Yes, but not many people really need the contrast ratio that high. Also, the only monitor I can find that uses such a panel (based on TFT Central's panel parts database) is the Philips 241P4QPYES, which was measured at 1691:1 static contrast here (rather than the 5000:1 it claims):
http://www.pcadvisor.co.uk/reviews/pc-peripheral/3335926/philips-brilliance-241pqpyes-review/
If you really want high static contrast, you might look at the NEC EX231Wp, reviewed here as having over 3000:1 static contrast at various brightness levels:
http://www.tftcentral.co.uk/reviews/nec_ex231wp.htm
(see the "Contrast Stability" section)