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A couple of Spider S4s in the condition of the silver one have sold for around £7,000 over here earlier this year so $12,000 seems OK to me.
I have seen a couple of S4s advertised in France, 80,000 Kms, good but not great condition for €8,800 and €10,000 which is equivalent to $12,200 and almost $14,000 at todays rates. I don't know if they sold at these prices but I would say values are definitely on the up in Europe.
It is supply and demand as ghnl says. I've just paid £4,000 for an automatic S4 in pretty poor condition (I reckon I need to spend another £3,000 to get it respectable) simply because they are rare in the UK (and the rest of Europe I think).
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