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Historic car reg fetches £400,000 | Historic car reg fetches £400,000 |
(2 days later) | |
Edinburgh's first car number plate has fetched almost £400,000 at auction. | Edinburgh's first car number plate has fetched almost £400,000 at auction. |
The registration "S1" was originally bought in 1903, the year registration numbers were introduced. | The registration "S1" was originally bought in 1903, the year registration numbers were introduced. |
The number plate was first owned by Sir John H A MacDonald, a former Lord Justice Clerk of Scotland and motoring pioneer. | The number plate was first owned by Sir John H A MacDonald, a former Lord Justice Clerk of Scotland and motoring pioneer. |
The winning bidder in Friday's auction said it would now be displayed on an old red Skoda which will be seen around the Midlands. | The winning bidder in Friday's auction said it would now be displayed on an old red Skoda which will be seen around the Midlands. |
Sir John, also known as Lord Kingsburgh, was one of Scotland's first car owners. | Sir John, also known as Lord Kingsburgh, was one of Scotland's first car owners. |
He was a founding member of the Automobile Club of Great Britain and Ireland, which later became the RAC. He was also the first president of the Scottish Automobile Club, founded in 1899. | He was a founding member of the Automobile Club of Great Britain and Ireland, which later became the RAC. He was also the first president of the Scottish Automobile Club, founded in 1899. |
The historic "S1" plate, which had not been offered for sale since 1903, was expected to fetch between £200,000 and £250,000. I believe that number plates in general are a good investment, even at this price Unnamed bidderBold Registrations | The historic "S1" plate, which had not been offered for sale since 1903, was expected to fetch between £200,000 and £250,000. I believe that number plates in general are a good investment, even at this price Unnamed bidderBold Registrations |
Josephine Olley, from auctioneers Bonhams, said: "There was a bidding battle between several people on the telephone and a bidder in the room. | Josephine Olley, from auctioneers Bonhams, said: "There was a bidding battle between several people on the telephone and a bidder in the room. |
"The bidder who was present eventually secured the lot to a round of applause." | "The bidder who was present eventually secured the lot to a round of applause." |
The winning bidder from the company Bold Registrations, who declined to be named, agreed to pay £397,500, inclusive of buyer's premium. | The winning bidder from the company Bold Registrations, who declined to be named, agreed to pay £397,500, inclusive of buyer's premium. |
He said: "I believe that number plates in general are a good investment, even at this price. | He said: "I believe that number plates in general are a good investment, even at this price. |
"The registration number will remain in the UK and will be going on an old red Skoda which will be seen around the Midlands." | "The registration number will remain in the UK and will be going on an old red Skoda which will be seen around the Midlands." |
The registration was sold by Bonhams at its Goodwood Revival Sale in Chichester, West Sussex. | The registration was sold by Bonhams at its Goodwood Revival Sale in Chichester, West Sussex. |
In 2005, Bonhams sold registration "1F" for £144,500 and in 2006, it sold "M1" for a then world record auction price of £331,500. | In 2005, Bonhams sold registration "1F" for £144,500 and in 2006, it sold "M1" for a then world record auction price of £331,500. |
In January this year, car design entrepreneur Afzal Kahn paid £440,625 for the Formula One initials "F1". |
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