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May be even more than $500 because now you cannot register a 2 letter .org if someone lets it expire. This means your options are limited. Try registering ac.org and see what happens .
$250 is too simplistic of an answer. That would be on the low end of the range and for domains like 0q.org or other less desirable letter-numebr combos.
07.org was someone who knew little of names and did not want to invest $10 into registering i so he put the name on eBay with VERY little knowlege about names.
When the auction ended his plan was probably to reg the name. I believe he had extremely little knowlege of the value of the name but decided to test it on ebay.