Only 1 sale in first day of auction.
The first of three days in GoDaddy’s first Signature Auctions failed to attract more than 1 bid, with only 1 of the domains selling. VirtualServer.com, the only good domain with a reasonable reserve, sold for $20,000.
My perspective is that the reserve prices were way to high. They seem much higher than experienced auctioneers such as Moniker have achieved. Here were the reserve prices for today’s domains:
VirtualServer.com $20,000 – sold at reserve
Most of these reserves are at least 2x-3x greater than what I’d expect these domains to sell for in a Sedo or Moniker auction.
The platform for the Signature Auctions is interesting. The auctions don’t have an ending time; just a chatroom moderator who opened and closed the bidding. Below is the user interface:
Will the final two days of the auction be more eventful than the first? Based on the reserves, I doubt it. Here are the remaining domains and reserve prices:
Apartments.mobi $20,000 (this one may get some bids)