Because of this, two number plates going up for auction could see a lot of bidders. The dateless style registrations SW 1 and 1 SW will be auctioned on 4th December at COYS True Greats Christmas Auction, and expect to reach around £180,000 on the hammer price. After all the VAT and fees, this is closer to £250,000!
Some number plates can be lucrative and have sold for more than half a million. Reportedly, there are some reg owners who have refused several million pounds for their eye-catching number plate, so it’s clear to see why more and more people are buying them as investments.
We have seen buyers spend surprising amounts of money on number plates that relate to their name, initials, cars, football teams and so on. Afzal Khan, who currently owns F 1, turned down £6million a few years back!
We recently talked about the number plate 1 D selling for £285,000 in 2009, and that it could now be worth significantly more after the global pop phenomenon that was One Direction (aka 1 D), especially since 3 D and D 3 are both currently up for over £1million! C 1 also recently sold privately for in excess of half a million pounds after being owned by the same gentlemen since 1979.
Number plate 1 LOU will also be going under the hammer at COYS, along with several stunning classic cars. A 1930 Packard Deluxe Eight Roadster 745, a 1974 Ferrari Dino, a 1960 Mercedes 220SE Ponton Cabriolet, a 1938 BMW 328 Roadster, and a 1989 Aston Martin V8 Vantage Volante are just a few of the Lots in the auction estimated to go for high amounts. Plus, a 2010 Ferrari 458 Italia by Oakley Design and a 2003 Ferrari 360 Challenge Stradale will be hot under the hammer.
If you are thinking of buying a registration number as an investment then please do not hesitate to give us a call on 01902 791997 and our friendly team will be happy to assist you.