COYS Auctions sold 1963 Jaguar E-Type found in barn for £58,000

Article by Christian Andrei, on March 16, 2016

Under a hedge in the village of Bisley, Surrey, a 1963 Jaguar E-Type was found and later on sold at the COYS Spring Classics Auction in London for a whopping amount of £58,000. COYS CEO Chris Routledge claimed that the international auctioneer group was overwhelmed to receive numerous bids from around the world.

Bidders in the auction hall and those who called via telephone have participated just to own the vehicle from the 1960s. The antique Jaguar ended up going to a Beatles enthusiast and an English collector, who hopes to restore the vehicle to its former glory.

The 1963 Jaguar E-Type demonstrated 44,870 miles on the clock. The last tax disc on the windscreen, which expired in November 1969, was still present. The first owner of the vehicle in May 1963 was Ivor Arbiter, Drum City and Sound City London owner. Arbiter was well-known for designing the "drop - T" logo for The Beatles.

1963 Jaguar E-Type has since then been owned by a number of people around 1965 to 1967. Its last owner was Frank Riches, who extensively raced the vehicle at Brands Hatch, Blackbushe, and Oulton Park around 1967 to 1969. Riches burnt out the clutch and stored it until the 1980s.

Afterward, he moved the vehicle to his garden. Since then, it has been covered beneath a tarpaulin until a vendor discovered it in 2015. Other significant vehicles present at the auction include a 2010 Aspira F620, a 1984 Lamborghini Countach 5000 S, a 1956 Mercedes-Benz 190SL, and a 1901 Delin 4HP Voiturette eligible for the London to Brighton Run.

The cars were sold for £86,920, £253,800, £81,320, and £64,520 respectively. Routledge claimed that the value of classic models remains outstanding, citing the 1984 Lamborghini Countach 5000 S that was sold for a bid of £253,800.

The next COYS auction will be the Essen Extravaganza, which is expected to include 160 classic and sports vehicles. COYS Techno Classica auction will be held in Essen, Germany on April 9 while the COYS at Ascot auction will be held at the British racecourse on April 16.

Press Release

E-TYPE FOUND UNDER A HEDGE SELLS FOR £58,000 AT AUCTION

A 1963 Jaguar E-Type found under a hedge in the village of Bisley in Surrey sold for £58,000 at COYS Spring Classics auction in London.

Chris Routledge, CEO of international auctioneers COYS, said: “We were encouraged by strong results achieved across the board and the number of registered bidders joining us and bidding in the room – it’s always good to see the market is as active as ever.”

He added: “The derelict E-Type attracted attention from all four corners of the world and bidders in a packed auction room and via telephone fought fiercely for it on Tuesday night. It ended up going to an English collector and Beatles enthusiast who plans to slowly restore it to its former glory.”

The E-Type showed just 44,870miles on the clock and still had the last tax disc on the windscreen which expired in November 1969. The car’s first owner in May 1963 was none other than Ivor Arbiter, who owned Drum City and Sound City in London and was the designer of the ‘drop – T’ logo for The Beatles.

It changed owners a couple of times between 1965 and 1967, when it moved to its last owner Frank Riches, who raced it extensively at Oulton Park, Brands Hatch and Blackbushe between 1967 and 1969. Frank burnt out the clutch and instead of getting it fixed he put the car into storage in a lock up until the 1980s, he then moved it to his garden where is remained under a tarpaulin until the present vendor rescued it in 2015.

Other important cars auctioned included a veteran 1901 Delin 4HP Voiturette eligible for the London to Brighton Run (sold for £64,520), a 1984 Lamborghini Countach 5000 S (£253,800), a 2010 Aspira F620 (£86,920) and a 1956 Mercedes-Benz 190SL (£81,320).

Routledge said: “Values of classic cars remain robust with a particular note to the Lamborgini Countach selling for £253,800. COYS next auction will be the Essen extravanza with a catalogue of 160 classic and sports cars.”

COYS ‘Techno Classica’ auction takes place on April 9th in Essen, Germany, followed by ‘COYS at Ascot’ in the famous British racecourse on April 16th.

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