Recent sales for SWB Porsche 912s in similar "good" to "excellent" unrestored or sympathetically maintained condition (original drivetrains, documented provenance, with minor cosmetics and typical mechanical needs) were in $50,000 - $77,000 range. The top results - $77,000 and $81,000 - went to low-mileage, exceptionally presented cars with no mention of underbody oxidation and fully sorted cosmetics/mechanicals. Cars presenting with mild-to-moderate patina, minor undercarriage surface rust and some evidence of paintwork are often in $55,000 - $63,000 range. 912s needing full restoration, or those with serious rust, trade at lower levels. Given this car’s strong originality, solid overall condition and completeness, but tempered by moderate underbody oxidation, imminent need for a clutch and attention to mild paint flaws, the fair value for this car aligns just below the recent no-excuses “excellent” cars, but clearly above undrivable or neglected examples.