Coffee.org Sold for $100,000

According to an article I just read on Reve News, it looks like Coffee.org was recently acquired for $100,000 by Bill McClure, former Chairman of Traffic Strategies. McClure intends to build a coffee distribution website, and Coffee.org is certainly a great domain name to do that.
I’ve said in the past, there is a certain trust factor with the .org extension. While this may slightly work against McClure with a commercial enterprise, it would be easy to overcome if he also makes it a valuable informational resource all about coffee.
According to a quote from McClure in the Reve News post,

“Coffee is the second largest traded commodity, next to oil and has grown from $8 billion in sales in 2001 to over $ 13 billion today.” says McClure. “Studies show that throughout the world, people consume more than 330 million cups of coffee each and every day. This makes black coffee the most popular drink after water and even beats tea as people’s favorite drink.”

Thanks to Brad for sending the link to me!

Elliot Silver
Elliot Silver
About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has closed eight figures in deals. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest. Reach out to Elliot: Twitter | Facebook | LinkedIn
  1. Hi Elliot,
    I was tracking the Coffee.org domain as well when it was at auction on Sedo.http://www.dotweekly.com/2008/05/24/sumocom-sells-for-150k-at-sedo-coffeeorg-at-auction-at-100k/ and in the comment section is a post from the owner.
    So far, Sedo has not showed the domain as “sold” since I do not think it has been paid for yet. It’s best to wait until Sedo reports the domain in the Recent Sold section, as that proves the domain was paid for and transfered. Currently, it’s fair to say, the auction ended at $100K and is Pending Payment. 😉

  2. The money was paid and the domain is being transfered. Jamie, not to worry, we were not going to let this domain slip through our hands. It is a great acquisition. We also acquired Cigar.info this week. Bill

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Namecheap Prioritizing Sedo Listings Over Afternic

3
Michael Sumner from NameBio mentioned an unexpected uptick in sales closed via Sedo over the past couple of weeks, and he asked about whether...

Cloud.ai Sells for $600k via GoDaddy DBS

2
This afternoon, James Booth announced the $600,000 sale of Cloud.ai. The domain name was acquired anonymously by the buyer using GoDaddy's Domain Broker Service...

OnlyFans Founder – He’s One of Us

0
I read a NYPost article about the owner of OnlyFans, Leo Radvinsky, who is reportedly looking to sell his business for billions of dollars....

How Would You Spend $50,000 USD?

1
There's no doubt great .AI domain names are selling for big money on the aftermarket. This has been the case with great .com domain...

Do You Want a Domain Portfolio Tracking Tool?

2
Over the weekend, Atom's Darpan Munjal mentioned that Atom is considering building a domain portfolio tracking tool. He asked if anyone is using a...