Rare number plate gets $268,000...more than a Jag E-Type
CLASSIC cars are proving to be handy investments, but it's rare number plates which continue to deliver cash windfalls.
Once again it was black and white numerical number plates commanding massive dollars at the Shannons Melbourne Late Summer Auction on February 19.
Most of the 14 black and white numerical number plates on offer sold comfortably above their pre-auction estimates, with the top price of the auction being $268,000 paid for the early Victorian-issued plate '124'.
Other stand-out number plate prices were the $206,000 paid for '225', $135,000 for '840', $119,000 for '452', $113,000 for '743' and $73,000 for '2.225'.
Some number plates more than doubled their estimates, with '7.555' bringing $61,000, '22.444' selling for $32,000, '2.255' making $73,000 and '6.661' selling for $58,000.
The top vehicle price of the auction was $174,000 paid for a lovely, deep red, Brysons-delivered 1968 Jaguar E-Type 4.2 Series 2 Coupe displaying just 65,500 miles on its odometer.
Another classic sporting coupe - a professionally-restored and converted Guards Red 1977 Porsche 930 Turbo that arrived from the USA in 2004 - sold on estimate for $119,000, while an uber-rare the left-hand-drive 1987 BMW M3 Coupe made $65,000.
Pre-War cars were also in demand amongst enthusiasts, with a pair of stately, Vintage Rolls-Royce models - a magnificent 1927 New Phantom Limousine and a striking black and yellow 1929 20/25HP saloon, both with distinctive coachwork - selling for $95,000 and $84,000 respectively.
Meanwhile, a fabulous right-hand-drive 1935 Auburn 653 Phaeton that had been in the same Adelaide family since new and had appeared on 'Getaway and Channel Nine's "Backyard Blitz", sold for $92,000.
Classic Australian vehicles performed very strongly, with a standout being the $47,500 paid for an exceptionally low mileage 1951 Holden 48-215 FX Sedan with numerous NASCO features originally intended for the cancelled 1952 Royal Tour.
Meanwhile, two 'no reserve' 1970s Holdens both posted auction records, with a 1974 Holden HQ GTS 308 Monaro Coupe selling for a $94,000, while a 1978 Holden HZ Premier 4.2 V8 sedan brought $35,000.
Another notable result for an 'Aussie Icons' was the $77,000 paid for an expertly-restored 1972 Chrysler VH 770 Charger 318 V8 Coupe.
Two 'no reserve' Falcon GTs both brought good money, with a 1973 Falcon XA GT showing some patina commanding $66,000 and an Icon Gold 1969 Ford XT Falcon GT Sedan selling for $62,000.
The four Japanese Classics in the auction all performed above expectations, in line with International interest from collectors.
A very low kilometre 1992 Toyota MR2 'Targa' Coupe presented in factory original condition, excited a number of phone and internet bidders before selling for $23,500 - more than double its pre-auction high estimate.
A 1996 Subaru Impreza WRX Sedan that has spent most of its life in storage and was believed to have covered just 23,657km from new, brought $30,000, while a mechanically-modified and turbocharged 1969 Datsun Fairlady Coupe brought $45,000 and a cute 1988 Suzuki 'Mighty Boy' micro utility sold for $5,600 - close to its original new purchase price.
Classic Americans cars of the 1950s and 1960s brought good money, with a fabulous, low mileage 1956 Chevrolet Corvette Roadster presented in wonderful, preserved condition selling for $89,000, an ultra-rare and collectible left-hand drive 1970 Dodge
Coronet R/T 440 Convertible bringing $68,000, a lovely, right hand drive 1957 Chevrolet Belair 'Pillarless' Sedan selling for $67,000 and a believed two-owner 1963 327-V8 engined Chevrolet Impala Convertible in great unmolested condition going with 'no reserve' for $56,000.