Wow...I worked JC Penny sporting goods in department '69-70. Remember when Penny's had guns? Mauser-actioned BSA's for $129, Parker-Hale's for $139; Browning Superposed for $404. Had a lot of those WWI commemorative Colt 1911's, the ones that came in a wooden box. Winchester Buffalo Bill commemoratives for $99 (20 and 24 inch). Pythons then were $175 (maybe $125...suddenly I don't recollect that particular, and too dang lazy to go look it up). We only ever got in six of them once, 6" blued, and I think a couple 4". Six phone calls and they were gone, mostly to sheriff's deputy. I do remember what beauties they were, and thinking how I'd probably never ever have one. Well, so far that's held true, hehehe. Especially now, I'd guess from that price. I say again, wow.
You may be just missing the EXTREME desire for that nickel Python. Or maybe it's someone who has more money than they know what to do with and also thinks they just have to have it now.
Or maybe its someone who has a little money in a account making 0.15% interest and they figure even at that price,the python will STILL be a better investment even at that price(and they get to actually hold it, shoot it, etc.).
Here are some photos I saved from this fake "NIB" Python auction. These photos will survive here after the Gun Broker link expires.
Every item in this auction, except the used Python, is a reproduction (bogus/fake). The $5310 auction price is the reason sellers create these bogus packages. In this case I estimate it put $2500 to $3000 bonus cash in the seller's pocket.