The dash plaque in my 1951 XK-120 says:
Certified that this Jaguar Car is an Exact Replica of the record-breaking car which achieved the spped of 132.6 M.P.H. at Jabbeke, Belgium, 30 May, 1949. Certified By D. W. Heynes, Chief Engineer. Jaguar Cars Ltd., Coventry, England. The D. W. Heynes part is a signature.
I've owned this car since 1969. I am starting its second restoration. I have no reason to believe that the dash plaque is not an original factory item. The "Exact Replica" (in larger print on the plaque) language always amused me because the production XK-120 did not come with an undershield, cockpit cover or Brooklands windscreen that were on the record car. If I recall correctly, all of these extra parts were listed in the factory parts catalogue for the XK-120.
Yes, I have had mine up to 120 (on the speedo), once. Just had to see if it would do it.