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Ironically, TN just announced a new plate that looks very similar to this design (which says it is from 2014).

It even has the ~same "TN1796" example text.

The 1796 is likely because that's when Tennessee was admitted to the United States.

TN is one of the few plates I like. The green, the font...perfect for what it is.

The new one looks like some government plate.