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Message: <blockquote data-quote="Banks PLK" data-source="post: 12023573" data-attributes="member: 279320">British 'Abu Dhabi' number plate 'could fetch Dh1.7m'<img src="http://www.7days.ae/sites/default/files/imagecache/400xY/NumberPlate.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" />A private auction to sell a British number plate spelling out "Abu  Dhabi" has kick-started a fierce bidding war between several "big names"  from the UAE.The registration number, AB11 DHB, was originally bought for about  £400 (Dh2,300) and could now possibly fetch more than Dh1.7 million,  according to MIK Legal Consulting, the Dubai company handling the  auction.M I Khan, head of the company, said he was "not  surprised" at how the sale was going. "Abu Dhabi motoring enthusiasts  are the most passionate in the world," he said.He said the reserve price of £25,000 was crossed within a few hours.He  dispelled suggestions Sheikh Mansour bin Zayed, the Minister of  Presidential Affairs and Deputy Prime Minister, was among the seven  bidders, saying only the bidders were "private enthusiasts" with "some  big names involved"."There is a little bit of speculation that  two of the current bidders are trying to purchase this plate with the  plan to gift it to his highness," he said.The plate's current  owner bought it from the UK's Driver and Vehicle Licensing Agency with  the intention of a "big sale", according to Mr Khan.Paolo  Rossetti, a UAE car expert, said while spending so much on a number  plate might seem a "narcissistic folly", it "actually translates into a  smart business decision"."If the UAE-based VIP number plate  auctions are any guide, the winning bidder can expect the value to  appreciate over the next few years," he said.The sale will close on February 19.The spokesman added: “AB11 DHB is the only variation which can spell out  Abu Dhabi, which makes it very much in demand.” The spokesman would not  divulge who is bidding for the plate, but did say two of the wealthy  would-be purchasers want to buy it as a gift for HH Sheikh Mansour bin  Zayed Al Nahyan, the owner of Manchester City Football Club.</blockquote>

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