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Qatar Car Plate 394 Sold For Over $ 219,400 In Auction

By
M Ashraf Siddiqui
24/12/2016
in

Doha
21 Dec 2016

Collectors and Car Plate lovers got opportunity to have their dream car plate numbers at the Second Car Plate numbers at the Second auctioned held recently at Katara Cultural Foundation.

Organised by Qatar based AlBahie Auction House, first ever international auction house in the Middle East had 37 number plates to offer in auction of their Second Car Plate numbers, total nine (09) including one commercial vehicle with its plate were sold out for a total amount of QAR 2.30 million.

Car Plate No. 394 fetched QAR 800,000 (US$ 219,400.00) followed by Plate No. 113333 for QAR 600,000 and third highest bid was for Car Plate No. 6766 in QAR 525,000.

Bidders were mix both collectors and investors in vehicle car plate numbers.

There are couple platforms in Qatar selling fancy car numbers including Ministry of Interior, On-line and at the Katara Cultural Village Foundation base Albahie Auction House (Building 22).

Edward Rising, Auctioneer from London was flown specially to conduct this event by the Katara Cultural Village based Auction House.

Speaking on the occasion, Nabil Abu Issa, Chairman Abu Issa Holding, Blue Salon fame and promoters of 'Albahie Auction House' said on the occasion "We are very satisfied with the turnout of bidders despite the fact that the auction was basically meant for local buyers and was for the Qatari number plates," said Nabil Abu Issa,

Nabil Abu Issa said that Albahie Auction House is first International auction house in the Middle East and it was only second auction arranged by the auction house for Car Plate numbers. AbuIssa Holding is the promoter of the AlBahie Auction House, which is first of its kind in Qatar and holds auction for collectible items for local and international buyers.

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