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License plate sells for $14 million

Issue date: 2/18/08 Section: Briefly
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ABU DHABI, United Arab Emirates - Saeed Khouri, a member of a wealthy Abu Dhabi family, purchased a license plate with nothing but the number "1" on it for a record $14 million at a charity auction Saturday.

Proceeds from the auctions, which have been going on since May, go to a rehabilitation center for victims of traffic accidents.

Ninety license plates were auctioned off Saturday, raising a total of $24 million.
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