A tatty Jaguar XK140 found in a Belgian barn in April has sold at auction in Monaco for €365,500, roughly ten times its original estimate.
Built as a standard XK140 in 1955, the car was involved in an accident in 1957 in which its factory bodywork was nearly completely destroyed. It was subsequently rebuilt by famed Italian coachbuilder Giovani Michelotti, who created a one-off Jag with unique styling.
While the car is in need of full restoration, it’s clear that the high-waisted fastback styling and rakish, muscular silhouette are quite unlike the Jaguar as it first left the production line. Its front end is particularly progressively styled, previewing (coincidentally) the XJ-S models for which Jaguar became known two decades later.
Internally, the car retains much of its original XK140 mechanicals, though its engine borrows heavily from the C-Type. Experts assume that the 1957 crash that damaged the coachwork also affected the engine, and that the broken XK140 components were replaced with competition parts from the same era.
The result is a completely unique British sports car with a fascinating history. It was offered for sale by Bonhams at the historic Villa la Vigie, overlooking Monte Carlo and the Côte d’Azur, on Friday evening. Proceeds from the sale will go to the Animal Rescue Centre in Ghent.
«Establishing the value of a barn find is always difficult, especially when it has unique attributes such as this one,» said Bonhams spokesperson Poppy McKenzie Smith. «The total achieved for the car yesterday illustrates the fact that collectors remain keen to acquire rare and interesting projects.
«We are delighted with the result, particularly as the sale of this lot supports an animal welfare charity in the vendor’s native Belgium.»