654,000 dollar plate

[EricInTheHouse]

Ok I'm not a downer towards people that have mega money and I respect that they go out and do the things they want , go for their dreams, have money to show for it.

However.... sometimes those same people really freakin irk me..:cuss:
I am watching goodmorning America here right now, and they had a story about how the state of Delaware issues license plates with low digit numbers.
They are famous I gues and some of the older(single digit plates) sell at auction for like 3 grand or whatever.....well....umm k.

Someone got ahold of an old plate with the number 6 on it....just the number 6 meaning it is the 6th plate of this style ever issued(highly prized for collectors) It went up for auction not long ago and was sold for 654,000 dollars!!!! :nervous: :cuss: :crazy:

Did you get that?.....654 THOUSAND DOLLARS! almost a freakin million!!

654 THOUSAND!!! IT"S A FREAKIN LICENSE PLATE!!!!!!!!!!!!!!!!:cuss: :cuss: DAMN RICh PEOPLE!!!

THEY SHOULD BE SLAPPED IN THE HEAD FFS!

 

[EricInTheHouse]

Oh and with the amount of people suffering in America... that money should of been used for them..pffftttt a license plate that the buyer will set on a shelf, and never look at it..

All in the name of bragging rights "I'm richer than you" staus..pffftttt....

 

[joekerr31]

just goes to show you don't have to be smart to be rich.

cuz anyone who would pay more than 20 bucks for a license plate is a total f*cking moron, no matter how much money you have.

its a piece of mental with a number on it - IT'S WORTH NOTHING.

 

[EricInTheHouse]

just goes to show you don't have to be smart to be rich.

cuz anyone who would pay more than 20 bucks for a license plate is a total f*cking moron, no matter how much money you have.

its a piece of mental with a number on it - IT'S WORTH NOTHING.

Well I have respect to those people that can afford to do that, and they actually work hard(most of them) , but dang...they could of bought 100 honda civics for people that really need a car, got someone without insurance an electirc wheelchair, helped animals, put kids in college.... buy a home for a homeless person...

If I had money like that, sure I would buy a ferrari and awesome stuff, but a over half million dollar license plate?......OH HELL NO! I would take that money that obviously I cared nothing for, and help people that could REALLY REALLY use some raw cash..

Wouldn't you feel great about yourself knowing that you changed the route of people's lives?.... that to me is worth a hell of a lot more than a damn license plate

 

[SmoothTalker]

Well to be fair, it is a collectors item. They haven't really wasted money, just invested it, as no doubt it could be resold in the future for a similar amount.

Better than the people that blow almost that much on coke.

 

[joekerr31]

Well to be fair, it is a collectors item. They haven't really wasted money, just invested it, as no doubt it could be resold in the future for a similar amount.

Better than the people that blow almost that much on coke.

as long as there are multiple stupid rich people willing to pay each other half a million bucks for a license plate, i guess its an 'investment'.

it just boggles my mind that there are people willing to pay more than 20 bucks for a license plate.

i mean, comic books, dolls, etc. - i can understand those 'collectibles' because those items represent a certain era, spawned an industry and are a link to the origin of that industry, entail a degree of artistry, etc.

but a f*cking license plate? i mean, come on.

i wonder how much a condom that was on Elivs Presley's d*ck would go for?

 

[Deep Dish]

EricInTheHouse:
$654,000.00! It's a freaking license plate! Damn rich people! They should be slapped in the head FFS!

Joekerr31:
Just goes to show you don't have to be smart to be rich. Anyone who would pay more than $20.00 for a license plate is a total f*cking moron, no matter how much money you have. It’s a piece of mental with a number on it - IT’S WORTH NOTHING.

Oh contraire. Your spiteful hatred blinds you from the fact you misunderstand the affluent wealthy.

