Totally depends on the knife. That is way more than I would pay for poor quality, I have paid more for a good one.  A low end one will not sharpen well and will go dull easy.  A good one, that has been overheated from improper sharpening, is even worse.  Or, if you got a good one, once properly sharpened and you will likely be giddy with excitement.  Probably will be posting videos of how much better and cleaner you are able to cut leather.