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TheDomains.com

Domains Are Cheaper than Booze

December 10, 2007 by Michael Berkens

On Saturday we reported from the Art Basel show in Miami and compared the prices of art work to domains.

Now comes the report from the Christie’s auction held this past Saturday in New York that a bottle of 1926 Macallan Scotch sold for $54,000, or $2,100 an ounce. It set a record for a bottle of scotch. It also beat expectations.

The total generated at the distilled spirits auction was just over $300,000. Also exceeding expectations.

As we keep saying there is a tremendous market for anything rare.

The fact that generic domains are not only rare but have a commercial use, makes them cheap by comparison to other commodities and collectibles.

Our advice, buy a bottle of Johnny Walker Blue and use the other $53,800 on a good domain.

Filed Under: Domain Valuation Tagged With: Domain Valuation

About Michael Berkens

Michael Berkens, Esq. is the founder and Editor-in-Chief of TheDomains.com. Michael is also the co-founder of Worldwide Media Inc. which sold around 70K domain to Godaddy.com in December 2015 and now owns around 8K domain names . Michael was also one of the 5 Judges selected for the the Verisign 30th Anniversary .Com contest.

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