The domain name Cotton.com just sold on the SnapNames.com “End of Year Auction” for $205,890
I would say its the highest sale of a domain in a themed auction for 2012 including any live auctions.
There were only 2 bidders in the auction but as we know it only takes 2 bidders to make an auction.
The domain name had a reserve range of $100,000-$250,000.
At this price it will be ranked as the 13th largest sale of 2012 according to DnJournal.com
Congrats to the seller and buyer.
Cotton.com sold for $75k in 2008 TRAFFIC auction
Andrew
That sale didn’t go through.
A bargain………….
Nice sale!
I love wearing cotton panties
DomainEstimator.com values Cotton.com at a range of $738,000 to $984,000.
Hundreds of thousands of dollars were left on the table by the seller; he or she should be ashamed of themselves for selling this domain for a little over $200,000.
DomainEstimator.com values Cotton.com at a range of $738,000 to $984,000.
Hundreds of thousands of dollars were left on the table by the seller; he or she should be ashamed of themselves for selling this domain for a little over $200,000.”
Well, “DomainEstimator” doesn’t pony up the money to buy the domain, the actual buyer does. While I agree that the name *seems* more valuable than this sale indicates, the fact is that this sale actually does indicate the value of the domain.
We have not been hustling this name for years trying to find that one buyer that “gets it”, the seller has. So, if this was the best deal he could find, he did the smart thing and took the deal. You know the old saying “a bird in the hand…” well, this is that bird.
Bottom line is this: The true value of any domain at any given time is the amount that a buyer is willing to pay and the seller is willing to accept. No more, no less… that’s it.
With the upcoming “fiscal cliff” with increases in tax rates effective January 1, it’ll be interesting to see if other US-based sellers reduce their valuations (in order to maximize their “after tax” proceeds).
I think it was a very ‘full’ price for a domain like this.
After all, there aren’t many practical uses for cotton.com;
manufacturers don’t need it really, and the same is more
or less true for trade suppliers, so I wonder who actually
bought this name and what will they use it for…