It's difficult to know. For a couple of 2-letter GTLDs of mine I've had suggestions/offers a bit higher than that. I had a much higher offer for one, but when I started the AML ('anti-money-laundering') process at the suggestion of my lawyer, everything went very quiet...
I appreciate your insights. I hadn't considered the AML (anti-money-laundering) implications before, but I will keep that in mind moving forward. Thank you