I'm sorry. I know that tag is valuable and would be a great one to have and I'm sure you (or someone else in your buddy's behalf) will find a buyer probably willing to pay an exhorbitant amount, but it just doesn't seem right, to me.

Why apply for the tag if all you were going to do was turn around and sell it??? Are special tags now to be seen as "capital gains" items? I don't fault your buddy particularly as I'm sure with the amount of money that can be made, it is a great temptation.

However, it seems to me that something is wrong with the system here and, imo, the tag should never be transferrable (unless something tragic happened to the recipient). In any case, imo, it should not be allowed to be sold at a profit.

Tell your buddy to make sure he reports the amount of profit on his 1040 next year...only right in this kind of a deal.