Most Expensive Domain Name

Discussion in 'Domain Names' started by koolasia, Dec 5, 2006.

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  1. #1
    Business.com which was resold in 1999 for $7.5 million, according to Guinness World Records, appears to have been surpassed as the most expensive domain name, and not by theRecordBreakingDomain.com which was attempting to become the most expensive domain name in a media-move by selling for $7,500,001.

    On January 19, 2006, it was reported that the domain Sex.com sold for $14 million US dollars to Boston-based Escom LLC, making it the most expensive domain sold. Former Sex.com owner Gary Kremen, reportedly wants to get out of the adult entertainment business. Other sources are quoted as saying the price Sex.com sold for was $11.4-12 million US dollars according to Reuters and AZOnline.

    While the current market for internet domains is nowhere as solid as it was during the dot-com peak, the market remains strong and is experiencing solid growth. Each year tens of millions of dollars are exchanged during the resale of domains. In September of 2005, the gambling company Leisure & Gaming has paid $1.4 million for the vip.com domain. This is the most expensive domain name sale publicly reported during 2005.

    The most expensive domain sale in 2004 was for creditcards.com.

    A small Austin marketing firm has paid $2.75 million for CreditCards.com. Despite the rocky history of high-priced domain sales, participants say it was a fair price, and the sale may signal a new gold rush for Internet address speculators.

    “It’s like prime real estate, there’s only so much of this real estate to go around. I feel like we bought a slice of Park Avenue,” said ClickSuccess CEO Dan Smith. The sale was actually completed in March [2004]. src
     
    koolasia, Dec 5, 2006 IP
  2. Computerized

    Computerized Well-Known Member

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    #2
    I'm so jealous of the people who originally bought those domain names...
     
    Computerized, Dec 5, 2006 IP
  3. danfouts

    danfouts Peon

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    #3
    I'm sure there are loads of people here in DP that own obscure domain names that make more money than Business.com does. It's what you do with the domain name that really matters.
     
    danfouts, Dec 5, 2006 IP
  4. Finale

    Finale Peon

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    #4
    Didn't

    x.com

    Go for like 100k? That's paypal if you don't already know.
     
    Finale, Dec 5, 2006 IP
  5. HideIp

    HideIp Active Member

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    #5
    I think VIP.com was like 3 or 7.5 million something like that.
     
    HideIp, Dec 5, 2006 IP
  6. Nintendo

    Nintendo ♬ King of da Wackos ♬

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    #6
    Don't you guys wish you started snatching up domains when you got on the internet for the first time??!! Heck, in 1996, it was a little more challenging, but had you registered business.com which was...

    Creation Date: 29-Apr-1998

    You would of made some really nice cash!!!! :D:D:D
     
    Nintendo, Dec 5, 2006 IP
  7. seoindiaweb

    seoindiaweb Banned

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    #7
    Lol,
    Nino i think you must hold some hot domains like this;) too , dont u?
     
    seoindiaweb, Dec 5, 2006 IP
  8. moneymakingguru

    moneymakingguru Well-Known Member

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    #8
    ITs all about timing isn't it ?

     
    moneymakingguru, Dec 5, 2006 IP
  9. franke1

    franke1 Guest

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    #9
    Hi,
    Good information. Have you ever tried free domain name? Are they suitable for business related websites?
     
    franke1, Dec 5, 2006 IP
  10. SmithS

    SmithS Guest

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    #10
    Nice thread discussion.
     
    SmithS, Dec 6, 2006 IP
  11. jacklaidlaw

    jacklaidlaw Active Member

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    #11
    sex.com is wasting there domain name they use it for an adult tgp site if they had any sense they would have it as a paysite again
     
    jacklaidlaw, Dec 6, 2006 IP
  12. Danago

    Danago Active Member

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    #12
    wasnt america.com also another big seller?
     
    Danago, Dec 7, 2006 IP
  13. Idiot Inside

    Idiot Inside Well-Known Member

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    #13
    Diamond.Com was an expensive one too. I think it was $7.5m or so..
     
    Idiot Inside, Dec 7, 2006 IP
  14. codyturk

    codyturk Well-Known Member

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    #14
    I give props for people who could think ahead into the future and register these very generic domains.
     
    codyturk, Dec 7, 2006 IP
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