The AC Ace was designed by John Tojeiro around a slim ladder chassis with all-round independent suspension by transverse leaf springs, bodied in hand-formed aluminium in a Ferrari 166 barchetta idiom, and put into production by AC Cars of Thames Ditton after its debut at the 1953 Earls Court Motor Show (source: AC Owners Club, ac-models/ac-aces). It ran until 1963 in three distinct engine families: the original AC-engined Ace with the pre-war 'long-stroke' 2.0-litre single-overhead-cam six, the Ace-Bristol using the ex-BMW 328-derived 2.0-litre Bristol BS1 straight-six, and the final Ace 2.6 with Ken Rudd's 'Ruddspeed'-tuned Ford Zephyr 2.6-litre pushrod six.
Production totals are consistently cited across independent sources: Wikipedia (en.wikipedia.org/wiki/AC_Ace) records 'about 220 AC Aces and 466 Ace-Bristol cars', with SCM's 1957 AC Ace-Bristol market profile giving 732 for all types combined (Sports Car Market). The final Ford 2.6-litre run is the rarest of the three: Bonhams' own catalogue notes for the 1961 Ace 2.6-Litre Roadster RSX 5006 (Bond Street Sale, 19 May 2021, Lot 16) state 'Only 36 examples of the Ford-powered Ace 2.6 were made, making it by far the rarest of the three engine types offered', while Conceptcarz's chassis profile of RS 5030 gives 37. That one-car discrepancy is flagged as Verify; both figures come from serious secondary sources.
The Ace is a genuinely important historic road car in its own right — the AC Owners Club records period competition success including class wins at Le Mans, and it was the car Carroll Shelby ordered from AC and re-engined with Ford's 260 V8 in 1962 to create the CSX2000-series Cobra. Ace values today sit well below Cobra values but are firmly established in the collector market, with the Ace-Bristol as the most tradable variant, the Ace 2.6 as the standalone rarity tier, and the original AC-engined cars as the founding, most-difficult-to-source examples.
The Ace is the AC design that Shelby chose to base the Cobra on. Originality, correct engine family, matching numbers and continuous ownership history matter more than mileage; the market clearly separates AC-engined, Bristol-engined and Ford 2.6-litre cars into three distinct tiers.