'Lucky' number plate with just the letter 'R' flogged for whopping £2.6million

dailystar.co.uk:

number plate with just the letter “R” was flogged at auction for a staggering £2.6million.The plate was one of 49 up for auction at the annual Lunar New Year auction held by Hong Kong’s Transport Department.The plate was auctioned for twice as much money as expected because the letter “R” is associated with racing cars and is also a lucky character in Chinese fortune telling.READ MORE: 'Worst place to live in the UK' where parents don't let their daughters out at nightMore than a dozen bidders tried their luck out in getting the plate, which was originally listed for the equivalent of £525 (HK$5,000), but after 60 rounds of bidding, an unnamed woman paid the hefty sum of money for it.The Sun reports that she did not respond to media inquiries when she left the auction hall at the Convention and Exhibition Centre in Wan Chai, Hong Kong.It is understood that her new plate is the second most expensive to ever be sold in the city, coming close to the £2.7m sale of a plate with just the letter “W” on it in 2021.Her new plate was by far the most expensive sold on the day, with the second most expensive plate, with only the number “292” on it, selling for just £8,900.Competition for all 49 plates being sold across the day was fierce, according to bidders in the exhibition centre.One bidder, Ngan, an owner of registration number supplier Lucky Number Centre, said he was not surprised by the R plate fetching such a large amount of money.He said: "It's hard to estimate how much billionaires are willing to pay for a car plate.

It would not surprise me if one were to be sold for HK$50 million in the future.”He added that Hong Kong’s elite see car plates as an investment and single-letter or single-number plates were highly prized by.