Yes. Sadly that is very true.

There are sporadic posts on HN about people trying to sell domains. One of them jumped out at me as being "quirky", and although I didn't have a use for it I figured £200 would be enough.

The reply I received was "Sorry, I'm unwilling to accept offers of less than $50,000."

The post in question? Said "Make a reasonable offer". I guess we had different ideas of what was reasonable.