WHAT’S YOUR BID?
The most expensive item to go under the auctioneers’ hammers in recent times isn’t a car; it’s a numberplate. Shannons sold the NSWregistered “4” for a record $2.45 million. Again, it’s a case of supply and demand: single and doubledigit plates are rare and certain numbers are popular because of their association with particular cars — think 159 for an Alfa or 911 for a Porsche — and because Asian investors identify some numbers as lucky.
A RARE AFFAIR
Auctioneers have some bad news if you’ve bought one of the last Holden Commodore SS-V or Ford Falcon V8s expecting big gains. You weren’t alone and therein lies the problem. Rarity is the key to future collectability. The same applies to the current Ford Mustang: it’s the most popular sports car in the country and almost 20,000 have been sold in the past few years. That makes it appreciated, not appreciable. Conversely, owners of a Falcon FPV GT-P, HSV W1 or the coming Bullitt Mustang should see plenty of upside in the next few years. Lloyds Auctions’ Bill Freeman says: “If it goes well and is a limited edition, there’s going to be a market for it.”