South Australian No. 8 Number Plate Expected to Fetch Record Price at Auction

The rare and historic South Australian number plate '8' is set to go under the hammer later this month, with experts predicting it could fetch a record-breaking price. This single-digit plate, dating back to 1906, represents a unique piece of automotive history and is generating significant buzz among collectors and enthusiasts.

Historical Significance

The '8' plate is the first single-digit numeric plate issued by the South Australian State Government since 1985, making it an exceptionally rare offering. Its historical value is further enhanced by its status as one of the original plates issued in the state.

Cultural Appeal

In Chinese culture, the number 8 is considered the luckiest number, symbolizing strength, prosperity, and victory. This cultural significance is expected to drive up interest and bidding from Australia's Asian community, especially with the auction taking place close to Chinese New Year.

Price Predictions

While an exact figure is difficult to pinpoint, industry experts are drawing comparisons to recent high-profile plate sales:

• In January, the New South Wales number 1 plate fetched an astounding $10 million.
• In 2020, a bespoke plate commemorating the Adelaide Grand Prix sold for $593,000, setting a local record in South Australia.

Given these precedents and the unique appeal of the '8' plate, predictions suggest it could sell for anywhere between $1 million to $5 million, potentially setting a new record for South Australia.

Auction Details

• The online auction opens for bids on August 28, 2024
• Bidding closes on September 16, 2024, at 7pm
• The auction is facilitated by Slattery Auctions and Valuations

Additional Plates on Offer

The auction will also include other desirable numeric plates such as '55', '873', '5566', '46000', and '111444'. These plates come with 'Class Specific Rights', allowing long-term entitlement and potential for investment.

Government Perspective

Tom Koutsantonis, Minister for Infrastructure and Transport, highlighted the significance of the auction, stating, "We know the number eight is considered lucky and with any luck a South Australian will snap it up later this month so that ownership of this exclusive and incredibly rare piece of local history will stay at home." The revenue from the auction will be directed back to the Department for Infrastructure and Transport, contributing to funding services for South Australians. As the auction date approaches, anticipation is building for what could be a record-breaking sale in the world of automotive collectibles. Whether you're a serious collector or simply curious about this piece of South Australian history, the sale of the '8' plate promises to be a noteworthy event in the automotive world.

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