3486.com breaks the $35,000 mark on Go Daddy auctions…and there’s still three days to go

3486 Domain Auction

Another monster 4N .COM domain name is expiring and with bidding exceeding $35,000 this is going to be an interesting one to watch. It’s not secret that the numeric domain name market has remained hot but some of the auctions are pretty shocking to see, especially since the owner could have renewed the name for $10…if they only knew!

5N and 6N .COMs have been seeing a lot of bidding activity on Go Daddy Auctions but 4N .COMs are not nearly as common. Most of the activity in the numeric domain market comes from Asia where these domains have a clear liquid value.

Giuseppe from GGRG.com gave a great presentation at NamesCon Europe about the current state of the liquid domain market. One of the slides he shared looked at the % of liquid domains that are developed and 4N .COMs were low on that list. Here’s the slide I’m referring to:

What this means is that people buying 4N .COMS are buying them to develop, they’re buying them as assets…and with a price tag likely north of $50k, they certainly carry significant value.

I’ll be interesting to see who buys this but my guess is it’s someone that has a portfolio with quite a few other numeric .COMs. I’m guessing this will sell somewhere in the $60k range, what do you think?

{ 6 comments… add one }

  • Snoopy June 29, 2019, 4:35 am

    The minimum is around 12k and the low level of development isn’t a good thing. These are token names passed around between domainers.

    Reply
  • Snoopy June 29, 2019, 4:45 am

    Btw: the reason for the high price is probably just more bidding fraud. Bidders 9 and 10 likely won’t pay, perhaps bidder 8 as well and the next bidder down will collect it for a cheap price.

    Reply
  • Ethan June 29, 2019, 4:52 am

    What’s interesting to me is that some people are willing to spend so much on 4N+ numeric domain names, which don’t seem to have apparent values.

    Reply
  • Jose June 29, 2019, 5:12 am

    The domains of numbers (.com) are very well valued by the domain investor in the absence of finishing the Namescon Europe auction on July 2, 2019 there is 1895.com High bid $ 68,888

    Good weekend

    Reply
  • Braden Pollock June 29, 2019, 11:27 am

    I own a similar domain: 3834.com. Maybe I should reconsider my pricing now….

    Reply
  • Snoopy July 3, 2019, 10:11 pm

    Auction closed at $19,250, presumably after a bunch of fake bids were removed. Would be interesting to know if money actually changes hands at that price of if there is more fake bids that weren’t caught.

    Reply

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