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Reading: Sindh Excise Department’s Premium License Plate Auction Fetches Record Prices
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Sindh Premium Number Plates
PhotoNews Pakistan > Sindh > Sindh Excise Department’s Premium License Plate Auction Fetches Record Prices
Sindh

Sindh Excise Department’s Premium License Plate Auction Fetches Record Prices

Web Desk
By Web Desk Published June 30, 2024 2 Min Read
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Senior Provincial Minister Sharjeel Inam Memon presents the premium license plate to the winner of plate number 1. Photo Credits: @sindhinfodepart (X)
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The Sindh Excise Department hosted a landmark auction, selling premium license Plates for unprecedented amounts.

The auction, which included notable figures such as Senior Provincial Minister Sharjeel Inam Memon and other dignitaries, marked a first in Pakistan’s history for such an event. The most coveted item, the number “1” license plate, fetched a staggering 100 million PKR.

Premium number plates serve as a valuable investment opportunity. The successful bidder in the auction can resell the plate, Sindh Senior Minister @sharjeelinam pic.twitter.com/LAO6wF5Pb2

— Sindh Information Department (@sindhinfodepart) June 29, 2024

The premium license plates auction featured plates categorized into platinum, gold, and silver groups, reflecting their exclusivity and value. Plates with single digits fell into the platinum category, commanding the highest prices, with the number “2” plate selling for 37 million PKR and the number “786” fetching 26.5 million PKR. The gold category included three-digit numbers, and the silver category covered four, appealing to various collectors and philanthropists.

محکمہ ایکسائز کی جانب سے پریمیم نمبر پلیٹ (A 1) 10 کروڑ روپے میں نیلام

شہری مزمل کریم نےنمبر پلیٹ (A1) دس کروڑ روپے کی بولی لگا کر خرید لی

سینیئر وزیر سندھ شرجیل انعام میمن نے مزمل کریم کو پلیٹ کی ملکیت کا سرٹیفکیٹ دیا@sharjeelinam pic.twitter.com/ma391uZlcQ

— Sindh Information Department (@sindhinfodepart) June 30, 2024

Read: Sindh Introduces Premium Vehicle Number Plates, Offering Unique Identity and Style

The event highlighted the high demand for unique premium license plates and served a charitable cause. The organizers announced that the proceeds from the auction would go towards rebuilding homes for flood victims, integrating community support with the prestige of the auction. This initiative sets a precedent for future auctions and adds a philanthropic layer to acquiring these prestigious items.

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