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?