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Cars / Jaguar / XK120 Drophead CoupeLive
1953 Jaguar XK120 Drophead Coupe

✦ Shifty Estimate

$63,600

Medium confidence$52K to $73K
12 months median
$60K
Market cap
$112.3M · 1,765 built
Sales, 12 months
6
Original MSRP
$3,595 · ▲ 1669% since

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1953 Jaguar XK120 Drophead Coupe

1953 to 1954 · Convertible · 1,765 built

Price history

$50k$100k$150k$200kMar 2016201820192020202120222023202420252026✦ SHIFTY ESTIMATE TODAY $64k
Sold Bid, not sold
17 sales · 5 unsoldmedian $60kupdated Sep 2026

Specifications

Engine
Inline-6 DOHC, 3.4L
Power
160 hp
Torque
195 lb-ft
0 to 60
10s
Top speed
120 mph
Transmission
Manual
Drivetrain
RWD
Curb weight
3,024 lb
Production
1,765 units
Original MSRP
$3,595
Designer
William Lyons

Common questions

How much does a Jaguar XK120 Drophead Coupe cost?

A 1953 Jaguar XK120 Drophead Coupe cost $3,595 new. Over the past 12 months, 6 have sold publicly at a median of $60,300. The Shifty Estimate for a well-kept example is $63,600. Cars have changed hands anywhere from $51,788 to $73,140, depending on mileage, color, and history.

What is a 1953 Jaguar XK120 Drophead Coupe worth today?

The Shifty Estimate is $63,600. We rate confidence medium: 6 public sales in a year is a thin market, and the spread between them is wide.

Is a Jaguar XK120 Drophead Coupe a good investment?

It has appreciated 1669% against its $3,595 list price. Only 1,765 were built. The caution is spread, not direction: across the sales we have on file, prices ran from $20,000 to $218,326, and mileage explains most of that.

What has a Jaguar XK120 Drophead Coupe sold for at auction?

The 3 most recent public sales we have on file:

  • $20,000Sep 1, 2026Cream · 44,000 mi
  • $59,000Aug 19, 2026green · 10,429 mi
  • $73,398Jul 6, 2026black · 47,616 mi

The XK120 Drophead Coupe represents the ultimate XK120 variant—combining open-air motoring with weather protection in Jaguar's most elegant package. Introduced in 1953, only 1,765 examples were built during the brief two-year production run, making it the rarest XK120 today. The DHC featured a proper folding soft top, wind-up windows, and more luxurious interior appointments than the roadster, creating a true grand touring experience. The extended production time required for the complex convertible top mechanism limited numbers, while the higher $3,595 price point further restricted sales. Today, the DHC commands the highest values among XK120 variants, with concours-quality examples reaching six figures. The combination of rarity, elegance, and versatility makes the Drophead Coupe the crown jewel of XK120 collecting. Each survivor represents a masterpiece of 1950s British craftsmanship and automotive artistry.