[bsa_pro_ad_space id=14]
A low two-digit heritage number plate has smashed records in Melbourne, selling for twice the price of an average house.
0
A new record has been set for two-digit number plates in Australia, with Victorian plates ‘14’ selling for $2,270,500 at a Shannons auction overnight.
The price paid for the heritage number plates, offered in both a traditional vitreous enamel and an ‘auction style’ plate, more than doubles the previous two-digit record of $1.1 million set in 2020 for Victorian ‘26’.
It’s understood two bidders drove the price of ‘14’ up, jumping by half a million dollars in the last hour.
The last time ‘14’ changed hands publicly was in 1998, when they sold for $75,000 alongside ‘15’ and ‘16’.
While lower numbers are generally considered more valuable, values of all heritage plates in Victoria and New South Wales have exploded in recent years – far outpacing more traditional investments such as stocks and property.
Meanwhile, two-digit heritage number plates have increased by roughly 328 per cent over the same period.
According to Instagram account Heritage Number Plates, rumours suggest Victorian ‘10’ traded hands privately for between $1.5 million and $2 million last year.
Our thanks to Heritage Number Plates for supplying the top image.
Read more about Ben Zachariah 
[bsa_pro_ad_space id=15]