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Last Updated: Tuesday, 3 July 2007, 15:08 GMT 16:08 UK
Car plate sparks 100,000 bids
Jaguar E-type
Mr Clements is scaling down his classic car collection
Business high-flyers are placing bids of more than 100,000 for a classic car enthusiast's distinctive number plate.

Derek Clements has sparked interest amongst chief executive officers with his sale of a registration plate marked CEO1 on the auction website eBay.

The retired bank manager, from Barrow-in-Furness, Cumbria, is also selling a plate marked CEO2, but this has only received bids of about 5,000.

More than 50 offers have been placed in the auction, which closes on 11 July.

Both plates are from his two classic Jaguar E-types, which he is selling separately.

Mr Clements decided on the sales in order to scale down his classic car collection.

He said: "I am being continually asked what I think they will go for and how much money I would like them to make, but we will just have to wait and see.

"This is an opportunity for someone to really stamp their mark in the business world and I can't wait to find out who will win them."

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