judge people who do indulge in personalised plates. It's just another means of visual customisation, similar to buying a set of wheels or painting your car a different colour.
Of course the people who'd pay £170k for a plate are the people who have millions as pocket change, so what the heck I guess.
Of course the people who'd pay £170k for a plate are the people who have millions as pocket change, so what the heck I guess.
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