The Most Expensive Number Plates Around The World
Reg Plates ArticleThe Most Expensive Number Plates Around The World
A rare two-digit numberplate has fetched a record-breaking $745,000 at auction in Sydney overnight.
The historic black and white New South Wales plate features the number '29' and smashed the previous record for the most expensive numberplate sold at auction by $56,000.
That record belonged to the NSW plate '2' which sold for $689,000 in 2003. The previous record for a two-digit plate was the Victorian '21' which sold for $530,000 at auction in 2016.
The history of '29' dates back to 1915 when it was registered to Mr MacCormick of Macquarie Street, Sydney. He had the plate on his Minerva.
The numberplate was sold overnight at the Shannons Autumn Classic Auction. The most expensive car sold was $180,000 for a restored 1970 Ford XY Falcon GT.
Last night’s Shannons auction was going as expected as people became proud owners of Skylines, HDT Commodores, and even a Mk1 Jensen Interceptor. All at reasonable prices too.
That was until a little black and white piece of pressed tin came up to the block. Okay, there were two of them.
Lot “AB”, a set of NSW historic numberplates which feature the number 29 on them, sold for an astonishing $745,000.
Joining them in the ‘too much money for a small piece of metal’ category were numbers ‘4002’, ‘9191’, ‘85758’, and ‘74-820’, all selling between $30,000 and $82,000.
While it’s understandable that these plates have long histories – especially ‘29’, which was first recorded at home on a Minerva in 1915 – it’s hard to understand why someone would drop near-Aventador money on one.
The way Shannons put it is that “its new owner has achieved instant membership of a very exclusive, low-digit numberplate club of just 90, whose ‘joining’ fee has risen steadily and reliably over the years.”
It’s probably going to keep rising, too. We imagine that plate will be kept in a safe rather than screwed onto a car.
How popular any name or initial it contains is: You are more likely to get good money for a registration plate that spells out a name like 5UE than you are with a more unusual name, simply because there is more demand for Sue (or Dave or Mel) than there would be for Hector, Primrose or Zebedee
How valuable the letters and numbers the plate contains are: in terms of numbers, lower numbers with fewer digits tend to be the most valuable when reselling personalised number plates, making BOB 1 more valuable than BOB 379. Sequential numbers (123, 456 etc.) and repeated numbers (444, 88) are more popular than random combinations, and special occasion numbers like 18 and 21 can also boost a number plate’s value a little. In terms of the letters in a number plate, the likelihood of a series of letters being a name or a person’s initials increases the value of the plate, too.
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