Personalised Plate Auction Prices And Celebrity Owners
A high-end four-wheeler carrying an ‘MLA’ sticker was spotted parked in Prakashnagar, Begumpet with a fancy registration plate carrying the number AP2 AB 2222.
The vehicle was spotted by Mr Hari Satya Sandeep, a social media user who often shares pictures of traffic rule violation on the Facebook page and Twitter handles of the Hyderabad traffic police. Mr Sandeep said the car with MLA sticker was not parked properly and its fancy number plate was a violation of the rule.
“When I checked its challans on the Hyderabad traffic police e-challan portal there were no pending challans. They may have cleared the challans but in that case they would have changed the number plate if they were fined for it,” Mr Sandeep said.
Asked about this, Dr V. Ravinder, joint commissioner Hyderabad traffic police, said, “As we have received the complaint we will look into the matter and will take action accordingly.”
Mr Vinod Kanumala, chief functionary of the Indian Federation of Road Safety, said, “Abuse of rules by LAs is very common. The law makers are the primary law breakers.” He said he had noticed a barcode number plate on a car in the city.
Number plate 2 of category 1 was the biggest attraction at the Abu Dhabi Police’s open vehicle number plates auction on Saturday, sold for Dh10.1 million.
The popular auction generated a revenue of more than Dh55 million, auctioning 60 distinguished Abu Dhabi number plates at Emirates Palace hotel.
Abu Dhabi Police, in cooperation with Emirates Auction, held the public auction on the occasion of the 60th anniversary of its establishment.
Organised by Emirates Auction, the auction listed the numbers on the company’s website, including five double-digit plates, 15 three-digit plates, 19 four-digit and 17 five-digit plates.
Number plate 2 was the only one-digit licence plate in the auction, and was the first one-digit Category 1 number plate sold in a public auction.
Other number plates featured in the auction were 10, 60, 333, 600, 999, 1000, 1111, 5050, 6000, 6060, 6666, 9090, 9999, 10000, 55555, 60000, 66666.
WOULD you pay more than $150,000 for a piece of metal measuring just 19cm by 13cm?
That’s the length to which collectors of historic South Australian licence plates are prepared to go to secure their piece of SA motoring history.
The 17 historic SA plates to go under the hammer have reserves ranging from $2999 for SA “467-470’’ to $120,000 for SA “90’’, right up to $149,999 for SA “29’’.
Stewart Kay, proprietor of Historic Plates, said licence plates had proven to be great investments.
“In terms of their metallic value, forget gold and platinum, it’s the most expensive metal in the world,” he said.
“Some of the three-digit numbers we have ranging from $17,500 to $22,000 – and we’ve sold some three-digit numbers for more than $50,000 previously – they were $1500 only in the late 2000s, so they’ve increased quite significantly in that time.
“We find people are using them in their self-managed super fund or to finish off their collectable car.
“If you’ve just bought the latest $400,000 Porsche or Mercedes or whatever, a $20,000 numberplate is the only way to finish it off.”
SA Government records show the “29” plate was first issued in 1907 to Dr E.V Fooks of Gawler, who registered it on an 8hp De Dion car.
“The reserve is $150,000 and we’ve arrived at that on past sales, but interestingly a couple of months ago, the number 29 Sydney plate sold in Sydney for $750,000,” Mr Kay said.
“All of our plates usually sell online or the following day but we offer all our plates at a market correct reserve. But under auction, anything is possible.
“The days of a $1 million South Australian numberplate is not too far off.”
So what else could you spend $150,000 on in South Australia?
According to realestate.com.au, $149,000 will buy you a three-bedroom home on 615sqm at Elizabeth East. For $149,990 you could drive away in a new 2017 Maserati Levante 3L 6 cylinder SUV.
And if you’d prefer a holiday, $150,000 will buy a couple 34 nights in the exclusive Osprey Pavillion of Kangaroo Island’s luxurious Southern Ocean Lodge.
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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