The GreatDomains Premium Domain Auction Event which has been covered on Internetuals over the past week has now come to an end with many domains not meeting the reserve prices like RSS.com and Mag.com and some domains exceeding expectations by not only meeting the reserves but selling way over estimates like adel.com and singing.net. Although the auction had no huge $500,000+ sales which was the region within which the RSS.com reserve was, there was still plenty of bidding activity despite the current global economic state with the one word .net domains doing surprisingly well in the auction. Mag.com which closed suspiciously close to the $50,000 - $99,000 reserve region at $49,000 was the highest bid domain and RSS.com closed at a disappointing low-mid $xx,xxx, nowhere near the reserve price. Adel.com was the one of the surprises of the auction fetching a mighty $7,301 whilst the reserve was set at a modest $500 - $999. Storming.com which I discussed in the last blog entry as being a domain to look out for sold at $1,551 due to a flurry of last minute bidding activity jumping from $441 with moments remaining until the closure of the auction.
A list of the Internetuals recorded auction activity is available below with no guarantees that the results are 100% accurate:
The following domains closed with the reserves being met:
The results show a healthy market for one word .net domains and some good domain sales. The lack of interest in the big domains like RSS.com and Mag.com may be an indicator that the current economy has had an impact on the top end domains but all in all the auction provided some solid sales.