If it’s a confirmed genuine serial # 11711 NP3..then $5K is reasonable..particularly if truly new-in-box, I’d pay that price if I didn’t already own one. There were very few, less than a hundred or so that Benelli actually imported to U.S. dealers with the full-length mag tube and functioning collapsable stock..before the ATF hit the fire alarm & rushed in to invoke their typical oversight and disallow it. At this point in 2025, overall firearms sales have suffered significantly, nearly 10% down from a year ago..across pistols, shotguns & rifles..rifles being the highest at over 12% down. Point being, the current firearms market may/may not impact the value of a 11711 NP3-nib..depends on the interested buyer.