In a surprising turn of events, the auction of the "ZG 10" ship license plate on Ricardo has stirred significant interest and confusion.

Originally owned by Zug-based multimillionaire Niklas Nikolajsen, the plate was set to break records with a buy-now price of 375,000 Swiss Francs.

However, the auction was abruptly canceled by Ricardo due to security concerns, leaving Nikolajsen frustrated.

Despite this setback, another seller has listed a similar "ZG 10" plate, sparking further intrigue.

Nikolajsen, who views his assets as investments, remains hopeful to finalize a sale, aiming to surpass the previous record set by "ZH 24." Ricardo has emphasized the importance of verifying ownership, especially for high-value items, to ensure buyer protection.

The private trade of vehicle plates is legal in Zug, adding another layer to this unfolding story.