GJ.com on Auction at NameJet

Elliot Silver
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2

The two letter GJ.com is now up for public auction on NameJet. At present, the high bid is $425,000 and the reserve price has not yet been met. There are 209 bidders involved in the auction, but since it is a public auction, other bidders may jump in and participate.

This is the third 2 letter .com domain name that has come up for auction at NameJet in the last couple of months. In early July, SX.com sold on NameJet for $555,050. In early August, XR.com went up for auction on NameJet, but the highest bid of $554,000 did not hit the (unknown) reserve price.

GJ.com is

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August Great Domains Auction Results

Elliot Silver
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2

Sedo just shared the Great Domains auction results, and I have published them below. The auction totaled a little more than $75,000 in domain sales.

Two 3 letter com domain names were the largest sales of the month. SGJ.com sold for $31,500 an UTT.com sold for $21,500. BB.org was the third largest sale of the month, closing at 15,500 EUR.

Since the auction ended today, none of these domain name sales are closed yet. Once they close, the results will be reported officially by the company and listed on DNJournal and Namebio.

August Great Domains results:

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Iomega.com: Pending Delete and Ready for Auction

Elliot Silver
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5

Iomega.com Domain Name

I remember many years ago when Iomega was one of the most well known Internet companies. Iomega.com was the domain name the company used for its website, and Iomega.com was originally registered on July 8, 1991. Iomega.com is certainly one of the first domain names ever registered. According to Wikipedia, Iomega is now known as LenovoEMC, and it previously traded on the New York Stock Exchange under the IOM ticker symbol.

I was looking at NameJet this afternoon, and I saw that Iomega.com is listed for sale under “The Drop” heading. I did a double take when I saw it, and sure enough, it looks like Iomega.com is in pendingDelete delete status. This status likely means the domain name will be caught and auctioned at a domain name auction house like NameJet, SnapNames, or DropCatch, depending on who catches it. The domain name is not currently resolving for me.

As a result of the domain name expiring,

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MattressGiant.com Going Up for Auction

Elliot Silver
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0

It’s not often that the domain name of a former major retailer comes up for auction. It looks like MattressGiant.com, once the website of Mattress Giant, is coming up for auction on NameJet. The domain name is registered at Network Solutions, and it looks like it recently expired, as it is in Pending Renewal or Deletion status.

Mattress Giant was once a thriving retailer of mattresses. The Wikipedia entry for Mattress Giant states that “Mattress Giant had a total of 360 stores in 14 states nationwide.” According to the Wikipedia article, “[I]n 2012 it was announced Mattress Firm would acquire all Mattress Giant locations in the U.S in a $47 million deal.” I am not sure what happened to the domain name for it to expire, but I presume it still receives some traffic.

The backorder deadline for this domain name is

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Submit Domain Names for DomainFest Macau Auction

Elliot Silver
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7

The DomainFest conference in Macau is coming up in just under a month from now, and I received an email seeking out domain name submissions for an auction that will take place during the event. The auction is being conducted by Right of the Dot, and it will take place on the 4.cn domain name marketplace. The auction will be held online from September 2nd – 10th.

As you can probably imagine, it looks like the auction organizers are only seeking out high quality domain names that would appeal to the market. The types of domain names they suggested are high value liquid domain names, particularly short names, numeric domain names, and possibly some short one word domain names.

For your convenience, I have published the email I received below. Before you submit your list of domain names, you should probably carefully review the types of domain names they are seeking.

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NameJet Changes Bid Increments

Elliot Silver
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8

Although I don’t recall actively participating  on a six figure auction on NameJet, I have been an observer on quite a few of them. One thing I found peculiar is that an auction could be in the half a million range and bidding would increase by just $100 per bid. This was a bit frustrating considering the auction is extended by 5 minutes for every bid placed in the final moments of an auction.

I just learned that NameJet has changed its bidding increments for auctions over $25,000. The new bid increments for auctions above $25,000 are below:

Current NameJet Bid Increments:

  • Less than $1,000 – $10
  • Over $1,000, but less than $25,000 – $100
  • Over $25,000, but less than $50,000 – $200
  • Over $50,000, but less than $100,000 – $500
  • Over $100,000 – $1,000

I asked NameJet General Manager Jonathan Tenenbaum to share the rationale

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