TEAMNZ America's Cup licence plate auctioned for $20k on Trade Me

The successful bidder will receive a brand new TEAMNZ plate. Photo / Trade Me

Following our astounding America's Cup success one cheeky Kiwi is auctioning off a TEAMNZ number plate on Trade Me - with a starting bid of $20,000.

The user floppy9 has listed the plate from Taranaki. It urged buyers to "be the first to show them off around the streets of New Zealand".

Peter Burling was at the helm for Emirates Team New Zealand this week, when the Kiwis overwhelmed holders Oracle Team USA 7-1 to lift the Auld Mug off Bermuda on June 27.

Three bids had already been placed at the time of writing, bringing the total up to $20,100.

One buyer suggested a trade with their "ORACLE" plate that they wanted to get rid of.

Floppy9 advised to hold on to it until the next America's Cup as a good investment.

The seller divulged in the Questions and Answers section that they had bought the plates a very long time ago. They said the successful bidder would receive brand new plates instead of the ones pictured.