All license plate numbers, of course, are controlled by the DMV. Only certain numbers (those less than 87,000) are available for the vintage black tag. As has been pointed out to me through comments to my earlier post, only one company is authorized to make the actual legal black tag. There are plenty of fake black tags around that may subject the driver to high crimes and misdemeanors for trying to fake their way into the upper class of driving society. I myself was recently busted for driving with a fake 4-digit tag. When I bought it (also from auction, for nearly six figures) I failed to notice several things that in hindsight, were a dead giveaway:
Notwithstanding this slight snafu, I have a chance to redeem myself because tag #6 is up for auction. Like the rest of the bidders, I must post $50,000 in cash or a cashiers check to show that I am serious. No problem. There isn't anything better I can spend my money on. Apparently tag #9 sold a few years back for $186,500. This one is projected to sell for between $500-750,000. One quote in the paper was from a Smyrna resident that said that "there are a lot of people out there with much more money than they have sense." Well, whoever said high social status was cheap? I will bring an extra $100k just to be sure that I win. After all, I just found out that I inherited millions of dollars from an unknown relative in Africa, so this is chump change.
So, if you're in it to win it and think you can outbid me, No. 6 goes on sale at 2 PM on Feb. 17 at the Rehoboth Beach Civic Center. Remember, nothing in Delaware says I am better than you like a low digit license plate. And this one is about as close as you can come to saying I am the best without doing any sort of public service.
With investments like this, who needs gold or other precious medals or even stocks with a steady rate of return? The greatest thing about the black tag, besides the fact that it doesn't pay dividends taxable by the IRS, is that you aren't even taxed on it until you sell it, and even then, it would only hurt you if you sell it for a gain. Without hyperbole, this tag is undoubtedly the greatest investment one can make as a Delawarean.
Of course, I've also heard rumors of other wealthy individuals who would rather spend their money on a giant five-story statue of a Frankenstein-type rock holding a car. I'll write about Dover Downs' plans for Miles the Monster and the six-story statue that I plan on erecting to compete with it later in the week.
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