Evaluation: Represented as the matching numbers engine. Restored several times over the years and frequently used in various historic events and tours including the Mille Miglia Storica. Very good fresh paint and upholstery. Bashed wheel nuts. Good chrome. An older restoration with fresh paint and upholstery.
Bottom Line: This Spider America has been passed around frequently but each owner has chosen to use it and attend to its mechanical and cosmetic needs consistently which shows just how enjoyable the Spider America is. It sold at Bonhams Monaco in 2005 during its Emerald Green phase for $297,905, then at Gooding Pebble Beach in 2010 for $506,000. RM offered it at Monterey in 2018 where it was bid to $875,000 but did not sell but then sold at Bonhams Scottsdale auction in 2020 for $810,000, still in Emerald Green. The 12,178 miles showing on the odometer have almost all been accumulated since 2005. The reported high bid here is realistic, particularly in light of the Spider America offered at Bonhams which was bid to a comparable $1,050,000 also without selling. Bidders are expressing a different value opinion from consignors.
