The Lincoln director's rejection took place in the 1970s, when he went to producer Albert R Broccoli with his proposal.
The Daily Mail quotes Spielberg as saying: "I went to Cubby Broccoli and I asked if I could do one and he said, 'No'.
"I've never asked again. Instead, I made the Indiana Jones series."
Spielberg added that he had enjoyed latest Bond instalment Skyfall, commenting: "I've seen it once and I'll see it a second time."
fine line that he had to tread between reverence and cynicism in relation to the iconic figure.
"It was very important for all of us making this film to avoid being cynical, to avoid cynicism," he said.
"I think it was just as important for all of us making the film to avoid hero worship, because I think you can admire someone immensely, as I admire Lincoln, but without worshipping him."
Lincoln, featuring Daniel Day-Lewis in the title role, will be released on November 16 in the US and January 25 in the UK.
Watch a trailer for the film below: