WHAT’S YOUR BID?

Mercury (Hobart) - Motoring - - MOTORING -

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.”

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