It is up to you, how big is too big for you to physically handle? Can you lift it by yourself? Especially for public collections, and public gardens, large sizes are not a limit. There are "Two Man" bonsai, and there are "Forklift" bonsai. IF you have a forklift, or a team of gardeners, then there is no limit.
The larger the starting material, the longer the "initial chop" will take to heal. A trunk over a foot in diameter will take 15 to 25 years to heal the cut wound. It will take nearly as long to develop the next segment of trunk, to get a reasonable transition in taper. But if you are a teenager, with a long bonsai career ahead of you, you might want to put the time in.
Myself, I would consider that tree simply too big. If I can't lift a tree easily, I consider it too big. If the wound won't heal in 5 years or so, I consider it too big.
So it is up to you. That you had to ask, indicates it is probably too big.