Record Victorian Rego Plate Price fetched at Shannons

By: Mark Higgins & Alex Affat


R32 R32

The plate brought in almost seven times the selling price of the most expensive car at the same auction

Despite the bleak outlook for world health and wealth, a buyer forked out a record setting price for the double-digit Victoria plate ‘26’ with a winning bid of $1.11million at Shannons' recent Melbourne Autumn Auction.

The price paid is over twice that paid for Victorian number plate ‘59’ which fetched $535,000 a year ago and also auctioned by Shannons.

Several other number plates scored excellent results at this year’s Melbourne Autumn Auction. The highest price paid for a three-digit heritage plate was $165,000 for ‘817’, while auction record prices were paid for both the four-digit numerical plates ‘8.228’ ($132,000) and the five-digit ‘lucky’ plate ’80.888’ that sold for an outstanding $104,000.

Overall Shannons first Melbourne auction for the decade achieved an 88% clearance rate and over $4 million in sales. 

The highest price paid for a vehicle was $165,000 for a restored 1968 Shelby Mustang GT350 that had been in the hands of a local enthusiast for the last 20 years.

The next Shannons classic car auction has been delayed amidst the Covid-19 crisis. Their Late Autumn Classic Auction is set to go ahead in Melbourne, on May 11.

Stay tuned at tradeuniquecars.com.au for the latest auction previews, results and news.

 

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