1961 Jaguar E-Type Series 1 Flatfloor – Chassis 40 sold for £88,000

Jaguar_E_Type (2)Surfacing last month, the E Type gained international interest and was put up for auction by Ascot based Coys auction house.

Earlier estimates had put the value of the car at £20,000 to £40,000 though auctioneers stated that its knock down price could reach upto £100,000. The buyer is from South of England and purchased the car on Saturday afternoon for a total amount of £88,040.

The 1961 E Type Jaguar was the 40th right hand drive coupe produced from the company plant in Coventry in 1961. It was purchased by the selling vendor in 1969 and taken to France in 1974 where it has been since. The car needs some restoration but according to auctioneers is still in very good condition.

Estimate: No Reserve
Registration Number: TBA
Chassis Number: 860040

One of the greatest post-war sports cars, Jaguar’s E-Type made immediate headlines on its launch in March 1961. A direct descendent of the C and D-Type models that so dominated Fifties sports car racing, its 3.8 litre twin cam engine produced 265bhp and was mated to a Moss four-speed gearbox. Beneath the beautiful William Lyons/Malcolm Sayer-styled body, available in coupe or roadster form, the steel monocoque chassis sported all independent suspension mounted on detachable subframes, using double coil springs/dampers and swing arms at the rear with torsion bars and wishbones at the front. Brakes were discs all round, mounted inboard at the back.

Significantly, Chassis 860040 is the 40th right hand drive fixed-head coupe to roll off the Jaguar production line and is one of the earliest examples in existence today. Originally registered in July 1961, the car was delivered new in right- hand drive to the UK.

Purchased by the current vendor’s estate in 1969, this matching numbers, (including cylinder head) 3.8 flat floor was driven to the family home in France in early 1974. It was this year (1974) that the vendor decided to repaint the car in aubergine from its original grey.

Laid up since July 1974, chassis 860040 has remained undisturbed in dry storage, underneath a dust sheet car cover until Coys specialists discovered the car in France last month. The family’s mechanic reported that the car was last started around 5 years ago. We are informed that the engine has been recently turned over.

The wonderful “time warp” interior is finished in blue and the correct aluminium dash board is in very good order, along with the steering wheel which is original. The leather seats display a wonderful patina offering a feeling of complete originality. The jack and spare wheel are original and present.

Bodily the car seems to be very solid, having been stored in such a dry climate all these years. The doors shut wonderfully and the bonnet gap is excellent.

Chassis 860040 offers its new custodian a unique opportunity to acquire one of the most original early E-Types available anywhere in the world. Arguably the most significant Jaguar discovery this decade, and offered at No Reserve, buyers should not miss an opportunity to own a unique piece of Jaguar history and surely to be the star of any Jaguar collection.

Interested parties should note that no paperwork has yet been found by the vendor’s estate for this Lot. It is offered on a bill of sale.