Delaware’s low-digit license plates are not just a means of proving vehicle registration, but a status symbol with a rich history and a potentially lucrative return on investment. The Fusco family, known for their real estate success, capitalized on this trend by collecting rare Delaware license plates, starting with plate number “9” purchased for $185,000 in 1994. Over the years, the Fuscos amassed a collection of plates worth millions of dollars, with some plates selling for hundreds of thousands of dollars at auction.
The value of these low-digit license plates in Delaware dates back to the early 1900s when the first plates were issued in numerical order to wealthy car owners, creating a status symbol that has persisted over the years. The popularity of these plates has led to an annual event called “Tag-A-Palooza,” where rare plates are available to the public through a lottery.
Experts agree that low-digit Delaware license plates are a safe investment, with their value consistently increasing over the years. The Fuscos’ involvement in collecting and investing in these plates has not only resulted in financial gain but also allowed them to become heavily involved in philanthropy.
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Photo credit www.motorbiscuit.com
