OK team – the mighty two letter Signature Plate range has brought enormous excitement in the number plate scene in recent years, taking Victoria by storm, which is regarded by many as Australia’s premier number plate market. The demand for 2 character plates is currently on the rise and that is characterised by exponential growth since their release in 2007, given the rarity and exclusivity of this elite number plate subset.
This plate boasts two of the strongest performing letters in Signature Plates and number plates more broadly. In 2010, when Victorian Single Letters were released to the public for the first time – A and X were among the most expensive. A sold for $110K and X sold for $100K, making them the only two plates selling in the 6 figures on the night. Since then, we have seen the A and X series grow in popularity following the infamous 3 character NNL/LNN sell-out in Aug-Sep 2022, when both of these ranges sold out in hours and days.
In addition to it’s strength in characters, AX also sounds out the word “axe”, which gives the plate added strength for the number plate alpha.
Recent, comparable and notable sales include:
– FF $200K (2024)
– GG $210-270K (2023)
– UU $159K (2023)
– HH $130K (2024)
Our Value Assessment is based on a number of factors including the Seller’s Reserve Price, Strength of Characters and Growth Potential.
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