  We predict a condensation phenomenon in an overall neutral system, consisting
of a single charged plate and its oppositely charged counterions. Based on the
``two-fluid'' model, in which the counterions are divided into a ``free'' and a
``condensed'' fraction, we argue that for high surface charge, fluctuations can
lead to a phase transition in which a large fraction of counterions is
condensed. Furthermore, we show that depending on the valence, the condensation
is either a first-order or a smooth transition.
