Another Successful License Plate Auction: 37K-222.22 Snatched by Wife for 1.395 Billion Dong

Compared to the initial winning bid of 810 million VND, the extravagant license plate, 37K-222.22, received a daring bid of 1.395 billion VND in the second auction, surpassing the first bid by 585 million VND.

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On November 2, 2023, the Vietnamese joint venture auction company held an auction for a total of 501 license plates. However, only 71 license plates were sold, accounting for just 14% of the total. This indicates that there are still many unsold license plates that are not considered attractive to buyers.

The low demand for these license plates was reflected in the relatively low prices they were sold for. However, amidst this, there was one license plate that stood out during the auction on November 2nd. It garnered attention due to its beauty, uniqueness, and the high price it fetched. A mysterious tycoon made a strong bid, and the license plate that caused such excitement was 37K.222.22, often referred to as the superstar license plate.

Another highlight of the auction was the re-auctioning of the license plate 37K-222.22. This VIP license plate originally from Nghe An province first went on auction on September 21, 2023. At that time, it received a highest bid of 810 million VND. Unfortunately, the winning bidder failed to fulfill their financial obligation and lost their 40 million VND deposit. As a result, the license plate was put up for auction again.

During the re-auction on November 2, 2023, there was intense bidding for the license plate 37K-222.22. The final bid reached 1.395 billion VND, surpassing the previous highest bid by a remarkable 585 million VND. This shows the strong demand and interest in this particular license plate.

According to our investigation, a wealthy license plate collector named Phong revealed that he was the second-highest bidder for the license plate 37K-222.22. However, what matters most is that his wife emerged as the winner of the auction.

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