This study explores a novel approach to monitor the spectral emission of LEDs by estimating the spectral power distribution from the spectral sensor responses during an accelerated aging experiment. Two methods for reconstructing the actual LED spectra from sensor responses are presented and tested, one solely requires sensor datasheet information and the other uses a full spectral characterization of the sensor's spectral sensitivities. The reconstruction results show that a spectral sensor can provide accurate spectral estimates even after severe LED degradation. Only for an LED that suffered a phosphor crack, affecting its spatial radiation characteristics, limited ability to estimate the true spectral power distribution without prior assumptions about the spectral changes must be reported. Overall, the use of a spectral sensor, even without detailed characterization of the sensor itself, allows for an accurate monitoring of the true emission of LEDs, with a maximum radiometric error of 0.73 %, a maximum colormetric error of 0.0017Δ u'v' and a maximum spectral nRMSE error of 0.0097 compared to a spectroradiometric measurement. This advance holds great promise for improving lighting technology, particularly in applications that require constant radiometric output and stable color.