Personalised Number Plate Information

NUMBER PLATES:

Sharjah: Fierce bidding at a Sharjah Police licence plate online auction raked in Dh3.4 million for a single plate numbered “15”, said Sharjah Police.

In total, Dh9.8 million was raised from the auction of 100 unique number plates.

Organised by Sharjah Police in collaboration with Emirates Auction from March 27 till April 1, the auction attracted the attention of bidders from across the UAE and beyond.

The online auction witnessed intense bidding on 100 unique number plates, including a pair of two-digit plates: 15 and 66, nine three-digit plates: 120, 121, 200, 202, 221, 313, 660, 801, 888, and 44 four-digit plates, featuring unique combinations such as: 2222 and 5000, in addition to 45 five-digit plates.
The highest bid on two-digit number went to plate number 15, which recorded Dh3,4 million, while plate number 66 recorded Dh1,2 million. The highest price for three-digit numbers went to plate number 888, which recorded Dh700,000.

The four-digit plate number 2222 was sold for Dh600,000 and the highest paid for a five-digit plate (66666) was Dh559,000.

Plate number 200 sold for Dh382,000, while the lowest bid went to plate number 89100 which sold for Dh6,000
The auction was viewed by 500,102 people via Emirate Auction’s mobile app and website.

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If Sydneysiders thought property prices had hit peak ridiculous, licence number plate collectors have gone one better with the original NSW No.4 plate up for sale for between $1.2 million and $1.4 million.

The asking price tops the $1.18 million median house price in Sydney, and doesn't even include the Rolls-Royce that it was attached to until early last year when it was owned by Aussie John Symond.

The founder and executive chairman of Aussie Home Loans bought it in 2010 from property developer Ivan Holland, who had secured it in an art swap from businessman and art collector John Schaeffer.

Aussie John was approached to sell the 1910-registered plate early last year, but with a $1.2 million price tag the buyer from Asia declined.

Mr Symond has confirmed he sold the plates 18 months ago to a mystery buyer in South Sydney.

Numberplate aficionado Shane Moore said the plate is widely rumoured to have been sold by Mr Symond for about $1 million.

"Single-digit plates rarely trade so quickly," said Mr Moore, who runs the numberplates.com.au website.

"They are usually held within the one family for decades. As an asset class they've appreciated in value in recent years, but they're also a volatile asset. If things go badly, investors will sell off the plates."

Registered in 1910, the No.4 licence plate is the most expensive item set to go under the hammer on August 28 at the 2017 Shannons Sydney Winter Classic Auction.

It tops the asking prices for 26 cars on offer, including a 1924 Rolls-Royce for $120,000, a 1964 Porsche for $125,000 and a Mustang Fastback for $120,000.

Single-digit, heritage licence plates have long been a highly prized collectible among the ultra-wealthy. In 2008, the No.6 NSW number plate sold for $800,000. It topped the previous high of $683,000 paid in 2003 by an Asian businessman for No.2.

The No.1 plate is owned by the family of the late founding chairman of Australian National Airways, Sir Frederick Stewart, who had owned it since the 1930s.

The No.8 plate was regarded as the most valuable because it is regarded as auspicious in traditional Chinese culture. It last traded in 2010 for $500,000.

In Victoria, single-digit number plates are also investment-grade assets. The number 1 VIC plate is owned by former Foster's Group chief Peter Bartels.

In 2013 British businessman Afzal Kahn knocked back £8.5 million for his "F1" numberplate, having bought it for a record £440,000 in 2008, according to The Telegraph in London.

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The three-letter scheme preserved the area letter codes as the second pair of letters in the set of three, and the single letter area codes were deleted (since prefixing a single letter code would create a duplicate of a two-letter code). In some areas, the available numbers with this scheme started to run out in the 1950s, and in those areas, a reversed sequence was introduced, i.e. 1 AAA to 999 YYY. The ever-increasing popularity of the car can be gauged by noting that these sequences ran out within ten years, and by the beginning of the 1960s, a further change was made in very popular areas, introducing 4-number sequences with the one and two letter area codes, but in the reverse direction to the early scheme (i.e. 1 A to 9999 YY). Often number plates were on hinges, as petrol tank caps were located under the number plates on some cars.

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The original NSW licence plate No. 4 sold under the hammer on Monday night for $2.45 million, setting an Australian record.

Chinese-Australian wine collector and sex toy magnate Peter Tseng bought the rare collector’s item before a crowd of 300 people at the 2017 Shannons Sydney Winter Classic Auction, who applauded when the hammer fell on his purchase.

