Silent Auction Thoughts

After viewing the Moniker silent auction results, I found quite a few surprises:

In my opinion, there were a few good deals to be had. I believe the following domain purchase was an absolute steal for the price at which it sold:
Illustrate.com

I was surprised nobody picked up the following names, as I thought the reserve prices were more than fair:
Finances.com – $500,000
Whiskey.com – $470,600
Handhelds.com – $58,830

Another surprise to me was how much stock in numerics seems to have dropped. There were many NNN.com numeric names that seemed to have reasonable reserves ($5,890) but didn’t sell – 634.com , 547.com, 481.com, 643.com, 493.com, 342.com, 441.com…etc. There were also a few NN.com names that had higher reserves but didn’t sell. It isn’t very often that pure numeric .com names come onto the market, and I was surprised a speculator didn’t grab them.

I was also somewhat surprised that more .mobi names didn’t sell. I am not a big believer in this extension, but after reading how vigorously this extension has been defended by its supporters, I am surprised there wasn’t more action on them. Quite a few people have been posting that they made xxx% profit so far and still have quite a few .mobi names in their portfolios. If these people felt strongly about the extension, I would have thought they would be willing to reinvest and buy some of the names. One would think that reinvesting in a few of these names could have led to a round of “aftershocks” that followed when Rick Schwartz paid $200,000 for Flowers.mobi.

I believe many of these names will move now that the auctions have ended. Domain investors know the owners are interested in selling, owners know the domain investors at TRAFFIC thought their prices were too high, and I bet some compromises will be made to close some deals once.

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

2024 Global Domain Report Released Today

0
The annual Global Domain Report, produced jointly by InterNetX and Sedo, has been released and is now available to download at no cost. The...

Grok Knows .com

5
Grok is a generative AI chatbot developed by Elon Musk's company, xAI. Grok has been promoted within the X / Twitter ecosystem, and X...

Dynadot Now Offering Cryptocurrency Payments

1
Dynadot just announced that it now offers customers the ability to make payments using cryptocurrency. The offering is made via Bitpay, which supports more...

Sedo to Host .AI Auction

0
.AI domain names have become a popular topic of late. Some of the most popular domain industry auctions these days are the monthly expiry...

Scaffolding Company Gets Industry Matching .com for Under $50k

0
Sedo’s Senior Broker Dave Evanson reported the sale of Scaffolding.com yesterday. The domain name sold for $46,666, and it was the largest domain name...