NSW Heritage number plates are proving to be big money makers.
In April 2024 The NSW Government made a cool $$3,298,000 selling a limited release of 15 Numeric Number Plates, with the cheapest selling for a mear $144,000
Why are they worth so much?
There are a couple reasons why heritage plates are so popular.
They are seen as a status symbol, and they also increase in value over time so are of high interest to many investors and motoring enthusiasts.
Many of the rarer heritage plates are owned by famous or high-net worth individuals and have got a lot of stories behind them.
What makes one number plate more valuable than another ?
The lower the number the higher the value, also plates with sequential numbers seem to get better prices too.
Big Demand
The demand for these number plates has been strong as an investment with Some plates are seen to have increased up to 200% in value in a 2-3 year period which attracts more people into the market with number plate NSW 1 selling for more than $11,505,000 + a 7.5 percent buyer’s premium.
Here are the Auction results
The bumper plates also attracted a Buyer’s Premium 8.25% with most going well beyond the entail pre auction estimate.
1: NSW Numeric Number Plate ‘966’
Estimate: A$200,000 – A$300,000
Sold: A$395,000.00
2: NSW Numeric Number Plate ‘2024’
Estimate: A$150,000 – A$200,000
Sold: A$166,000.00
3: NSW Numeric Number Plate ‘80880’
Estimate: A$80,000 – A$120,000
Sold: A$180,000.00
4: NSW Numeric Number Plate ‘773’
Estimate: A$200,000 – A$300,000
Sold: A$292,000.00
5: NSW Numeric Number Plate ‘11110’
Estimate: A$80,000 – A$120,000
Sold: A$152,000.00
6: NSW Numeric Number Plate ‘4141’
Estimate: A$150,000 – A$200,000
Sold: A$190,000.00
7: NSW Numeric Number Plate ‘879’
Estimate: A$200,000 – A$300,000
Sold: A$262,000.00
8: NSW Numeric Number Plate ‘897’
Estimate: A$200,000 – A$300,000
Sold: A$258,000.00
9: NSW Numeric Number Plate ‘3535’
Estimate: A$150,000 – A$200,000
Sold: A$215,000.00
10: NSW Numeric Number Plate ‘1232’
Estimate: A$150,000 – A$200,000
Sold: A$164,000.00
11: NSW Numeric Number Plate ‘442’
Estimate: A$200,000 – A$300,000
Sold: A$295,000.00
12: NSW Numeric Number Plate ‘1114’
Estimate: A$150,000 – A$200,000
Sold: A$215,000.00
13: NSW Numeric Number Plate ‘4846’
Estimate: A$150,000 – A$200,000
Sold: A$158,000.00
14: NSW Numeric Number Plate ‘1323’
Estimate: A$150,000 – A$200,000
Sold: A$178,000.00
15: NSW Numeric Number Plate ‘67890’
Estimate: A$80,000 – A$120,000
Sold: A$144,000.00
Written By
Matt Banks
Matt is the founder of Autohero.com.au and has been hooked on cars and repairs ever since childhood.
A veteran in automotive since leaving school, Matt has completed his trade as a panel beater and is across all things with wheels.
His first car was a 1967 FORD XR Wagon followed by a string of collectable Holden’s.
Have a question for Matt? Leave a comment below.