A 1st generation Spot (without a spot) Ty Beanie Baby sold on November 14, 2012 on EBay for $350 plus $15 shipping. The Beanie had been authenticated by Becky's True Blue Beans. The Beanie had a 1st generation Korean tush tag and a 1st generstion heart tag.
Back in September 2000, an authenticated mint 1st generation Spot without a spot Beanie Baby sold for $1,837 on Smart Collecting Auctions at Collecting Nation. On December 17, 2010, an authenticated 1st generation Spot without a spot Beanie Baby sold on EBay for $320. Both Beanie Babies were mint with mint tags.
The value on this Beanie may have reached its bottom.