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With a tradition dating back the 1930 's, medallions and the actual York City Taxi license are just one of the landmark enterprises in area. In the last decade, over 1,000 new medallions already been sold at auction through city. A person have own this license, you can buy your own yellow cab, but it will cost you. In one case recently, a medallion sold for higher than $600,000. Diane puttman is hoping in contrast to 2001 when you could buy one for less than $200,000. Those that had the foresight to get one additional of the medallions are generally driving extremely own taxis now or have sold them at a fortune to current Taxi owners.



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