Yes, old license plates can indeed be worth money, ranging from a modest sum for common types to significant amounts for truly rare examples.
For the average vintage license plate you might find around your house, its value is typically in the range of $10 to $50. While extremely rare plates can command much higher prices, reaching into the thousands or even more, it's uncommon for a plate to be worth hundreds of thousands. Notably, a set of matching plates (both front and back from the same issuance) generally holds more value than two individual, unmatching plates.
Factors Influencing License Plate Value
The worth of an old license plate is determined by several key factors that appeal to collectors. Understanding these elements can help you assess the potential value of a plate:
- Rarity: Plates with low production numbers, those issued for very short periods, or those with unique characteristics (e.g., specific materials, special uses like diplomatic or government plates) are often more valuable.
- Condition: The better the condition, the higher the value. Collectors look for plates with minimal rust, dents, fading, or paint loss. Original, untouched condition is highly prized over restored plates.
- Age: Generally, older plates, especially those from the early 20th century when license plates were less standardized and often made of unique materials, tend to be more sought after.
- State or Issuing Authority: Plates from less populous states, territories, or those with distinctive and aesthetically pleasing designs can be more desirable. Plates from obscure or defunct territories are particularly rare.
- Historical Significance: Plates associated with unique historical events, famous individuals, or specific vehicle types (e.g., very early electric cars, specific commercial vehicles) can have added value.
- Material and Design: Early license plates were made from various materials like leather, porcelain, steel, or aluminum. Plates with unique shapes, colors, or fonts can also attract collectors.
- Matching Pairs: A complete, original set of front and rear license plates from the same year and number series is considerably more valuable to collectors than single plates.
Typical Value Ranges
The value of old license plates varies widely depending on the factors listed above. Here's a general guide:
| Category | Typical Value Range | Notes |
|---|---|---|
| Common Vintage Plate | $10 - $50 | Average condition, widely produced, common states/years. |
| Mid-Range Collector Plate | $50 - $200 | Good condition, somewhat rarer state/year combinations, interesting designs. |
| Scarce/Rare Plate | $200 - $1,000+ | Excellent condition, very early issues, low production, unique materials, or highly sought-after designs. |
| Exceptionally Rare Plate | $1,000s - $10,000+ | Pristine condition, extremely limited issue, significant historical value, or unique errors. |
Where to Find and Sell Old License Plates
If you're looking to buy or sell old license plates, there are several avenues:
- Online Marketplaces: Websites like eBay are popular platforms for buying and selling individual plates or small collections. Specialized collector forums and online auction sites also exist.
- Antique Shops and Flea Markets: Many antique dealers and flea market vendors specialize in automobilia, including license plates.
- Specialized Auctions: For high-value or rare plates, dedicated automobilia or license plate auctions can achieve the best prices.
- Collector Shows and Conventions: Organizations like the Automobile License Plate Collectors Association (ALPCA) host conventions where collectors can buy, sell, and trade plates.
Tips for Collectors
- Research is Key: Before buying or selling, research the specific plate's history, rarity, and typical market value.
- Assess Condition Carefully: Be honest about the plate's condition, as it significantly impacts value.
- Verify Authenticity: For very valuable plates, ensure their authenticity and provenance.
- Handle with Care: Always handle old plates by the edges to avoid damaging the finish or adding fingerprints.
