Heritage Auctions Gives Auction Update

Elliot Silver
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Aron Meystedt, Director of the Domain Name and Intellectual Property Department at Heritage Auctions, shared an update about the company’s domain name auction that will be held in San Francisco later this month. The April 19th auction will feature 42 domain names.

In addition to the marketing materials that are being distributed by HA, the auction also received some additional press. CNet published an article yesterday about the auction of Quick.com, “the 85th name taken once domain name registrations were opened up to the world.”

Here’s the update Aron shared, which includes information about the domain names that are up for auction, information about bidding, and he offered a peak at some of the marketing materials that are being used to promote the auction:

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Sedo Great Domains Auction Results for March

Elliot Silver
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Sedo shared its monthly Great Domains auction results, and three letter .com domain names took 3 of the top 4 spots. A .net domain name was the second largest auction.

CUN.com sold for 113611 EUR, which is a little bit less than $130,000 USD. This sale could rank in the top 20 sales of 2016, depending on what else is reported this week. Investment.net sold for 49999 EUR, which is around $56,000 USD. This will rank in the top 5 non .com domain sales of the year. VRK.com and ZUJ.com both were reportedly sold for 21000 GBP, or approximately $30,000 USD.

Listed below are all of the sales from this month’s Great Domains auction. I am not sure if all of these deals have closed yet, so keep that in mind when you note these sales. Sedo generally reports its sales to DNJournal and NameBio, so they will become “official” once that happens.

March Great Domains auction results:

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GoDaddy Investor App Hangout Scheduled

Elliot Silver
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I have been using the new GoDaddy Auctions app (called the GoDaddy Investor app) quite a bit lately. I wrote about the GoDaddy app when it was first released, and I have been using it regularly since then to bid on auctions. The GoDaddy Investor app is available for download in the Apple app store.

On March 25th from 11:30am – 12:30pm, GoDaddy will be hosting a Google Hangout to discuss the new app and how domain investors can use the app.  GoDaddy’s Joe Styler told me that Page Howe will  be making a  guest appearance during the Hangout, and he plans to discuss what it was like being a part of the beta testing group for the app  and how he is using it now.

Here’s the brief write up about the Hangout:

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Poll: 8.Club vs. 1.XYZ

Elliot Silver
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There are two new gTLD domain name auctions on the horizon, and both auctions have at least one domain name that is likely to draw significant bidding interest. I am curious about which you think will sell for more money.

Later on this month, 4.cn will be hosting an auction featuring .Club domain names. All of the auction lots are two number .Club domain names, with the exception of one: 8.Club. It seems like .Club domain names have been selling quite well to Chinese domain investors, and 8 seems to be their favorite character.

Also later on this month, West.cn will be hosting an auction featuring .XYZ domain names. .XYZ domain names have also been selling very well to Chinese buyers. The headlining domain name in this upcoming auction is 1.XYZ.

In the poll below, vote which domain name will sell for more money:

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4.CN to Host No Reserve Numeric .Club Auction

Elliot Silver
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According to a press release I received this morning, 4.cn, a Chinese domain name auction platform and marketplace, will host an auction exclusively for .Club domain names. Jeff Sass, Chief Marketing Officer of .Club told me that “this is the first time 4.cn has held an auction for a single new domain extension exclusively.”

The auction contains 25 .Club domain names. All but one of the domain names are NN.Club (2 number) domain names. The one exception is 8.Club. The auctions will all be available for bidding via 4.cn on March 7, and they will close between March 21-24. You can have a look at the inventory on the .Club registry website since they are not yet listed on 4.cn.

I was told that there are no reserve prices, so the domain names will sell to the highest bidder. In addition,  “these are all offered by the registry,” Jeff told me.  I am not sure what the opening bid will be, but Jeff believes that it is the minimum 4.cn auction bid. He will let me know when he finds out for certain.

To date, the .Club domain name extension has become  one of the best selling new gTLD extensions. I believe much of their success has come as a result of Chinese registrations. Some registrars have been offering .Club domain name registrations at just a dollar or two, which I believe has contributed to its growth. .Club currently sits in the #5 spot for most registered new gTLD domain names. nTLDStats.com reports that there are over 720,000 registered .Club domain names.

Here is the press release I received this morning:

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GoDaddy “Valuations” Are Laughable

Elliot Silver
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I just saw a tweet from the GoDaddy Auctions account promoting the upcoming auction for the three letter WOA.com domain name:

I retweeted the link and visited the auction page to get some more details. The thing that stands  out to me the most is the “valuation” field. Three letter .com domain names have been selling for thousands of dollars for many years. I highly doubt you could buy any LLL.com domain name for less than 5 figures today, and if you can, there are probably issues with it. In fact, back in November, Mike Berkens wrote “I’m calling the wholesale value of Chinese LLL.com to be around $50K.” WOA.com is not a “Chinese LLL.com” but it is worth 5 figures in today’s market.

So what is so jarring about GoDaddy’s valuation? According to the auction page, the valuation of WOA.com is

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