OK team - beautiful LN plate right here, only 25 others with the number 1, making this one of only 3 alternatives to the mighty single letter M.
2024 has seen a big appetite for BIG plates, and we have seen an unprecedented amount of plates exceed the $100K mark during auctions and standard listings. Despite the high interest rates and harder economic conditions, there’s a level of optimism and hope that comes with strong plates like this, because rarity trumps all else.
Housed in two beautiful colour combinations and sizes, this plate has hit the market for the first time since release, which makes it an exciting opportunity for a savvy investor to add to their investment portfolio - noting of course the above average growth that this range has demonstrated well over a decade, it’s proven to be far more superior than other standard investments.
As for comparables, we saw 0G sell last year during a peak of uncertainty, and A1 and A8 passing in for $150K and $100K respectively this year - what that tells us is - the market is well and truly closing in on the high expectations that sellers have of their rare Signature Plates - and the precedent has been set by the double repeating range with GG and FF both hitting $200K + so it’s a matter of time before all plates of this calibre reach the same. That time isn’t as far as you might think. Very exciting.
