Lately, inventive car license plates, corresponding to “1MAG1NE”, “OK LA” and “TAX1”, are a standard sight in Hong Kong, and we have now our Transport Division (TD) to thank for this comparatively new phenomenon. Since TD launched the Customized Automobile Registration Marks Scheme (PVRM Scheme) in 2006, auctions have been held each January, Could, and September – the place PVRMs in addition to extra conventional license plate numbers go to the best bidders.
Many native magnates and celebrities wish to personalize their automobiles with a PVRM. Following the scheme’s launch greater than 15 years in the past, many license plate mixtures have been auctioned off for costs which might be nothing in need of breathtaking. Right now we are going to take inventory of the most costly license plate mixtures in Hong Kong.
The costliest license plate mixtures in Hong Kong
In response to the TD, the most costly license plate mixture ever in Hong Kong is the “W” license plate, which went to a person for a hefty HKD $26 million on the 2021 Chinese language New 12 months license plate public sale – greater than 5,000 instances the reserve worth of HKD $5,000. In second place is the “28” plate quantity that was auctioned in 2016. Holding on to 3rd place is the “18” plate quantity, which was gained by Cheung Ching Kwong, aka the “God of Shares from Stanley”, in 2008.
|
License plate mixture
|
Closing public sale worth (in HKD) |
|
W
|
$26 million
|
|
28
|
$18.1 million |
|
18
|
$16.5 million |
|
V
|
$13 million
|
|
9
|
$13 million
|
|
2
|
$9.5 million
|
|
VV
|
$9.3 million
|
So who holds the plate numbers from 1 to 10?
| Plate quantity | Holder |
| 1 | Commissioner of Police |
| 2 | Initially reserved for the Monetary Secretary, it was acquired by businessman Wong Ming Hung for HKD $9.5 million in 1993 |
| 3 | Acquired by actual property businessman Cheng Kung See for HKD $1.03 million in 1983 |
| 4 | Acquired by Cecil Chao Sze-Tsung, Chairman of Cheuk Nang (Holdings) Restricted, for HKD $147,000 in 1978 |
| 5 | Acquired by Joseph Lau Luen-Hung, former chairman of Chinese language Estates Group, for HKD $2.5 million in 1993 |
| 6 | Acquired by Sir Run Run Shaw aka “Uncle 6”, late former chairman of Tv Broadcasts Restricted, in 1978 for HKD $330,000 |
| 7 | Heng Ji Kau, aka the “King of Inventory Hypothesis”, gained the bid for HKD $4.8 million in 1989; after Heng’s passing, the license quantity is now held by his daughter-in-law Leung Yee Lai |
| 8 | Acquired by Bossini founder Legislation Ding Bon in 1988 for HKD $5 million |
| 9 | Acquired by Albert Yeung Sau-Shing, Chairman of Emperor Group, for HKD $13 million in 1994 |
| 10 | Acquired by famend accountant Yung Wing Dou for HKD $206,000 in 1977 |
Fast abstract of PVRM laws
Underneath the laws of the TD, a PVRM should:
(1) Consists of not more than 8 English letters, numbers, and/or areas
(2) Adjust to the fundamental laws referring to mixtures
You might enter your required license plate mixture through the PVRM portal to see if it complies with the laws.
In case your software is profitable, you’ll be able to pay a HKD $5,000 deposit to attend the public sale. If there are not any competing bids to your dream license mixture, it is going to be allotted to you for a particular price of HKD $5,000 (the deposit of HKD $5,000 paid on the time of software will likely be handled as cost for the particular price). Then again, if you’re outbid on the public sale, the Treasury will ship a deposit refund cheque to you by mail inside 8 weeks.
