1954 North Carolina dealer license plate D 25601. Not much paint left, surface rust on most of it. Has some dents. I've seen MUCH worse restored. 
If you have a 1954 automobile registered in NC, you can display this tag on your car as long as you keep your real tag in the car along with the registration. Right now 1991 is the newest you can use on your car. Here is the law concerning it, this is straight from the DMV.

You can have a Vintage tag displayed on the car, you will however have to purchase a "regular tag and registration" that must be kept in/with the car at all times so that at any time you are pulled, you will have the plate and registration card to show the vehicle is properly registered. Any motor vehicle of the age of 35 years or more from the date of manufacture may bear the license plates of the year of manufacture instead of the current registration plates, if the current registration plates are maintained within the vehicle. It falls under General Statue 20-63 (d).

Buyer pays $9.95 first class shipping or $14 priority (bubblewrap envelope, insurance) within the USA or local pickup. Can meet up locally if can drive out and want to save on shipping and/or want to talk cars! If you get this feel free to shoot me a picture when you get it mounted! I'm a car guy and love to see what they go on. I have many more NC tags of different years, message me if you are looking for something specific or check my ecrater store, same handle (fifty8vw).