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$1 Million+ Sale of JG.com Sets NameJet Record

JG.com sold at auction on NameJet yesterday for $1,035,000. The sale is the largest sale on record for the domain name auction platform. Once the sale is closed, it will rank as the second largest public domain name sale of 2015, just ahead of the PX.com sale and sale of 588.com.

There were  440 bids from 269 bidders. Interestingly, there were 5 bidders who placed bids at or above $800,000. Because of the late bidding, the auction extended more than two hours beyond the original ending time.

NameJet General Manager Jonathan Tenenbaum commented to me on the record setting sale:

Will JG.com Sell for More Than $1 Million?

JG.com is in auction at NameJet. When I wrote about the auction yesterday, the high bid was $751,000. The high bid now stands at $805,000 and there are 5 different bidders who have bid over $700,000 to buy this domain name.

Yesterday evening, Media Options’ Andrew Rosener (who earlier this year sold PX.com for $1 million +) commented, “JG.com is liquid at $1M – $1.4M right now so I expect this auction will get very close to that level if not above.” I think Andrew is quite experienced with 2 letter .com domain names.

If JG.com sells for $1 million or more, it will rank as one of the top 3 public domain name sales of 2015 as recorded by DNJournal. It is already the largest NameJet sale of the year. Incidentally, FW.com

JG.com Bidding Passes $750k on NameJet

JG.com is currently up for auction on NameJet, and bidding has surpassed $750,000. There are currently 320 bids from 267 bidders, and the high bid stands at $751,000 with a little over one day remaining. The auction is a public auction, meaning anyone can participate in the auction.

NameJet has seen several two letter .com domain names come up for sale on the platform this year. Other sales and listings that didn’t meet reserve include the following LL.com domain names:

LTD.com Sells for $184,000 on NameJet

LTD.com sold at NameJet today for $184,000. Bidding on the auction extended  well beyond the original ending time due to the volume of bids that were placed as it was concluding. The auction was jointly promoted by NameJet and SnapNames.

There were 327 bids made on this auction, and there were 261 bidders who participated in the auction. There were 6 bidders who bid above $100,000 for the domain name.

Since the auction concluded this afternoon, the domain name sale should not be considered final. NameJet will likely report the sale to DNJournal, NameBio, and other outlets once the deal closes.

If the deal were to close today, it would rank as the

NameJet and Right of the Dot Team up for NamesCon Auction

According to a press release that was published today, NameJet and Right of the Dot are teaming up to run a live auction that will be held during the NamesCon conference in January. The auction will be held on January 11, 2016 at 2:00 PM Pacific (5pm Eastern) at the Tropicana Hotel in Las Vegas. For domain names that do not sell during the live auction, there will be an online auction for 10 days following the event.

There have been quite a few domain names entered into the auction already, and more will be added over the next few weeks. At the time of publication, some of my favorite domain names (not considering the reserve prices) include:

  • Genetics.com
  • Homecoming.com
  • Landlords.com
  • Lawn.com
  • Consignment.com

The press release mentions that auction submissions will be considered until November 20, 2015. Submissions may be made via the Right of the Dot website. As domain names are accepted into the auction, they will be added to the NamesCon auction page on NameJet.

I have published the press release below:

SnapNames & NameJet Team Up for LTD.com Auction

LTD.com NameJet Auction

SnapNames and NameJet are essentially sister companies as well as competing domain name auction platforms. SnapNames is wholly owned by publicly traded Web.com, and NameJet is co-owned by Web.com and publicly traded Rightside. Both companies provide an auction venue for domain names.

I received a press release this afternoon announcing that the two companies are working together to sell LTD.com. The domain name is going to be auctioned on NameJet, and the reserve price is between $25,001 and $50,000. The domain name went on the platform today, and the final day for bidding on LTD.com will be Wednesday, December 2. At the time of publication, there are 34 bidders.

If you visit SnapNames and NameJet, you can see there is an advertising banner on both websites announcing the auction.

Because the domain name is currently registered under Whois privacy, I am not sure who owns this domain name.

The full press release is below:

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