Three Jaguar XK120's from the Lanny Sims Estate will be offered for sale in Scottsdale on Wednesday, January 18th by Worldwide Auctioneers - two OTS and a FHC. All are in immaculate condition and are JCNA Concours winners.

1950 Jaguar XK120 OTS
1950 Jaguar XK120 OTS | Scottsdale Auction | Worldwide Auctioneers

1952 Jaguar XK120 OTS
1952 Jaguar XK120 OTS | Scottsdale Auction | Worldwide Auctioneers

1952 Jaguar XK120 FHC
1952 Jaguar XK120 Fixed Head Coupe | Scottsdale Auction | Worldwide Auctioneers

 

I've been out of the scene for awhile but that seems to be a tad high?

 

Hard to say. Value is always subjective. Knowing the cars, I can say that the market estimates are commensurate with the overall quality of the cars and the correctness of the restorations. All three cars have been shown and judged as among the best examples out there.

I would also add that there is a "rising tide" at work in the market. In my opinion, the XK120s and 140s have been undervalued and underappreciated in the market of late. The prices on E-Types at auction have exploded in the past couple of years, and that has had an effect on 120 and 140 values. As the prices of E-Types have risen, so have the prices on the very best examples of the 120s and 140s. However, there is a wide range in values relative to condition and options.

Regardless, all three cars are selling at "no reserve" so the buyers will be the final arbitrator of value.

 

That's a pretty fair assessment.