Sex.com, the web domain regularly touted as one of the most expensive in history, is up for auction, with bidding starting at $1 million. Sex.com however has had a varied history since its birth. It was originally purchased by Gary Kremen, the entrepreneur who founded dating website match.com, in 1994. Two years later, through a scam, the ownership was transferred to Stephen Cohen, resulting in a five-year legal battle over ownership. A Californian judge awarded $65 million in damages to Mr Kremen and returned him the rights to sex.com. He eventually put the site on the market in 2006, and Escom reportedly paid $14 million. According to Charles Carreon, a lawyer who once wrote about the domain's legal troubles, the site generated $15,000 a day in revenue at one point. Richard Maltz, an auctioneer at Maltz Auctions who is running the sale, said there was considerable interest in the domain name. "We don't know who's serious and who's not, but prospective bidders need a $1 million certified check," he said. "It should be interesting." Source Anyone from DP gonna bid on it ? lol
wish i had been a generator or two before when the net was starting, snapping up domains such as this. You'd be a multimillionare 10 times over.
Its only worth what someone is willing to pay for it,prices payed for it in the past is no indication of what it is worth at this moment in time and as we are not in good financial times i feel the present owner will loose money on it.
This is bound to happen... if one becomes greedy and pays $ 14 million, backed by just a desire to sell it even higher! Regards, RightMan