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8. Delaware License Plates

The Economics of Everyday Things

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The Value of Low-Digit Plates

The market for low-digit plates may be mostly a Delaware thing, but it's popped up in other places too. Expensive license plate numbers are a perfect example of what economists call a Veblen good. Most people don't get rid of them unless there's no more family in the state and they're selling because they're moving. Do you ever see plates end up in divorce settlements? That happens quite a bit.

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