Automobile

Rare ‘MM’ Vanity License Plate Costs a Cool $24.5 Million – MotorBiscuit

People get vanity license plates for a variety of reasons. This includes adding a personal touch to your car, showing your sense of identity, advertising a business, doing something to stand out from the crowd — and, as the name suggests, vanity. Occasionally, some people get a vanity license plate as an investment option. This is the case with a rare California license plate with the letters “MM” that’s on sale for a cool $24.5 million.

Vanity license plate for an NFT investment

‘MM’ Vanity License Plates | MMPlate

The”MM” vanity license plate is on sale as a non-fungible token (NFT) by the site MMPlate on the OpenSea NFT marketplace. If it sells for $24.5 million, it will be the most valuable license plate in the world. By combining two exclusive entities, NFTs and vanity license plates, the “MM” plate aims to create a double dose of rarity and value.

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