Rick Latona announced the final inventory with reserve prices for the live domain auction that will take place in Las Vegas on Friday, January 22nd at 4pm. Bidding can also be done online on the newly launched Latonas.com website. Below are my top 10 domain names (along with the reserve prices) that are included in the auction. You can see the full list on Rick Latona’s blog.
- 320 Racehorse.com 30,000 USD to 40,000 USD
- 390 GamblingTours.com 2,000 USD to 3,000 USD
- 480 Meetings.com 200,000 USD to 250,000 USD
- 620 CatFood.com 50,000 USD to 75,000 USD
- 700 MotorcycleHelmets.com 50,000 USD to 75,000 USD
- 770 SeniorCitizens.com 75,000 USD to 100,000 USD
- 930 LongIsland.com 250,000 USD to 300,000 USD
- 1140 AntiqueMotorcycles.com 20,000 USD to 30,000 USD
- 1580 Actresses.com 40,000 USD to 50,000 USD
- 2040 USBMemoryStick.com 500 USD to 750 USD
I didn’t check the Whois info on the names, so I don’t know if I know the owners or not.
What are your favorites in the auction?
LongIsland.com my favorite but the reserve is ridiculous….
One can buy a couple of Burbanks with that reserve….
@ Steve
I think the price is pretty reasonable, although I am not in the market for it. LI is huge, and you could use subdomains for each city/town.
Agree, I think it will sell as lots of potential and great demographics to target with LongIsland.com, would not be suprised if this gets close to 400-500k, perhaps even someone from the print industry will take a liking..
Ditto, LongIsland.com is a winner. A newspaper like Newsday could easily benefit from owning this baby.
If you could buy a State name, what might it be worth?
If you do the math, LI has a population of about 7.5m and Lowell has about 105k. The next question is would you sell Lowell for 50k? If so, LI might go for more than 1m. The math brings it to 3.5m.
@ Dave
I wouldn’t sell Lowell.com for $50,000 because that’s what I paid and don’t need the cash. I may not be able to sell it for that price because of the economy, but again, I am not looking to sell it.
I think LongIsland.com would be worth as much or more than a state.com. Personally, I would rather own LongIsland.com than RhodeIsland.com.
Meetings.com is a monster. Massive revenue potential.
@Elliot:
I wouldn’t take LongIsland.com over any state name. A state.com is the brand for a state and that is venturing into big bucks territory. I would not go after LongIsland.com. Most of the US/world is not that familiar with it (menton Long Island in CA and they’ll say, “Who?”) and the whole point of buying any Geo is the national/world familiarity factor.
@ David
East of the Mississippi, Long Island is a huge area. IMO, most people don’t say they live in Massapequa or Rockville Centre, they say “I live on Long Island” or “I am from the Island.” There are some incredible homes out there and a whole lot of people.
Agreed, but selling advertising would be a nightmare. I know Long Island quite well. My cousin lives in West Islip and, when we lived in NYC, Michael and I were in a band based out of Rockville Center. Anyone who buys LongIsland.com would need to bult a site that would rival the depth of a state site. And I’d much rather have a state domain. On other hand, I’m curious as to how much direct navigation LongIsland.com receives. That would tell a lot.
@ David
There are a lot of state .com names I would rather have, too. However, some like RhodeIsland.com or Iowa.com wouldn’t be as valuable, IMO. According to Compete, LongIsland.com has close to 100,000 visitors per month. That’s some massive traffic especially considering the price
http://siteanalytics.compete.com/rhodeisland.com+longisland.com/
Elliot,
I agree with David, I asked the same question, who will be my advertisers? Credit, Long Island is huge, 7.5M population in both Nassau and Suffolk counties but just seems too broad. Thats why I concentrate on the smaller cities like Searing town, Roslyn Heights and Rockville Centre (you probably mentioned Rockville Centre cause you know thaw I own the dot com, thanks). Also, now that I’m reading the comments I see the point that people are making and perhaps the reserve is justifiable.
@ Steve
There are plenty of state .coms that are much more valuable. However, there is more tourism and residential communities on LI than other states – like Rhode Island. If I had a choice of Florida.com vs. LongIsland.com, I would choose choose Florida.com hands down. However, if I had the choice of RhodeIsland.com or LongIsland.com, I would choose the later.
@Elliot
In that aspect you are right…..
Rick’s team and their sellers have many nice ones at excellent prices.
Of those you’ve listed here, Elliot, I’d go with the CatFood.com as far as the one having the greatest upside at a sale anywhere near the minimum’s 50-75k range.
Though it might take 2-5 years for them to wake up to its importance and value to them, a resale to one of the cat food producers could easily be worth a 5x-10x return on investment.
As for LongIsland.com, it’s looks priced about right to me. David’s points are well taken. I’d certainly take any US state .com over it.
For those who believe it’s worth (far) more, ask yourself: For 400k; which it sold for; would you rather have Long Island . . . or Rio.com?
@ Steve
Agreed… I don’t think LongIsland.com is a steal, but I don’t think it’s overpriced.
CatFood.com has most potential by far. That is my $1 choice. Maybe because I have a cat and and every morning my wife says don’t forget the “cat food”:)
@ Jim
If you ever need a cat sitter, you know where to look: CatSitter.com 🙂
Almost ready to launch.
Personally I think the best bargain in the auction is POS.COM, but I may be biased 😉 Others names I like in the auction are;
homeowner.com
meetings.com
longisland.com
huntingseason.com
ragstoriches.com
AdMetrics.Com is a great one. Similar to Webmetrics.com and others that have sold for big money in the past.