It looks as if the 100S values have been moving lately. One just sold here in the USA, offered without public notice, and sold very quickly in 2-3 days at $300K. Antoher sold at Christies in England recently at 200 Pounds Sterling ($400K USD).
Unfortunetly the history of 3804 is a bit clouded and so it is hard to put a value to it. It appears it does not have the history proported by the sellers. If this proves out will the buyer have recourse to his purchasse of a car with a less than expected provenence?! 3804 is certainly a special car, as all 100S cars are. It appears it does have Sebring history. However the rest is very questionable.
So now the marketplace decides what that is really worth. With the value of Jag C and D-Types soaring and the Ferrari and Masser. values climbing, I really don't think the 100S values are all that bad. In fact the car is extremely usable on the track and street and very accepted in events throughout the world. In today's values perhaps it is still a deal at $400K??? I know, I know, that is a far cry from what we all have been used to, and would like to see, however "the world does turn" and "things do change"... sometimes not as we would like
GregJ