We are delighted to announce that the recent auction held at Ascot Racecourse by Design Restaurants Lifestyle Partners, Coys of Kensington, set a new world record.
The Douglas Potter 1953 Jaguar XK120 Competition Roadster sold for a staggering £97,000 making a new world record for an XK120 in this condition.
Left to rot in a Surrey garage for more than 40 years, the XK120 was expected to fetch between £15,000 and £25,000 at auction. Discovered by Coys of Kensington, the abandoned XK120 Competition Roadster was supplied new in 1953 to a Lieutenant in the army, who sold it to mechanic Douglas Potter in 1961.
Experts believe whoever bought the Jaguar will have to spend between £50,000 and £100,000 to return the car to its former glory, but it would make a welcome entry to any forthcoming International race meeting. This car stands as a true testament to the original design and concept as available in 1951 and was one of the world’s top sports cars, literally putting Jaguar on the map.
Read the full post-auction report here: Coys Ascot Auction sets new world record
Look out for more details of another member competition and offer for Coys next event at the fabulous Blenheim Palace on 29th June – follow us on Facebook and Twitter to stay up to date.
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