CityPress - - News -

Per­son­alised num­ber plates have an in­ter­na­tional trend and South Africa has not been left out. These van­ity plates are counted among prized pos­ses­sions with grow­ing social sta­tus and an in­vest­ment value.

More than 500 000 per­son­alised plates have been sold in South Africa, ex­ceed­ing the most op­ti­mistic pro­jec­tions by the depart­ment of trans­port, which has gen­er­ated more than R500 mil­lion in rev­enue from peo­ple who pay a pre­mium to buy them.

The UK Driver and Ve­hi­cle Li­cens­ing Agency es­ti­mates it has raised more than £2 bil­lion (R31 bil­lion) at its spe­cialised num­ber plate auc­tions over the past 25 years. The num­ber plate KINGS alone was sold for £231 000 and RR1 for £75 000.

JHB 1 GP is ex­pected to sell for up to R250 000 when it goes on auc­tion by Stephan Welz & Co in Jo­han­nes­burg on March 28 and 29. This fol­lows a re­cent sale of num­ber plates 1 GP through 8 GP, which to­gether brought in R1 890 000. The num­ber 9 GP, owned by Spring­bok leg­end Joost van der Westhuizen and bear­ing his play­ing jer­sey num­ber, was sold on the same auc­tion for R167 000 a few months be­fore his death.

Clas­sic car spe­cial­ist Jack Rose­witz, quot­ing from a re­cent re­port on first­, noted that an In­dian busi­nessper­son paid a stag­ger­ing $9 mil­lion (R115 mil­lion) at an auc­tion to buy the reg­is­tra­tion D5 in Dubai.

“I have col­lected 10 num­ber plates so far and am look­ing for­ward to hav­ing more,” the buyer said. “It’s a pas­sion. This num­ber will go on one of my Rolls-Royces.”

Stephan Welz & Co is also auc­tion­ing clas­sic cars such as a 1955 Jaguar XK 140 FHC and a 2001 Rolls-Royce Cor­niche con­vert­ible.

– Staff re­porter

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.