UK could pocket hundreds of pounds flogging their old car tax discs on eBay.
The car tax disc was abolished in October 2014 to make way for the new online system.
Due to the discs now disappearing from car windscreens they have become somewhat collectors items.
In fact, some motorists have pocketed over £500 selling theres on eBay.
Collectors of tax discs are referred to as ‘velologists.’
The term is a combination of the acronym VEL, which stands for vehicle excise licence, and -ologists.
With over 1.7 billion tax discs issued in the UK since 1921, you might think that they wouldn’t attract a hefty price tag.
However, the record amount pay for by a collector was £1,087.80 for tax disc that expired in December 1921, which was the first year they were issued in Britain.
Before that the record for the most expensive tax disc ever sold was £810, for a disc from the same batch.
Currently tax discs are on sale from as little as a few pounds up to £1,000.
The most expensive tax disc on sale on eBay (at the time of writing) is a rare triangular tax disc that is dated 1 Jan December 1931 on sale for £1,000 – although no official bids have been made yet.
Recently, a rare motorcycle licence dated December 1921, in its period tax disc holder, sold for a whopping £361.
Despite the ‘fragile’ condition of the disc, which was originally issued to a Douglas motorcycle, it still attracted the high price tag.
A set of tax discs issued in Northern Ireland for a ‘Morris’ car dated ‘Mar 66, Mar 67, Mar 68, Jul 68, Nov 68 and Mar 69’ sold collectively for £343.
More surprisingly a set of 12 tax discs dated from between 2006 and 2015 sold collectively for £500.
It included some of the last tax discs ever issued in the UK.
A rare tax disc that sold for a cool £500 was still in its original selvedge, expiring 31st December 1921.
Discs in their original selvedge are becoming more sought after by collectors.
The 97 year old piece of paper was in relatively good condition, which is why it attracted the high price tag.
One disc from 2003 managed to sell for £173, as it was made in the first year that tax discs acquired a bar code.
