First, I would argue that the 1967 Series I is the <font color="blue">single most desirable EType</font>, especially if it’s a roadster. I'm not just saying that because I have one, I'm saying that because it’s true. 1967 is the last year of the true series one (covered headlights and triple SU carbs), and in fact some later 67's are called a series 1 1/2. If the car you're looking at has glass covered headlights, then it’s a series 1. The 11/2 will not have glass covered headlights. 1968 began the series II. The 67 will have all the best features of the EType – glass covered headlights, triple SU carburetors, and most importantly, a fully synchromesh gearbox and the beefier 4.2 liter engine. ETypes prior to 65 had a non-synchromesh moss crash-box and a 3.8 liter engine. My Jaguar EType Restoration Guide states chassis number 1.E.15888 for the left-hand drive roadster as the beginning of the series 11/2, so if you chassis number is smaller than that, then it’s a true series 1 (mind you a 67 series 11/2 at that price would be a good deal as well) . My EType’s chassis number is 1.E.13333.
A price guide I have from 2004 lists prices as follows for a 65-67 4.2 series I roadster:
<ul type="square">
[*] Basket Case – $15-$18,000
[*] Sound Driver - $25 - $28,000
[*] Good Restoration - $40 - $55,000
[*] Top Quality Restoration - $75 - $110,000 (includes concourse)
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You car sounds like a cut above a basket case, despite being apart. The fact that the engine has been rebuilt (hopefully correctly), so <font color="blue">under $20,000 does not sound out of line</font> at all, especially if its complete and rust free (rust on an EType can be a very expensive proposition).
Basil