In the latest DVLA personalised registration mark and private number plate auction that took place last week, yet again had great results and exceeded expectations on certain numbers in the auction. Several of the number plates for sale in the auction seemed to fetch a lot more than the estimated reserve price. One lot in the auction had a reserve of £450 and sold for £7,500.
It would also seem that it is becoming more and more popular to bid over the telephone and internet, rather than attending the auction itself, therefore the reserve prices have already been exceeded before the plate goes under the hammer.
However on the other hand there were quite a few number plates that did not make the reserve price and so were not sold.