An Australian No. 1 License Plate Is Set To Sell For Over $6.7 Million

The No. 1 license plate for the Australian state of New South Wales has gone up for auction for the first time. The leading bid for “NSW 1” is already over the astronomical mark of 10 million Australian dollars (or $6.7 million) with six weeks left. The country’s previous record of AU$2.2 million for the highest-selling license plate has been shattered four times over.

According to Lloyds Australia, license plates were introduced to the country in 1910 after a spat of injury-inducing crashes where no one could be held accountable because the vehicle at fault couldn’t be identified. Each Australian state and territory issued its own plates and initially numbered them in sequential order. The auction house went into further detail about the history of the number one plate in New South Wales:

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