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Bankruptcy.Net Sells For $56K Putting SnapNames October Showcase Over $100K

Posted on October 19, 2009
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Last week we reported on the Snapnames Monthly Showcase for October.

At the time we noted that one of the domains, Bankruptcy.net failed to sell although it had a bid of $50K.

Today, according to SnapNames.com the domain Bankruptcy.net sold for $56,250.

Nice sale.

Snapnames.com also reports, that another domain in that online auction, valuations.com, sold for $7K.

So the total for the October Monthly Showcase auction is $107,399.

Submission for the November Showcase featuring “generic/keyword” domain, are being accepted until October 27.

8 thoughts on “Bankruptcy.Net Sells For $56K Putting SnapNames October Showcase Over $100K”

  1. Chef Patrick says:
    October 19, 2009 at 4:12 pm

    That is a great sale. With the state of our economy bankruptcies are very popular. I’m a bit surprised it went at this price. I believe it could have easily been a $90-$120k sale.

  2. MHB says:
    October 19, 2009 at 4:21 pm

    Chef

    I agree

    I think the Seller should have waited for the live TRAFFIC auction to sell it off.

    Having said that the auction was well publicized, I personally selected it as my top pick for the Showcase Auction and there was only one bidder.

  3. John Mauriello says:
    October 19, 2009 at 4:36 pm

    It was a non domainer/End user purchase.

  4. Domain Investor says:
    October 19, 2009 at 5:00 pm

    “It was a non domainer/End user purchase.”

    That makes the low price even worse.

    I wonder how much iReit paid for it a couple years ago?

  5. John Mauriello says:
    October 19, 2009 at 5:06 pm

    You should have bid on it. It was there for the taking. End users are typically beating domainers to the punch on all the bigger names selling in the snapnames showcase auctions.

  6. BullS says:
    October 19, 2009 at 8:02 pm

    Why net?

    Useless extension!!!

    Let me be clear….all top domainers never never buy anything besides dot com.

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