Hey, if there is no bug here, could we get this issue closed?
Alternatively, I'd be interested in doing the required change in documentation/error type if that's seen to be the right solution.

Personally, I think returning False instead of raising an error would indeed mask bugs as mentioned by Zufu. As for the error type to be raised, the argument type itself isn't wrong, it's just greater than the maximum so I feel an OverflowError type is right instead of TypeError. So maybe just clearer documentation is needed as suggested by Aldwin and no code change? Just my two cents though.