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We no longer need paper tax discs after they were abolished in October 2014.
However, they’ve turned into collectibles and the rarest ones have been selling on eBay for up to £355.
The DVLA moved all of its systems online in 2014 but a lot of people chose to keep their tax discs for safe keeps and they’re being bought and traded by “enthusiastic collectors” also known as “velologists”.
The highest record paid by a collectioner for a tax disc is £1,087.80 for a disc that expired in 1921 which was the first year they were issued.
If you have any tax discs in mint condition, it’s definitely worth having a look if you can get any money for them.
Here’s what you should do if you have a valuable tax disc:
- Find out how much your tax disc is worth to a collector by checking the same or similar licenses under “sold listings”.
- Compare your version to other higher selling auctions and ask yourself if it’s in a similar condition? Is it vintage? Does it have the same expiration date? Is it still in its original packaging?
- If it’s in mint condition then it might be worth selling it through an auction house or directly to a collectables website. If it’s not, it’s probably worth sticking it on eBay for a moderate sum.
- Here are some of the other places to sell your disc: https://www.collecticus.co.uk/ http://www.velology.co.uk/
Discs from Northern Ireland and Wales are less commonly found, so keep an eye out for them.
How to avoid the dangers on eBay:
- You need to set a minimum price on your auction. It needs to be higher or at least value to what you’re selling, otherwise it could be bought for less than it’s worth.
- Even if your item sells, there’s no guarantee the buyer will cough up. When you set up the auction you can opt for the highest bidder to pay straight away.
- Don’t forget that eBay will charge you a sellers fee if you sell your item. If you’re selling up to 50 items a month – and you’re not a business – you’ll be charged 10 per cent of the sale. Take this into consideration when you’re listing your item
Here are some discs that were found on eBay:
One disc, which dated back to December 1923 sold for £400 on eBay. It had some markings but the condition was relative to its age.
It was classed as a vintage item as it was more than 20 years old.
This disc was for a HGV expiring in 1989 and sold for £271.
It was in good condition with no rips which definitely helped to add to it’s value.
This paper disc sold for £170 with an expiration date of 2003.
It was in very good condition and because tax discs acquired a bar code for the first time in 2003, this disc was more valuable for collectors.
This set of 10 discs sold for £123 on eBay and the tax discs were wrapped in water resistant packaging with stiff cardboard to ensure they arrive in mint condition.
Discs from Wales are less commonly found making them more valuable. This seller fetched just over £100 as it was in “very good condition”.