Registration Plates Sell For Price Of Luxury Cars At Melbourne Auction
For most motorists the humble registration plate is an afterthought, only thought of when the time comes to renew or replace it, but for others it can be a prized possession often worth more than their own car.
At an auction in Melbourne in February many heritage plates were sold for more than the price of a luxury vehicle.
People crowded into the Shannons auction house, weighing up the items for their investment potential, sentimental worth or simply the prestige they would add to their car.
Registration plates were first issued in Australia in the early 1900s.
"They went from number one to 285,000. In 1939 those plates were discontinued," Shannons national auctions manager Christophe Boribon said.
As old plates were handed back over time, state governments stockpiled them, then reissued the plates in the mid 1980s in "great plate auctions".
However, the market for plates really took off in the past two decades, with New South Wales and Victorian plates the most sought-after, and some reaching hundreds of thousands of dollars.
"It's pure collectability, it's prestige," Shannons' David Johnston said.
"The lower numerically the number plate is the more desirable it is.
"There's only one that says 419, as with all the other numbers, so the lower the number you can have the better."
Some buyers are car lovers, such as one bidder who paid $18,000 for 82-911 to match his Porsche.
But others see the registration plates as a unique investment.
Queenslander Shane Moore is an avid plate buyer.
"My first number I bought was 697 — that was one that came up at the auction at a reasonable price," he said.
"My second heritage plate was 2013. That did have some meaning. That was my daughter's year of birth and that was the same year I bought the plate."
As a hobby, he bought an online licence plate site. Only a dozen of the 8,000 plates for sale are heritage.
Mr Moore said one-digit plates were worth millions.
Transferring from a Retention Certificate to a Vehicle
As before, the online process is the easiest to go through if you want to transfer a registration number currently covered by a retention certificate onto a vehicle. You can do it here.
You can also do it by post. You will need your retention certificate and the vehicle registration certificate of the vehicle you are transferring the registration to.
For both the online and postal methods, you will receive a new vehicle registration certificate in the post.
The current cost for transferring a vehicle registration is £80 and it can take 5-10 days to complete. However, the introduction of the online system has made the process much smoother than it used to be.
icle registration certificate for the vehicle with the new registration number. You will also get the retention certificate for your registration number.
Established For Over 25 Years
the Cherished Numbers Guild
- Free transfer service - your paperwork is handled by our trained team
- Over 25 years expertise - long established and trusted company
- DVLA Recognised Reseller - linked directly from the DVLA website
- DVLA Registered Number Plate Supplier - in line with all DVLA & MOT regulations