They say that classic cars have been a good investment in recent years. Well, that would certainly appear to have the potential to be the case for a 1953 Jaguar XK120C ‘C-Type’ Sports-Racing Two-Seat Roadster with the registration number POV 114.
The above classic sports car has been in the same family’s hands since 1963 when it was bought by Guy Griffiths a racing photographer for what was then a substantial sum – £635. Well, what an investment that may turn out to be because the vehicle is to be auctioned at Bonhams Monaco Sale that takes place at the Fairmont Hotel in Monte Carlo on the 13th May 2016 with an estimated sales price of between £3.2 million to £3.9 million.
It has driven at high speed around many a racing track but possibly its most famous race was the 1953 Le Mans 24-Hour event. The sports car finished in 9th place overall – a considerable achievement.
Apparently, a Jaguar C type sports car as detailed above is highly sought after so there will no
doubt be a considerable amount of interest when auctioning commences. The car has been well maintained and is in roadworthy condition. It has attended a number of classic car events and been taken out by its current owners on day trips.
The vehicle is almost in its original condition with some sensible changes made to the oil pipes and brake lines from a safety point of view plus it has four-point seat belts. It also has flashing turn indicators. It comes with its original log book.
None other than the famous racing driver Sir Stirling Moss has been extremely complimentary about the Jaguar C Type.
So, if you are a classic car enthusiast with quite a bit of money then you may wish to get along to the auction and enter into the bidding for this vehicle that has a wonderful racing pedigree. If you are successful in buying the car then don’t forget to make sure you get it insured. Here at AIB Insurance we will gladly provide a free, no obligation classic car insurance quote.
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