PRICE OF TIN: Australian auction record for a number plate is smashed as NSW 29 raises $745,000 at Shannons Sydney Autumn Classic Auction
PRICE OF TIN: Australian auction record for a number plate is smashed as NSW 29 raises $745,000 at Shannons Sydney Autumn Classic Auction Shannons

$745,000 for a plate? "29" breaks Australian auction record

AN Australian record auction price for a number plate was realised last night when numerical plate NSW "29" sold for $745,000.

The desirable bit of tin had expected to sell for between $490,000-$550,000 at Shannon's Sydney Autumn Auction, but bidding pushed it ahead of the previous Australian auction record of $689,000.

That price was paid in 2003 for NSW "2", a single digit plate that today would be worth an estimated $2 million on the strength of last night's result, should it ever go up for auction again.

Shannons said: "Low number, double digit plates seldom come onto the market as they are usually passed down through families and generations and rarely sold privately."

The sale price of NSW "29" comprehensively eclipsed the classic cars on offer at the Shannons auction.

Top prices for cars (with free number plates attached by the way) were $180,000 for a restored 1970 Ford XY Falcon GT, $137,000 for a 1964 Porsche 356C and $101,000 for a 1988 Porsche 930 Turbo Cabriolet.

Other black and white heritage NSW plates also fetched tidy sums at the event.

"9191" reached $82,000, "4002" made $64,000, "85758" found $35,000 and "74820" was bought for $30,000. 

ALTERNATIVE: The same amount of money could have bought a brand new Rolls Royce Ghost EWB.
ALTERNATIVE: The same amount of money could have bought a brand new Rolls Royce Ghost EWB.

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