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E-Type resurrected: Jaguar is restoring ten Series 1 models to their former glory – and selling them for £285,000 a piece…

In many motoring enthusiasts’ eyes, the E-Type is the greatest car of all time. Given the classic Jaguar’s performance, racing pedigree and looks to-die-for, it’s hard to argue with them.

And now it’s making an official return via Jaguar’s Classic Works facility in the UK – the same specialist team of restorers who have already looked after the reborn Land Rover Series 1 and Jaguar XKSS remake projects.

It won’t come cheap, though. These Series 1 E-Type will set you back £285,000 a piece – a far cry from the £2,250 the originals cost in the early sixties.

E-Type Reborn: Jaguar Classics has announced a limited run of just 10 restored Series 1 E-Types. This is the first – a 4.2-litre Fixed Head Coupe finished in Opalescent Gunmetal Grey

The first of the ‘E-Type Reborn’ range will make its debut at the Techno-Classica Essen show in Germany on April 5 and is one of just 10 cars that will initially be built.

Such limit numbers is due to the fact each car is expertly sourced and comprehensively restored to a concours level by the Jaguar Classic crew – that means they’re all genuine original E-Types, rather than new versions built from scratch.

All will be Series 1 examples built from 1961 to 1968, though with a choice of the 2.8-litre or 4.2-litre powertrains and body shapes, including coupe and convertible.

Take this Fixed Head Coupe show car with the bigger of the two motors.

It was originally exported to California where it racked up around 78,000 miles before it was stored in the early Eighties.

The bodyshell, engine and gearbox are completely original and have been rebuilt, while the ‘safety critical’ parts have been replaced with like-for-like fresh components made just as they would have been over half a century ago.

For instance, the mechanics use the spot-welding technique as Jaguar technicians would have in the early sixties, giving the cars the ultimate level of authenticity.

All 10 cars are original 1961 to 1968 models, sourced by Jaguar Classics and returned to their original state using parts the crew manufacturers in the same way as they would have in the over 50 years ago There will be a choice of 3.8-litre and 4.2-litre engines. The first model features the latter Every detail will be reverted back to original and finished to concours standards. Even the interior looks factory fresh

This extreme eye is also responsible for the eye-watering price tag, which varies depending on the specification of car available.

Requests can be made too, such as asking for later Jaguar parts to be fitted to improve the performance, like the cooling system on E-Type Lightweight models and brake calipers from the Series 2.

Tim Hannig, director at Jaguar Land Rover Classic, said: ‘The launch of E-type Reborn is a hugely exciting development for Jaguar Classic.

‘The E-type is the most iconic sports car of all time, so we are delighted to be able to give new life to expertly selected examples for discerning customers around the world to own and enjoy.

‘The resources and information available to Jaguar Classic’s expert technicians are unrivalled, which results in the most authentic E-type restorations possible.’

But does the unrelenting focus to restore the cars to their original best warrant the quarter-of-a-million-plus price tag?

Classic car insurer Hagerty values a concours version of the show car example at £130,000 – and that’s an exceptionally modest prediction, considering this dilapidated Series 1 model is predicted to sell for more than £40,000 on Saturday.

The total cost to restore this rusting E-Type to its former best using originally-manufactured parts is almost immeasurable, making Jaguar Classics’ figure a little less difficult to swallow.

A more direct comparison would be the 1961 Series 1 Roadster chassis number 62 sold by Silverstone Auctions last year for a sum of 140,630.

It certainly undercuts the recreated E-Types built by Eagle – expect to stump up close to £1million if you want one of their modernised takes on the 1960s icon.

Still, Jaguar Classics’ asking prices is £282,750 more than you’d have had to pay for a new one from the carmaker in the early sixties – yikes!