New York taxi medallions sell for $1m
Al Jazeera English
2012-07-27
Views 81
An aluminium medallion is the license to operate a yellow taxi in New York City.
It can be bought and sold like anything else. But almost nothing else has risen in value so much. Earlier this month; two medallions changed hands for $1m each.
Al Jazeera's Scott Heidler reports from New York.
It can be bought and sold like anything else. But almost nothing else has risen in value so much. Earlier this month; two medallions changed hands for $1m each.
Al Jazeera's Scott Heidler reports from New York.
Report form
RELATED VIDEOS
