Gold.co.uk reportedly sold for £600,000

An article posted today on Telegraph.co.uk states that Gold.co.uk has sold for £600,000 making it the largest sales price ever for a .co.uk domain. What is interesting is the buyer had a deal to buy the name  from the seller  £40,000, but the deal fell through and he invested the money in BullionByPost, which is set to have revenues of more than £100m this year.

Gold.co.uk has been sold a couple times in the past, it was part of a package deal back in 2011.

On April the 15th 2011 – Barry Garner – serial internet entrepreneur sold a large portfolio of domains which included Gold.co.uk, Accessories.co.uk and Babies.co.uk for £400k to Psychic Media Ltd. This is the largest single purchase Psychic Media Ltd has made to date.

From the article:

The gold.co.uk internet address has changed hands for £600,000, in what is believed to be a record price for a website with the British “.co.uk” ending.

Rob Halliday-Stein, an entrepreneur who founded BullionByPost, Britain’s biggest online gold dealer, purchased the domain name this summer.

While the sum pales in comparison to the million-dollar sums paid for websites ending in “.com”, it is believed to be a record for Britain’s “co.uk”, surpassing the £560,000 paid for “cruises.co.uk” in 2008.

Read the full article on Telegraph.co.uk

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