Mr Tseng, who arrived in his red Ferrari bearing the No. 2 licence plate, is a renowned number plate collector, owning the Hong Kong-registered No. 1 number plate and a personalised licence plate “ONE” registered to his 1969 Mercedes in Sydney.

Mr Tseng is understood to have bought the 1910-registered plate from entrepreneur Steve Shelley, co-founder of workforce management software company Deputy and owner of the Burraneer mansion “Nautilus”, which won Australian House of the Year last year.

The No. 4 plates were last seen on Shelley’s dual cab ute before it was registered at the Shannons auction with a guide of $1.2 million to $1.4 million.

After an opening bid of $1 million, bids quickly rose in $100,000 lots between two buyers until Mr Tseng raised his hand at the $1.35 million level. Mr Tseng did not put his hand down throughout the auction, leaving it raised for the next 22 bids until the mystery underbidder – known only as “Ray” – dropped out.

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The original NSW licence plate No. 4 sold under the hammer on Monday night for $2.45 million, setting an Australian record.

Chinese-Australian wine collector and sex toy magnate Peter Tseng bought the rare collector’s item before a crowd of 300 people at the 2017 Shannons Sydney Winter Classic Auction, who applauded when the hammer fell on his purchase.

Mr Tseng, who arrived in his red Ferrari bearing the No. 2 licence plate, is a renowned number plate collector, owning the Hong Kong-registered No. 1 number plate and a personalised licence plate “ONE” registered to his 1969 Mercedes in Sydney.

The crowd at the number plate auction applauded when Peter Tseng made his record purchase.
The crowd at the number plate auction applauded when Peter Tseng made his record purchase.

Mr Tseng is understood to have bought the 1910-registered plate from entrepreneur Steve Shelley, co-founder of workforce management software company Deputy and owner of the Burraneer mansion “Nautilus”, which won Australian House of the Year last year.

The No. 4 plates were last seen on Shelley’s dual cab ute before it was registered at the Shannons auction with a guide of $1.2 million to $1.4 million.

After an opening bid of $1 million, bids quickly rose in $100,000 lots between two buyers until Mr Tseng raised his hand at the $1.35 million level. Mr Tseng did not put his hand down throughout the auction, leaving it raised for the next 22 bids until the mystery underbidder – known only as “Ray” – dropped out.

Peter Tseng arrived at the auction in his red Ferrari, which bears the No. 2 licence plate.
Peter Tseng arrived at the auction in his red Ferrari, which bears the No. 2 licence plate.

The sale result – at more than $1 million above the highest guide expectations – was the most expensive item sold on the night, which included car memorabilia like the 1920s Michelin Compressor and a 1924 Rolls Royce Barker cabriolet that sold for $123,000. The second most expensive item sold on the night was a 1960 Mercedes Benz Roadster 190SL for $195,000.

The $2.45 million sale result is double Sydney’s median house price and matched the recent sales of a renovated three-bedroom, two-bathroom Victorian semi on Woollahra’s Roslyndale Avenue, and a Californian bungalow also with three bedrooms on almost 600 square metres on Macpherson Street in Cremorne.

Like most single-digit number plates, the No. 4 number plate is known for its ownership providence, most notably when it was registered to the Rolls Royce of Aussie John Symond, founder and executive chairman of Aussie Home Loans.

Sources have come forward to reveal Aussie John sold the plate in late 2015 to art collector and leading Brett Whiteley art dealer Steve Nasteski in late 2015 for about $850,000.​

Mr Nasteski is another well known number plate collector, having bought as many as eight rare two-digit number plates from the late stockbroker Rene Rivkin in 2004 through Nasser Elkordi, an associate of John Ibrahim and former flatmate of radio shock jock Kyle Sandilands.

Despite Nasteski’s penchant for number plates, he sold the No. 4 plate last year to Mr Shelley for between $800,000 and $900,000.

At that level, Mr Shelley would have made a windfall of more than $1.6 million on the number plate in the 18 months he owned it.

Mr Tseng featured in the 2013 Australian documentary film, Red Obsession, narrated by Russell Crowe, which tracked the dramatic rise and fall in the price of French wines between 2011 and 2012.

Monday night’s auction is expected to set a new benchmark in the cost of single-digit plates. Mr Tseng’s purchase of the No. 2 plate set a record at $750,000 that was topped in 2008 when the No. 6 number plate sold for $800,000.

The No. 1 plate is owned by the family of the late founding chairman of Australian National Airways, Sir Frederick Stewart, who had owned it since the 1930s.

In Victoria, single-digit number plates are also investment-grade assets. The No. 1 VIC plate is owned by former Foster’s Group chief Peter Bartels.

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