Nice 10x on a .CO Auction Win

If you pick the right domain names and win the auction for the right amount, there is still plenty of money to be made from expired/deleted domain names. Adam Maysonet illustrated this by sharing the results of a recent sale he made on Afternic:

Adam bought Spend.CO for just shy of $1,000. Using the Whois History tool at DomainTools, it would appear that Adam won the domain name in a Sav.com drop catch auction. He then listed the domain name for sale for $12,995 on Afternic, and someone bought it.

Assuming a 20% commission that would take about $2,500 from the gross sale price, that’s more than a 10x return on his investment. Not too shabby for a short-term hold.

Notably, Spend.com also recently sold in a drop catch auction. Spend.com sold for $802,500 a little over a month ago.

Expiry and drop catch auctions can be super competitive. Many top tier domain names sell in auction for what seem like retail pricing despite being acquired by domain investors.

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

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Recent Posts

Domain Summit Asia 2025 Coming in November

1
Fresh off a successful Domain Summit conference in London earlier this month, conference organizers announced a new event coming to Hong Kong later on...

Peter Askew Sells DudeRanch.com

1
I can't say I ever had the desire to take a vacation on a dude ranch, but Peter Askew's development of DudeRanch.com made that...

Beware of Early Renewal Fee for .AI Auction Wins (Updated)

2
In January of this year, I won Pinwheel.ai in an auction held at Namecheap. My winning bid was $541, as archived by NameBio. The...

Super.xyz Sold via Atom for $287,607

6
According to a post on X from Atom.com, Super.xyz sold for $287,607, becoming the largest publicly reported .XYZ domain name sale of all time....

Great NPR Podcast Explains the Value of Domain Names

2
Several weeks ago, Rick Schwartz shared that he would be a guest on an upcoming Planet Money podcast on NPR, where he chatted about...