Could be a bogus bid. If you notice, most of the bids in the bid history are by the same person, and each one is ridiculously more than the next. Either that, or someone is desperate to own an A1200. There's nothing special there, just a bog-standard A1200 with a couple of games, PSU, and video cables, and fitted with a compact flash drive.
Yeah, that one's a classic. I think he had a printer listed for it as well, at $7999. At one time, the listing said that he would meet the buyer in person, at the police station down the street, for the exchange of funds. LOL.