For a multi-millionaire to purchase a $654,000 license plate is about comparable, let’s say, to you buying a computer, in terms of relativity to yearly net income. Even further, for the super wealthy, like Bill Gates, about comparable to you buying a cheeseburger at Burger King. The caveat however is the items in your lifestyle decrease in monetary value as your ownership ages, but the lifestyle of the wealthy generally accrues in value. So, the $654,000 license plate may in a few years be worth, let’s say, $850,000. It’s a gamble but the gamble often pays off and is exactly why the rich invest in rare paintings, etc.

EricInTheHouse:
But dang, they could have bought 100 honda civics for people that really need a car, helped someone without insurance buy an electric wheelchair, helped shelters for injured wild animals, financed scholarships, bought a home for a homeless person.

Before I get to my point, the first and last examples were actually really bad examples. If you cannot afford to buy a car, you probably cannot afford to maintain a car. The homeless dude would shortly be back onto the streets because he couldn’t afford the peripheral expenses of utility bills, homeowners insurance, property tax. (P.S. Last I checked, you don’t need insurance to buy an electric wheelchair.)

To my point, the acquisition of excessive wealth, beyond one’s necessities, is not really about the money but the social influence it acquires. People will listen to your ideas more than they ever would if you were just another guy and you can bring about positive change, on a much grander scale, like saving a rainforest, but such influence only comes about with equally grand dough. This is the non-cynical perspective to “Money is power.” However, the repercussions of your model is restricting oneself to a sphere of limited influence.

 

[Munson]

just goes to show you don't have to be smart to be rich.

cuz anyone who would pay more than 20 bucks for a license plate is a total f*cking moron, no matter how much money you have.

its a piece of mental with a number on it - IT'S WORTH NOTHING.

My dad collects license plates and he's not even close to being a moron and super rich. He happens to collect 1953 license plates from around the world. It's something he's pasionate about and travels all over the world collecting them. I've been to a couple of license plate conventions with him and I've meet people just like him that enjoy collecting license plates. Yeah, they are freaks about collecting license plates but you could say that about anyone that is passionate in something. There is no need to be judgmental. To each his own.

http://www.alpca.org/

 

[joekerr31]

haha - hey, if you guys wanna pretend that paying half a mil for a piece of tin makes sense, have at it.

i dont care if you have 70 billion dollars, its idiotic.

it makes about as much sense as paying half a million dollars for a tooth pick.

 

[EricInTheHouse]

Oh contraire. Your spiteful hatred blinds you from the fact you misunderstand the affluent wealthy.

For a multi-millionaire to purchase a $654,000 license plate is about comparable, let’s say, to you buying a computer, in terms of relativity to yearly net income. Even further, for the super wealthy, like Bill Gates, about comparable to you buying a cheeseburger at Burger King. The caveat however is the items in your lifestyle decrease in monetary value as your ownership ages, but the lifestyle of the wealthy generally accrues in value. So, the $654,000 license plate may in a few years be worth, let’s say, $850,000. It’s a gamble but the gamble often pays off and is exactly why the rich invest in rare paintings, etc.Before I get to my point, the first and last examples were actually really bad examples. If you cannot afford to buy a car, you probably cannot afford to maintain a car. The homeless dude would shortly be back onto the streets because he couldn’t afford the peripheral expenses of utility bills, homeowners insurance, property tax. (P.S. Last I checked, you don’t need insurance to buy an electric wheelchair.)

To my point, the acquisition of excessive wealth, beyond one’s necessities, is not really about the money but the social influence it acquires. People will listen to your ideas more than they ever would if you were just another guy and you can bring about positive change, on a much grander scale, like saving a rainforest, but such influence only comes about with equally grand dough. This is the non-cynical perspective to “Money is power.” However, the repercussions of your model is restricting oneself to a sphere of limited influence.

You know what?... You're completly right.... I read this a couple of times and I can see now that this is how these rich people get rich in the first place.. they take risk and invest in whatever is worth money..

