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Man pays $3.7M for 55555 license plate

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Published: April 11, 2011 at 12:58 PM

MANAMA, Bahrain, April 11 (UPI) -- A Qatari man paid more than $3.7 million at a Bahrain auction for a car license plate bearing the number 55555.

The Arabic-language Al-Sharq newspaper said the man paid $3,761,570 to obtain the plate at the Manama auction, which began bidding at $1.1 million, Gulf News reported Monday.

The big sale, however, fell far short of the record for the most amount of money paid for a license plate. A businessman in the United Arab Emerates paid $14.3 million in a 2008 auction for an Abu Dhabi license plate bearing the number 1.

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