Historic single-digit number plate up for sale for first time in 80 years

A century-old motorcycle numberplate worth up to $1 million has sparked a turf war among investors and superannuation funds as it goes on public sale for the first time in 80 years.

Φώτο αρχείου. Source: https://www.yoursay.act.gov.au/number-plates

The historic NSW motorcycle numberplate “1” is expected to net its anonymous owner between $500,000 and $1 million.

The single-digit plate has rarely changed hands and has gone on public sale even fewer times.

Its history dates back circa 1918, when it was owned by Bennett and Wood, originally penny-farthing dealers and later became importers of Honda motorcycles into Australia.

The market for historic plates has grown in the past decade with the oldest, single-digit plates returning the highest return for investors.

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