The guy who boght the plate could give a crap that it is on of the first of it's type, but he's more intrested in the profit it will bring him . I can see this, because I actually have a collection of vintage radio control cars from the 80's stillin the box unassembled... I was offered 400 dollars for my NIB Kyosho Turbo Raider issued in 1986.. I got from EBAY about 8 years ago for 150 dollars..

That's how they get rich I suppose...start small invest small, and someday you'll be able to "invest" in half million dollar license plates..

You're actually right... thanks for opening my eyes.

 

[2.0]

Who are we to judge? I buy frivolous things and I'm sure you do too. Everyone does. I don't need a car to get around. I don't need a TV to watch. I don't need a cell phone or iPod. I could live off of much cheaper food than I do. I don't need to go on vacations. I could live in a much smaller house. But why should I? It's my money and I have the right to spend it however I want. If I want that license plate and have the money for it, who's to judge me for purchasing it?

 

[EricInTheHouse]

but but but.... he could of bought 600,000 cases of beers!...........

 

[Popeyes]

Oh contraire. Your spiteful hatred blinds you from the fact you misunderstand the affluent wealthy.

For a multi-millionaire to purchase a $654,000 license plate is about comparable, let’s say, to you buying a computer, in terms of relativity to yearly net income. Even further, for the super wealthy, like Bill Gates, about comparable to you buying a cheeseburger at Burger King. The caveat however is the items in your lifestyle decrease in monetary value as your ownership ages, but the lifestyle of the wealthy generally accrues in value. So, the $654,000 license plate may in a few years be worth, let’s say, $850,000. It’s a gamble but the gamble often pays off and is exactly why the rich invest in rare paintings, etc.Before I get to my point, the first and last examples were actually really bad examples. If you cannot afford to buy a car, you probably cannot afford to maintain a car. The homeless dude would shortly be back onto the streets because he couldn’t afford the peripheral expenses of utility bills, homeowners insurance, property tax. (P.S. Last I checked, you don’t need insurance to buy an electric wheelchair.)

To my point, the acquisition of excessive wealth, beyond one’s necessities, is not really about the money but the social influence it acquires. People will listen to your ideas more than they ever would if you were just another guy and you can bring about positive change, on a much grander scale, like saving a rainforest, but such influence only comes about with equally grand dough. This is the non-cynical perspective to “Money is power.” However, the repercussions of your model is restricting oneself to a sphere of limited influence.

Cmon are you serious? You're seriously telling me that he spent close to a million dollars on a license plate as an investment? How many people out there are willing to pay that much for a freaking license plate? I can think of about a thousand things better to spend 650 grand on, as an investment.

 

[Deep Dish]

Cmon are you serious? You're seriously telling me that he spent close to a million dollars on a license plate as an investment? How many people out there are willing to pay that much for a freaking license plate? I can think of about a thousand things better to spend 650 grand on, as an investment.

Yes, really. Delaware decided to turn license plates into a delicacy and therefore the market exists, if only in Delaware. There may very well be better investments but you need to bear in mind multi-millionaires hold multiple investments; along with their better investments, it's just one more notch in their trophy case, so to speak.

The wealthy also think in terms of novelty and expected monetary gain rather than utility. Where is the utility, the functionality, in owning a Rembrandt painting or Leonardo da Vinci drawing? Sure, paintings and drawings look nice but you could throw the same argument--that it's uselessly overpriced for something that "just" looks nice; paintings and drawings are "just" paint and ink splashed upon canvas and paper. But such a view would be missing the point.

The wealthy do think differently than other people and with due exception of people born into wealth, that is why they are wealthy.

 

[RedPill]

I've gotta be honest... when I first saw the thread title I thought this was going to be about a woman who, through an act of incredible stupidity or a grossly unfair legal ruling, somehow caused her man to have to part ways with $654,000.

 

[Crazy Asian]

it is not up to you if something is worth a certain amount.
it may be worth that much to them.

but if i had the money (IF being the main word here), i would definitely buy a stradivarius violin for 5-6 million.