Not me, and I'd look for $5K just on principle alone.
^^ I have to agree with this, personally/generally speaking. ^^
The longer I hold a domain with no offers, the more likely I am to sell it at a reasonable price. The guy got a 10x return, or he could have held out for more and risked holding it for another 20 years.
I also totally understand this, especially if you have a huge portfolio (otherwise, not so much for this domain).
It all depends on many factors
And this is very true too. Maybe the person has thousands of domains and needs some movement. Maybe they are sick and/or need money. Maybe they sold it to someone they have a connection with. They might even be 70+ years old and don't feel like they can risk waiting much longer. Maybe another domainer acquired the domain as part of a portfolio purchase recently, and is simply happy to do a quick flip to get some of his/her money back. Who knows.
What will LGP be used for I wonder?
I suspect a company called "PRESCOTT LGP FACILITY INC." bought it. I'm not sure who they are or what they do, since they are a new company.