Jersey Number Plate Auctions For 60000
Reg Plates ArticleChoose a first letter to see two-letter combinations
Jersey Number Plate Auctions For 60000
A TWO-digit registration plate could fetch up to £60,000 when it is auctioned on Wednesday.
The J27 plate, which is assigned to a vehicle of ‘insignificant value’, has a guide price of £50,000 to £60,000.
It is due to be auctioned by Simon Drieu and Co at Glencoe Auction Rooms in St Lawrence from 11 am.
The auction comes a week after another number plate, J999, which had a guide price of £30,000 to £40,000, failed to sell.
A TWO-digit registration plate has sold for £73,000 at auction - making it the Island's most expensive number plate.
The J27 plate, which is assigned to a vehicle of ‘insignificant value’, had a guide price of £50,000 to £60,000.
It was auctioned by Simon Drieu and Co at Glencoe Auction Rooms in St Lawrence on Wednesday.
Last week another number plate, J999, which had a guide price of £30,000 to £40,000, failed to sell.
So how do you ensure you get one that rises in value rather than one that remains static? The trick is to buy something that other people are likely to want. Number plates that show a person’s name or initials are a good example, providing they are not unusual names or initials. Having something that is unusual will not prevent the number plate from rising in value, but it may be more difficult as it will be harder to find a buyer whom the number plate is relevant to and who wants to pay for it.
Next, have a look at what is currently for sale that matches that name or initials. If there are not many or if the one you have is considerably better, you will have a greater chance of the investment rising in value. If, on the other hand, there are lots of other options for people with that name or initials, you may find it harder to sell the one you own.
Other things that can prevent you from getting a high price for a number plate include:
- Number plates that are hard to understand – If people can’t tell what the number plate means after a few seconds of looking at it, you might struggle to get a high price for it.
- Humorous number plates – These types of plates are very niche, so the market for them is smaller than for standard phrases.
- Made up or unique words – There may not be anyone else who wants a number plate with a very unusual word.
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