Nostalgia buffs will have to come up with at least $100 to purchase an old City of Toronto street name sign when sales begin sometime next year.

Transportation staff say they want to auction off the signs on the City of Toronto’s website, but they’re still figuring out details.

Wednesday, the minimum bid price was set at $100 by the public works and infrastructure committee.

“We believe the auction process is the best way to go,” said transportation general manager Steve Buckley. “We’ll be snapping photos of them, just like eBay, and posting them on the city’s auctioning site.”

Buckley said demand for the signs — of which about 1,200 are in storage — is high.

“We literally have thousands of people calling about these,” Buckley said. “We believe this (auction) is the fairest and most transparent way to do it.”

Councillor Adam Vaughan had submitted a motion back in the spring of 2012 requesting that the decommissioned signs be put on sale.

“This is about sharing the history of our city in a nostalgic way,” Vaughan said, while expressing frustration with the time it’s taking to come up with a sale process.

Earlier, city officials were planning to charge $30 for each sign until they were inundated with requests from residents.

The auction is expected to take place next year.

The most sought-after streets

Bathurst

Bloor

College

Danforth

King

Ossington

Queen

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Roncesvalles

Spadina

Yonge