Auto patent auctioned for $ 10 million

A patent has been sold for a record amount: 38 million dirhams, the equivalent of $ 10 million. It was as part of a charity auction in Dubai, United Arab Emirates, according to Gulf News.

Reading this news, what we all wonder is why someone would pay $ 10 million for a particular patent. And the answer, besides because you have the money to do it, is simpler than it seems: by exclusivity. It is AA9 license plate, which has a single digit and makes it a very special digit.

Plate buyer did not want to be identified publicly, but I anonymously send a message of thanks to the authorities through the media for letting him be part of this charity program. “I just want to thank His Highness, UAE Prime Minister Mohamed bin Rashid al Maktoum for organizing this charity program,” he said.

// He was the best car salesman in his business, but they discovered an illegal stunt and could face twenty years in prison.

Also participate in the auction three two-digit number plates: U31, T38 and E51, although they were sold for a lower amount. And they also finished five exclusive mobile numbers: 056999999, 0569999993, 0549999993, 0565555556 and 0545555558.

The proceeds will be used to provide food packages to underprivileged individuals and families in 30 countries during Ramadan. Participants in the auction include various philanthropists, prominent personalities and entrepreneurs. Two donors also set up a total of 550,000 dirhams before the start of the auction..

The AA9 patent is so unique because in Dubai they can have up to five numbers. So much so that in 2016 a businessman paid nearly nine million dollars for number 5. And two years earlier, they had invested $ 6.7 million for number 9.

// He bought a 0 km Ferrari and at six o’clock he destroyed it in an accident

Exclusive license plates are a very valuable item in countries where they can be personalized or purchased. In Argentina, this does not happen: when a 0 km is purchased, a patent is attached to it and it will stay with it throughout its useful life. With some strange exceptions (car manufacturers have plates that they can use in their cars during the testing phase), patents in Argentina cannot be changed.

In some countries there are prohibited license plates. For example, in Brazil, the GAY-2424 registration has been eliminated. In Germany, the SS and the KZ, suits that refer to Nazi security forces and concentration camps.