Collectors And Investors Go For Number Plates

This 1950s Austin J40 sold for a record $9300 but it's still a cheap way to pick up an eligible Goodwood Revival race car.

The recent sales of a set of numberplates for $745,000 and a pedal car for almost $10,000 have provided strong evidence the classic car market in Australia is finally coming in from the cold.

These two Shannons auction sales on May 22 came shortly before the record-breaking sale of the ex-Bob Morris Holden Torana A9X on May 28 for $715,500, which was sold by Perth collector Peter Briggs through the action house Mossgreen.
Most surprising of all is even though the A9X last month became the most expensive Australian car ever sold at auction, its price wasn’t enough to surpass the amount paid six days earlier for two old bits of government- issue pressed tin.

The pricey plates were for New South Wales and bore the number 29 which, according to Shannons, drew enough to eclipse the previous auction record of $689,000, which was paid for the NSW number 2 plates in 2003.
Number 29, left, was worn in 1915 by a Sydney-based 26HP Minerva.

Long before it sold for a record $745,000, this number plate was worn in 1915 by a Sydney-based 26HP Minerva.
In July 2016, $530,000 was paid for the Victorian plate number 21.

The pedal car mentioned above was a beautifully restored Austin J40 dating from the 1950s.

Similarly well-restored examples of this iconic pedal car have previously sold for between $3000 and $6000, and the $9300 paid for the J40 at the May auction is believed to be a record for this pedal car.

Still, this would have to be the most cost-effective way to get a car that’s eligible to race at the Goodwood Revival in England.

The Settrington Cup is a one-make race for Austin J40s at the September historic motoring festival.
Of course, the race is open only to children, so you’ll have to race vicariously.
But you’ll still be able to say things such as “Sorry, I can’t mow the lawn, I’m preparing the race car for Goodwood”.

We’re back
If you’ve noticed large numbers of classic car enthusiasts wandering the streets looking bewildered, irritable and listless, it’s not just because they own old English cars.

The other reason is, as you may have noticed, Idle Torque has been AWOL in the previous two editions of Saturday’s WestWHEELS.

Now though, after a two-week sojourn in Wednesday’s WestWHEELS, we’re back in on a Saturday, and should be here for a while.

Also, please don’t write in about that gentle dig at old English cars.

To the contrary, some have been known to be very reliable, and on a sunny day with a tailwind, can travel up to 14km with hardly any maintenance.

So what are the top selling number plates in the UK? The DVLA has been selling private plates to UK motorists since 1989. During this time, there have been a number of records set, but most of the top 10 have been bought in the past 15 years. Here’s what currently makes the list:

25 0 – A Ferrari dealer bought this for £518k in 2014. It is now on a £10 million Ferrari 250 SWB.
F 1 – A businessman, Afzal Khan, bought this for £440k in 2008 and put it on his McLaren-Mercedes SLR.
S 1 – This was bought in 2008 for £404k by an anonymous buyer.
1 D – Businessman Nabil Bishara bought this plate in 2009 (before One Direction was formed, so it is not a reference to the band) for £352k.
M 1 – Businessman Mike McCoomb bought this number plate in 2006 for £331k, apparently for his son, who was 10 at the time.
VIP 1 – Chelsea owner and businessman Roman Abramovich bought this plate for £285k in 2006.
51 NGH – This number plate, which looks like the surname Singh, was sold in 2006 for £254k.
1 RH – Businessman Robert Haverson bought this in 2006 for £247k.
K1 NGS – This reg plate, which looks like the word “kings”, was bought anonymously in 1993 for £231k.
1 0 – This very simple but striking number plate was bought anonymously in 2009 for £170k.

These are large amounts of money, but they are all small compared to the top-selling number plates found in other parts of the world. Abu Dhabi, in the UAE, has the record for the most expensive number plate ever sold. That number plate was a simple “1”. It was bought in 2008 by businessman Saeed Abdul Ghaffar Khouri for £7.25 million.

number plates